RedSail Blog

News & Policy

5 Key Tips to Get Your Pharmacy Ready for DSCSA Implementation
Published On:
August 27, 2024
The Drug Supply Chain Security Act (DSCSA) is nearing its final phase, and with the update from the FDA regarding small business exemptions, many pharmacies may be wondering what this means for them. The FDA’s letter grants small dispensers with fewer than 25 full-time pharmacists and pharmacy technicians a delayed deadline until November 27, 2026, for specific compliance measures. However, most of the requirements are still on track for the November 27, 2024, deadline.
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Increased Reimbursement Rates in North Carolina: What It Might Mean for Your Community Pharmacy
Published On:
August 13, 2024
For independent pharmacies across the country, 2024 has been a financially turbulent year. From the “DIR apocalypse” of Q1 to changes in reimbursements from many payors in the first months of the year, managing your pharmacy’s financials may be more difficult than ever.
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FDA Announces New DSCSA Exemption: What You Need to Know
Published On:
June 18, 2024
On Wednesday, the Food and Drug Administration (FDA) announced that it will issue exemptions from certain DSCSA requirements to smaller independent pharmacies until November 27, 2026. This announcement comes off the heels of the FDA’s previous announcement of a one-year stabilization period (which is set to end on November 27, 2024).
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Buy Now, Pay Later: CMS Medicare Prescription Payment Plan (M3P)
Published On:
June 11, 2024
It’s the first of the year and you haven’t paid down your new deductible and, obviously, are not yet in the donut hole for your Medicare Part D prescription drug plan. Your first prescription has a whopping big cost-sharing requirement that will quickly clear out your bank account. So, what do you do?
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Campaign Finance for LTC Pharmacy
Published On:
May 14, 2024
As a leader in your industry and community, you will eventually receive requests to support political candidates running for state and federal office. Perhaps you have already been asked to make a contribution to a candidate. Supporting candidates who understand our industry is good citizenship and allows us all to help well-qualified candidates get elected. Just be sure you know what you can and cannot do.
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Are We Ready for COVID in 2024?
Published On:
February 6, 2024
The U.S. Public Health Emergency (PHE) that was first declared in January of 2020 ended in 2023. The three years between the beginning and end of the PHE was transformative for the nation and nearly catastrophic for the long-term care industry.
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Looking Ahead in 2024 for LTC Pharmacy
Published On:
December 12, 2023
As we dive into 2024, the landscape for long-term care (LTC) pharmacy continues to evolve, presenting both challenges and opportunities. Let’s preview the latest developments and potential impacts on LTC pharmacy in the coming year.
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5 Trends That Will Change Independent Pharmacy
Published On:
December 5, 2023
The key to an independent pharmacy’s success is its ability to adapt to an ever-changing status quo. In this industry, today’s latest and greatest trend quickly becomes yesterday’s news. Ranging from prescription kiosks to VR headsets, here are the five trends that can (and already are) shaping today’s independent pharmacy industry.
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