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Articles by Chloe Bakst
How 4 health systems are slashing costs with centralized pharmacies
University of Virginia Health (UVA Health)is building a 40,000-square-foot pharmacy central services center in Charlottesville to house inventory, supply management, and prescription fulfillment for 10 ambulatory pharmacies, including a specialty and home delivery pharmacy. The facility will use robotics and a conveyor system to triple UVA Health's fulfillment capacity and include an AI-powered central call center to reduce wait times.
340B reimbursement cuts may be looming: What you need to know
For the last few years, we’ve been telling health system executives that Medicare drug reimbursement for 340B hospitals won't change unless CMS conducts a survey of hospital acquisition costs. On Tuesday, President Donald Trump signed an executive order instructing CMS to conduct this survey. For context, CMS cut Medicare drug reimbursement rates for 340B hospitals by 28.5% in 2018. But a unanimous Supreme Court decision in 2022 found these cuts to be illegal.
Shortages, competition, and predictions: Our take on GLP-1s right now
By Chloe Bakst and Rachael Peroutky The shortage of obesity drugs has created a pressing challenge within the healthcare industry, affecting patients, providers, pharmacies, and payers alike. Healthcare leaders must understand the implications of this extended shortage and take proactive steps to mitigate its impact. Here's our take on how an extended shortage could impact stakeholders, what healthcare leaders can do to respond, and how long the shortage will last.
Blue Shield of California is ditching its PBM. Here's our take.
By Solomon Banjo and Chloe Bakst BSC's shift away from a traditional PBM suggests that yesterday's PBM disruptors are today's competitors. It also demonstrates that the largest PBMs are vulnerable in ways that they previously weren't. Here are our three biggest takeaways from BSC's new pharmacy care model: 1.
Uber Health's latest offering: Same-day prescription deliveries
Uber Health last week announced that users, including providers and health plans, can now request same-day prescription delivery through the same program they use to coordinate transportation for patients.
Why 'cash' pharmacies are booming—and what it means for health care
As prescription drug prices continue to rise, more "cash" pharmacies, which sell generic medications outside of insurance, are opening around the United States—saving some customers hundreds of dollars on their prescriptions, Adiel Kaplan, Kenzi Abou-Sabe, and Vicky Nguyen report for NBC News.
Supreme Court sides with hospitals in ruling 340B cuts 'unlawful'
The Supreme Court on Wednesday unanimously ruled that reimbursement rate cuts under the 340B drug discount program were "unlawful"—marking what stakeholders describe as a "decisive victory for vulnerable communities and the hospitals on which so many patients depend." But Advisory Board researchers Chloe Bakst, Lindsey Paul, and Gina Lohr remain concerned about the future of the 340B program for two key reasons.
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