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Posted on 03.18.10 by Steve Trinward
“Effective April 16, Walgreens drugstores across the state won’t take any new Medicaid patients, saying that filling their prescriptions is a money-losing proposition — the latest development in an ongoing dispute over Medicaid reimbursement. The company, which operates 121 stores in the state, will continue filling Medicaid prescriptions for current patients. In a news release, Walgreens said its decision to not take new Medicaid patients stemmed from a ‘continued reduction in reimbursement’ under the state’s Medicaid program, which reimburses it at less than the break-even point for 95 percent of brand-name medications dispensed to Medicaid patents.” (03/18/10) Link: http://seattletimes.nwsource.com/html/localnews/2011367936_walgreens18m.html Filed under: CANDi News and PND News and RRND News | Report Bad Link Bookmark this post in Furl or Del.icio.us | |






