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PSSNY Company Profile

10:44 EDT 22nd June 2018 | BioPortfolio

PSSNY was again successful in pushing back devastating reimbursement cuts (AWP-15%) to three (3) major prescription drug programs in New York State. Although pharmacies suffered a decrease in reimbursement, it was limited to ¾% for brands taking reimbursement down to AWP-12 ¾% brands and from AWP-12% to AWP-16.5% for non-FUL generics. PSSNY was also successful in convincing the Governor's Office during the summer and fall of 2004 not to include any reimbursement cuts in his 2005 Executive Budget.Medicaid Regulatory Relief: With the passage of "serialized Rx forms" in the 2004-05 Budget (PSSNY Opposed), we were able to ask for and receive significant regulatory relief as it relates to Medicaid. Phoned-in prescriptions with refills (except controlled substances) or OTC's no longer need a cover from the physician. We had e-prescribing passed in the budget for Medicaid & EPIC (Elderly Rx Drug) programs. The serialized forms can be scanned for serial number input into pharmacy systems. Budget estimated a $100 million savings to Medicaid annually

Location

210 Washington Avenue Extension Suite 101
Albany
New York
12203
United States of America

Contact

Phone: 800.632.8822
Fax: 518.464.0618
Email: staff@pssny.org


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Companies [1 Associated Companies listed on BioPortfolio]

PSSNY

PSSNY was again successful in pushing back devastating reimbursement cuts (AWP-15%) to three (3) major prescription drug programs in New York State. Although pharmacies suffered a decrease in reimburs...

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Prescription Drugs
A prescription drug (also prescription medication or prescription medicine) is a licensed medicine that is regulated by legislation to require a medical prescription before it can be obtained. The term is used to distinguish it from over-the-counter drug...


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