As Pharmacy Closures Mount, PBMs Tout Programs That Aid Independents
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Dec 12, 2024
Between 2010 and 2021, 29.4% of pharmacies nationwide closed, leaving people in rural and underserved communities with less access to care, according to a recent study in Health Affairs. Independent pharmacies are most at risk, with a 39.8% chance of closing vs. a 21.9% closure risk for chain pharmacies. Locations in rural, urban, low-income, Black and Latino neighborhoods are also at great risk.
While some stakeholders blame major PBMs for the pharmacies’ woes, those firms have recently been creating programs and increasing reimbursements to help shore up at-risk pharmacies.
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