Effective June 14th, Express Scripts has ended its Medicare “bonus pool” fee collection. This is a significant win for pharmacies, and here’s what it means for you:
What’s Changing:
- No More Bonus Pool Fees: Starting June 14, 2024, pharmacies will no longer have to pay bonus pool fees on any claims.
- Full Reimbursement: Pharmacies will receive full reimbursement for any bonus pool fees collected on claims dated between January 1 and June 13, 2024.
This positive change is a direct result of the relentless efforts of the National Community Pharmacists Association (NCPA) and the strong advocacy from independent pharmacies across the nation. It’s a testament to the power of collective action and the importance of raising our voices to drive impactful reforms in the healthcare industry.
Ending the Medicare “bonus pool” fee collection means less financial stress for pharmacies and fairer compensation for the incredible services you provide. Now, you can reinvest those savings into better patient care and other improvements.
A Big Thank You to the NCPA and Independent Pharmacies
We can’t say thank you enough to the NCPA and all the independent pharmacies that pushed for this change. Your hard work and dedication have paid off, showing that our collective voices can truly make a difference.
PrimeRx Reporting
In addition to this great news, we want to highlight the robust report-generation capabilities of PrimeRx. These features provide pharmacists with complete visibility into all aspects of the pharmacy. With PrimeRx reports, managers and owners can easily identify areas of operation that are performing well and pinpoint opportunities for improvement. This level of insight is crucial for maintaining efficiency and continuing to provide top-notch service to your patients.
Let’s keep supporting each other and celebrating these wins together. Your advocacy and hard work are making the future of healthcare brighter for everyone.
Stay tuned for more good news, and let’s enjoy this victory together!