TITLE

Medicare report fuels drive for fast payment

AUTHOR(S)
Frederick, Jim
PUB. DATE
September 2007
SOURCE
Drug Store News;9/24/2007, Vol. 29 Issue 12, p47
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the findings of a study conducted by the University of Texas which shows the delay of the Medicare Part D prescription payments by pharmacists in the U.S. Kristin Richards, research associate, noted that majority of the pharmacy claims take more than 30 days to be paid from the time they were submitted. It is evident that the low reimbursements caused problems including the losses in gross margin and the goal of the program fails.
ACCESSION #
27005021

 

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