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Article: To be or not to be (a retail pharmacy): if you choose not to become a participating retail pharmacy under Medicare Part D, you may find it more difficult to get paid for Part D-covered drugs. There's the rub.(analysis of medicare part D)
- Article from:
- Healthcare Financial Management
- Article date:
- March 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 Healthcare Financial Management Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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On Jan. 1, part of your world changed. Medicare Part D got started, and as recent news reports suggest, confusion has abounded. And the possibilities for confusion are not restricted to Medicare beneficiaries who are attempting to understand their options and coverage available through prescription drug plans. There's a possibility for confusion among hospitals, too, because the legislation and regulations were written with retail commercial pharmacies in mind, not hospitals.
From the time the Part D benefit was enacted into law, the question for hospitals has been, "How should we prepare for it?" And therein lies the chance for confusion.
Deciding what ...