A recent article by Joseph Walker in the Saturday/Sunday, Feb. 4-5, 2017, issue of The Wall Street Journal, sheds light on the marketing of opioids, the payment of kickbacks, and the high profits that can be made via their sale through physician owned pharmacies. A review of the related indictment reveals even more. The context […]
Tag: drug
If the future of surgery is medicine, then the future of medicines is compounding, the individualization of dosages and drug combinations.
Compounding pharmaceuticals, specific drugs for specific patients, offers tremendous benefit. The problems arise when the benefit is for the prescribing physician. Then, we’re dealing with analyses under the federal Anti-Kickback Statute (AKS), the Stark Law, and their state law counterparts.
This past week, the U.S. Department of Justice announced the arrest of ten additional defendants – doctors, pharmacy owners, and marketers – charged in connection with an alleged $100 million compounded pain and scar cream scam on TriCare. The ten join two other defendants charged in the same scheme earlier this year. The government alleges […]
A physician has been indicted for his role in a compound pharmacy prescription scam that included disguised kickbacks. Lots of lessons here.
If the future of surgery is medicine, then the future of medicines is compounding, the individualization of dosages and drug combinations. Earlier this month, the FDA approved the first 3-D printed drug product, Spritam, developed by Aprecia Pharmaceuticals. The layering process of 3-D printing allows Apecia to tightly package active ingredients in precise dosages. A […]
The large pharmacy chains are opening walk-in clinics in their stores, staffed with nurse practitioners and physician assistants. The huge number of independent pharmacies can follow the same route. For most physicians this means more competition. But for enterprising physicians and independent pharmacists, the opportunity to do deals abounds.
Walgreens. On my last count, there were 400 Walgreens Healthcare Clinics located in their stores. And, they’ve recently announced an expansion of their telehealth platform.
Go ahead, I encourage you, think entrepreneurially. But please be smart about it.