Stars, stripes and scripts: Innovations and challenges in US pharmacy

Pharmacy practice in the United States has evolved, transitioning from simple dispensing to complex compounding and medication management. Pharmacists play important roles across many sectors, including clinical care, pharmaceutical industry, insurance companies, and public health. Pharmacists optim...

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Main Author: Roshan Tasgaonkar
Format: Article
Language:English
Published: Elsevier 2024-12-01
Series:Future Healthcare Journal
Online Access:http://www.sciencedirect.com/science/article/pii/S2514664524015911
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author Roshan Tasgaonkar
author_facet Roshan Tasgaonkar
author_sort Roshan Tasgaonkar
collection DOAJ
description Pharmacy practice in the United States has evolved, transitioning from simple dispensing to complex compounding and medication management. Pharmacists play important roles across many sectors, including clinical care, pharmaceutical industry, insurance companies, and public health. Pharmacists optimize therapy, improve patient outcomes, and reduce healthcare costs. However, the profession faces challenges such as burnout, understaffing and declining insurance reimbursements, particularly in independent pharmacies. Pharmacy Benefit Managers (PBMs) have exacerbated these issues, controlling drug prices and reducing pharmacy profitability through opaque pricing and monopolistic practices. Recent legislative efforts in states like New York have aimed to curb PBM influence, however issues persist, and nationwide legislation is lacking. The future of pharmacy depends on addressing these challenges through unified lobbying and proactive reform. Despite these hurdles, scope of practice and innovation within the field continues to grow, offering hope for a revitalized pharmacy landscape.
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spelling doaj-art-d9f7cc3b67154a148b7003f8a8895a4a2024-12-14T06:31:52ZengElsevierFuture Healthcare Journal2514-66452024-12-01114100201Stars, stripes and scripts: Innovations and challenges in US pharmacyRoshan Tasgaonkar0OMS-IV at the West Virginia School of Osteopathic Medicine (WVSOM), 400 Lee St, Lewisburg, WV 24901, USAPharmacy practice in the United States has evolved, transitioning from simple dispensing to complex compounding and medication management. Pharmacists play important roles across many sectors, including clinical care, pharmaceutical industry, insurance companies, and public health. Pharmacists optimize therapy, improve patient outcomes, and reduce healthcare costs. However, the profession faces challenges such as burnout, understaffing and declining insurance reimbursements, particularly in independent pharmacies. Pharmacy Benefit Managers (PBMs) have exacerbated these issues, controlling drug prices and reducing pharmacy profitability through opaque pricing and monopolistic practices. Recent legislative efforts in states like New York have aimed to curb PBM influence, however issues persist, and nationwide legislation is lacking. The future of pharmacy depends on addressing these challenges through unified lobbying and proactive reform. Despite these hurdles, scope of practice and innovation within the field continues to grow, offering hope for a revitalized pharmacy landscape.http://www.sciencedirect.com/science/article/pii/S2514664524015911
spellingShingle Roshan Tasgaonkar
Stars, stripes and scripts: Innovations and challenges in US pharmacy
Future Healthcare Journal
title Stars, stripes and scripts: Innovations and challenges in US pharmacy
title_full Stars, stripes and scripts: Innovations and challenges in US pharmacy
title_fullStr Stars, stripes and scripts: Innovations and challenges in US pharmacy
title_full_unstemmed Stars, stripes and scripts: Innovations and challenges in US pharmacy
title_short Stars, stripes and scripts: Innovations and challenges in US pharmacy
title_sort stars stripes and scripts innovations and challenges in us pharmacy
url http://www.sciencedirect.com/science/article/pii/S2514664524015911
work_keys_str_mv AT roshantasgaonkar starsstripesandscriptsinnovationsandchallengesinuspharmacy