PHARMACY

University of Oklahoma College of Pharmacy team wins NCPA business plan competition

BY Alaric DeArment

ORLANDO, Fla. — A business plan developed by a team of pharmacy students from Oklahoma has won an award from the National Community Pharmacists Association and Good Neighbor Pharmacy.

The NCPA announced Monday that the University of Oklahoma College of Pharmacy team was named the winner of the 2013 Good Neighbor Pharmacy National Community Pharmacists Association Pruitt-Schutte Student Business Plan Competition. The runners-up were the team from the Stockton, Calif.-based University of the Pacific, Thomas J. Long School of Pharmacy and the University of Arkansas for Medical Sciences College of Pharmacy. In all, 39 teams competed.

"All of the business plans were well-done," NCPA president and Anniston, Ala., pharmacy owner Donnie Calhoun said. "The three finalists not only presented excellent written business plans, but followed up with outstanding live presentations. I want to congratulate this year’s winning team from the University of Oklahoma College of Pharmacy for their impressive efforts."

The NCPA said the contest was the first national competition of its kind in the pharmacy profession and is now in its 10th year, named in honor of two champions of independent pharmacy, the late Neil Pruitt and H. Joseph Schutte and supported by Good Neighbor Pharmacy.

The three finalist teams made live presentations of their business plans before the competition judges and a large audience, and were honored at the NCPA Foundation’s award ceremony Sunday. The results of the competition were announced during the opening general session of the NCPA’s 115th annual Convention and Trade Exposition, which began Saturday and lasts through Wednesday in Orlando, Fla.

The University of Oklahoma team won $3,000 for their local NCPA chapter and $3,000 contributed to the school in the name of dean JoLaine Draugalis to promote independent pharmacy. The University of the Pacific team received $2,000, and the University of Arkansas team received $1,000.

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PHARMACY

NCPA recognizes pharmacy schools, students for legislative, patient outreach initiatives

BY Michael Johnsen

ORLANDO, Fla. — The National Community Pharmacists Association Foundation on Monday announced the top student chapters and outstanding student chapter members at the NCPA 115th Annual Convention and Trade Exposition. Sponsored by the McKesson Foundation, the 2013 NCPA Student Chapter of the Year is the University of Texas at Austin; the first runner-up is the University of Houston; and the second runner-up is the University of Colorado Skaggs School of Pharmacy and Pharmaceutical Sciences. 

In addition, the 2013 NCPA Most Improved Chapter winner is Palm Beach Atlantic University School of Pharmacy, while the University of Texas at Austin also won the Health and Wellness Challenge and Ohio Northern University won the NCPA Legislative Advocacy Challenge. The NCPA Legislative Advocacy Challenge and the Health and Wellness Challenge are projects created by the NCPA Student Leadership Council to engage NCPA student chapters in legislative and patient outreach activities in their community.  

“NCPA student chapters help future pharmacists become future pharmacy owners through entrepreneurial-based programs during their collegiate experience,” stated Sharlea Leatherwood, NCPA Foundation president. "Amazingly, many of our 2013 honorees were recipients of the same awards in 2012, which is clearly an indication of the ongoing commitment to excellence of these schools.”

The award criteria included commitment to community service, recruiting new members, promoting independent community pharmacy and advocating legislative action. 

In addition, 32 pharmacy students were honored as NCPA Outstanding Student Chapter Members of the Year after being nominated by their peers and faculty at each of their respective schools. All of the chapter awards are sponsored by the McKesson Foundation.

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Fewer than one-quarter of Medicare beneficiaries compared drug costs in 2013, missing $600 in savings

BY Alaric DeArment

MOUNTAIN VIEW, Calif. — More than three-quarters of Medicare beneficiaries don’t compare drug prices when shopping for their health plans, according to a new study.

The study, conducted by eHealth, found that 78% of respondents don’t compare prices, but that the average beneficiary could have saved more than $600 this year on out-of-pocket prescription drug costs if he had. The study was based on an analysis of more than 450,000 unique visitor sessions during Medicare’s 2013 Annual Enrollment Period.

Overall, during the enrollment period only 22% of shoppers entered the names and dosages of prescription drugs they were taking while comparison shopping for Medicare Advantage Drug Plans or standalone Medicare Prescription Drug Plans. According to a survey by the Department of Health and Human Services, 90% of Americans older than 65 had at least one prescription drug expense in 2010.

 

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