CPhT CONNECT™ Magazine - Volume 5 Issue 2

DEPARTMENTS | COMMUNITY-RX

from opioid-related lawsuits as con- tributing factors to the collapse. This move not only affects thou - sands of pharmacy employees but also underscores the volatile state of the retail pharmacy industry—espe- cially for national chains struggling to adapt to post-pandemic consumer trends and reimbursement chal- lenges. For pharmacy technicians and support staff, it raises serious questions about job security and the need for strategic career planning. Independent pharmacies may see an influx of patients as Rite Aid locations close, but also face pres- sure to scale and meet demand. While some see this as a cautionary tale, others believe it marks a turn- ing point in the decentralization of pharmacy care. technicians, the case is a reminder of the critical role they play in safe- guarding patient health and ensur- ing proper documentation and red flag reporting procedures are fol- lowed. This high-profile legal action is expected to have a ripple effect across the industry, especially in how pharmacy chains manage con- trolled substances and regulatory training. Expect intensified scrutiny and audits across both chain and independent sectors.

ARKANSAS BANS PBMS FROM OWNING PHARMACIES IN BOLD MOVE FOR INDEPENDENCE In a landmark legislative move, Arkansas has officially banned phar - macy benefit managers (PBMs) from owning or operating pharmacies within the state. The new law, signed in April, aims to eliminate the conflicts of inter- est that arise when PBMs—middlemen that negotiate drug prices—also control pharmacy operations and reimburse- ments. This decision is a direct response to years of advocacy by independent pharmacists who say PBM ownership distorts the marketplace, often to the detriment of small businesses. Major PBMs like CVS Health have warned that the law could force them to close dozens of retail locations, but Arkansas lawmakers insist the measure is about protecting patients’ access to commu- nity-based care. Pharmacy technicians working in independent settings may experience a renewed sense of job secu- rity as policy shifts in their favor. The ruling is being closely watched by other states considering similar reforms, and could serve as a blueprint for broader PBM regulation nationwide. Ultimately, this could level the playing field for inde- pendent pharmacies battling systemic reimbursement disadvantages. and less operational chaos caused by con- stant financial uncertainty. Advocates see this as a long-overdue correction to a system that has disproportionately benefited large PBMs at the expense of community pharmacies. If successful, Alabama’s approach may inspire similar efforts in other states.

RITE AID FILES FOR SECOND BANKRUPTCY—WILL EXIT RETAIL PHARMACY MARKET In a dramatic shakeup of the retail phar- macy landscape, Rite Aid has filed for Chapter 11 bankruptcy for the second time, signaling the company's intent to exit the retail pharmacy business entirely. With more than 1,200 stores still in operation across the U.S., Rite Aid is now pursuing plans to sell or shut- ter all remaining locations in the coming months. Industry analysts cite years of financial losses, high debt, and fallout

WALGREENS TO PAY $350 MILLION IN OPIOID SETTLEMENT WITH DOJ

ALABAMA PASSES PBM REIMBURSEMENT LAW TO PROTECT INDEPENDENT PHARMACIES Walgreens has agreed to a $350 million settlement with the U.S. Department of Justice following accusations that the company filled hundreds of thousands of unlawful opioid prescriptions. The set- tlement addresses claims that Walgreens failed to uphold proper oversight and dispensing protocols between 2006 and 2019, contributing to the nation’s opioid crisis. As one of the largest pharmacy chains in the country, this agreement sends a strong message about corpo- rate accountability and the importance of strict regulatory compliance. While Walgreens has not admitted wrongdo- ing, it has committed to strengthen- ing its internal controls and training practices going forward. For pharmacy Alabama has taken a bold stand in the fight for fair reimbursement, passing leg- islation that requires pharmacy benefit managers (PBMs) to reimburse indepen- dent pharmacies at rates no lower than those paid by Medicaid. This change is a major win for small and rural phar- macies that have struggled to remain

solvent amid declining PBM payments and arbitrary reimbursement clawbacks. By mandating minimum reimbursement thresholds, lawmakers hope to preserve local access to pharmacy care—especially in underserved areas where independent pharmacies are often the only providers. The law could also reduce pharmacy closures and layoffs, which have plagued the state in recent years. For pharmacy technicians, this legislative victory may translate into more stable employment

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