Category:
Business
Region:
International
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PHARMACY CRIES FOUL AS ELECTRONIC DATA SYSTEMS DETAILS ITS THREE MONTH MEDI-CAL BACK PAYMENT TIMELINE FOR PHARMACY MEDI-CAL PROVIDERS
Source: MarketWatch
Date: 16-Jul-2008
The California Pharmacists Association cries foul against Electronic Data Systems' (EDS) re-payment timeline for Medi-Cal pharmacy providers. Last Friday, pharmacy providers were notified that a three-judge panel of the Ninth Circuit Court of Appeals acted to halt the ten percent payment cuts for prescription drugs dispensed under the Medi-Cal Program. While this was a victory for pharmacy and the patients they serve, EDS, which processes Medi-Cal claims, sent out a memo on Tuesday, July 15, 2008, which was then posted on the Department of Health Care Services (DHCS) web site, detailing their plan to handle the Medi-Cal repayment process to make pharmacy whole on transactions that took place from July 11, 2008 and beyond.
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Category:
Business
Region:
International
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MYLAN TAKES GENERIC AIM AT TEVA
Source: Motley Fool
Date: 11-Jun-2008
Author: Brian Orelli
Teva Pharmaceutical (Nasdaq: TEVA) is getting a taste of its own medicine. The generic-drug maker, which also makes branded drugs, including multiple sclerosis drug Copaxone, has some generic competition headed its way.
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