PBMs Turn Up Pressure on PSAOs
Attacking the Last Line of Defense for Independent Pharmacy
Recent industry events and further consolidation of the PSAO industry has led to increased pressure on independent pharmacy and drug distributors.
What is a PSAO?
Past Coverage & Insight
18 months ago, H.D. Smith announced a partnership with American Associated Pharmacies (AAP) to combine their respective Pharmacy Service Administration Organizations (PSAO) under Arete Pharmacy Network, LLC.
12 months ago, Arete Pharmacy Network acquired RxPride, another PSAO, from Smart-Fill Management Group.”
Pharmacy First Litigation: Express Scripts Limit PSAO Vendors to Four
April 2018 Consolidation, McKesson & APCI
Ventura County Litigation
AreteRx & Health Mart Atlas – Anecdotal Evidence
“AreteRx cut me first, and now Health Mart Atlas. I keep getting cut for stupid reasoning. AreteRx said CVS/Caremark billings were too high, and because of that, we were a liability. We weren’t even under a CVS audit at the time. We came out of all CVS audits that came later just fine in any case.”
“Arete asked a pharmacy for a full list of their suppliers and when we didn’t comply, they terminated them.”
Next Steps for Independent Pharmacy
Based just outside of Philadelphia, Pharma Solutions provides actionable guidance and excellent administrative services with a focus on client care across Compliance, Commercial, and Quality solutions. Our mission is to improve the health and welfare of the American public by providing solutions and implementing best practices for companies in the pharmaceutical supply chain.