Community Pharmacies and PBMs: A Call for Immediate Reform
Wednesday, 23 October 2024, 05:28
Understanding the Impact of PBMs on Community Pharmacies
Community pharmacies are vital to healthcare, especially in rural areas. However, with the rise of pharmacy benefit managers (PBMs), many community pharmacies have found it increasingly difficult to survive.
Recent Closures Illustrate Breaking Point
- The closure of Pharmacy First after years of service in Huntsville exemplifies the perilous situation.
- Forestdale Pharmacy, located in central Alabama, is another significant loss due to unfavorable PBM practices.
Reform Is Essential for Survival
To preserve community pharmacies, reforming the practices of PBMs is essential. Stakeholders in the healthcare system must come together to address these urgent concerns.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.