Tag: Compounding Pharmacy
Empower Pharmacy recognized
June 24, 2024HME News Staff
HOUSTON – Empower Pharmacy has been named a finalist in the Best Family-Owned Business Awards organized by the Houston Business Journal. This recognition underscores Empower Pharmacy's commitment to excellence, innovation and community investment within the Houston business landscape, the company says. "We are honored to be recognized as a finalist in the Best Family-Owned Business Awards," said Shaun Noorian, CEO of Empower Pharmacy. "This acknowledgment reflects our dedication...
Tricare to stop recoupments on compounded meds
October 22, 2020HME News Staff
ALEXANDRIA, Va. - TriCare/Express Scripts will no longer seek to recoup prescriptions from compounding pharmacies from 2015 that it says were fraudulent because there was no physician/patient relationship indicated. The amounts to be recouped ranged from less than $100 to more than $200,000. “ESI was basically saying that the only way the pharmacies could exonerate themselves was by producing documentation that the prescribing physician actually had seen the patient,” said Scott Brunner,...
Cooley Medical settles allegations
October 24, 2018HME News Staff
LEXINGTON, Ky. - Cooley Medical Equipment has agreed to pay more than $5.2 million to settle allegations that it violated the False Claims Act by misrepresenting the ingredients it used in certain compounded medical creams. The Prestonburg, Ky.-based provider previously operated a pharmacy that made compounded creams and billed government insurers like Medicare, Kentucky Medicaid, Department of Veterans Affairs and Veterans Health Administration for them. Instead of obtaining the required prior authorizations...
BOC launches new accreditation
October 5, 2017HME News Staff
OWINGS MILLS, Md. - The Board of Certification/Accreditation (BOC) is accepting applications for a new compounding accreditation for pharmacies. The new accreditation will focus on non-sterile compounding and is only available in conjunction with BOC retail or retail+ DMEPOS accreditation. “The new Compounding Accreditation program will give pharmacies the opportunity to offer their patients, referral sources and the third-party payer the assurance of safe business practices,” said Wendy...
Bill seeks to clarify compounding provisions
June 15, 2017HME News Staff
ALEXANDRIA, Va. - Reps. Morgan Griffith, R-Va., and Henry Cuellar, D-Texas, have introduced a bill in the House of Representatives that would clarify congressional intent on several compounding provisions included in the Drug Quality and Security Act of 2013. Since the passage of DQSA, there has been a lack of understanding as to where federal regulatory oversight of traditional compounding pharmacies begins and ends, according to the National Home Infusion Association. Specifically, there are questions...