Lessons From Omnicare Antitrust Litigation

Law360, New York (April 6, 2012, 1:37 PM EDT) -- Long-term care pharmacies (“LTC pharmacies”) are specialized pharmacies that package and deliver prescription medications primarily to skilled nursing facilities (“SNFs”). They do not cater to retail consumers. The medications given to many patients at SNFs are subsidized by Medicare Part D Plans. These patients’ bills are reimbursed by Part D sponsors who negotiate prescription contracts directly with LTC Pharmacies.

The Centers for Medicare and Medicaid Services require that Part D sponsors provide “convenient access” to LTC pharmacies for their beneficiaries residing in SNFs. SNFs contract exclusively...
To view the full article, register now.