Kaiser Shrugs Off CVS Decision To Reject Prescription Cards.
Kaiser Permanente Kaiser Permanente is an integrated managed care organization, based in Oakland, California, founded in 1945 by industrialist Henry J. Kaiser and physician Sidney R. Garfield. said CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. Corp.'s refusal to accept its members' prescription cards will be only a "minor inconvenience."
The pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent. chose to exit the managed-care company's prescription plan because it felt Kaiser's reimbursements were too low.
The drug chain rejected contract offers set forth by Kaiser's new pharmacy-benefits manager, MedImpact Healthcare Systems, said Susan Whyte Simon, a spokeswoman for Kaiser's Mid-Atlantic division. MedImpact replaced the company's previous pharmacy-benefits manager, CVS-owned PharmaCare, she said.
CVS' decision affects about 8,000 Kaiser members in the Mid-Atlantic region, or about 2% of its total membership of 540,000 in Washington, D.C., Virginia and Maryland.
In addition, CVS followed up with a series of newspaper ads accusing Kaiser of having an unfair policy.
Beverly Hayon, a manager of national relations for Kaiser, said CVS' tactics followed "a trend among vendors of taking very aggressive and negative action when they are not able to negotiate a contract with a large entity"
CVS also stopped accepting Kaiser prescription cards in Kaiser's Northeast Ohio division, said Eileen Sheil, manager of media relations for Kaiser Ohio.
She said CVS used "very cheap tactics," including running newspaper ads and posting in-store signs urging Kaiser members to change their health plans. The decision affects about 600 members in Ohio, Shell said.
The displaced displaced
see displacement. members can buy prescription drugs prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, at about 1,900 other pharmacies, including Kmart, RiteAid, Target, Giant and Safeway. They also can go to one of Kaiser's 24 medical facilities or can refill refill noun A second allotment of a prescription agent obtained from a pharmacy, which is allowed by the original prescription verb Pharmacology To obtain more of a particular drug, after the initially prescribed amount of the agent has been used or prescriptions through Kaiser's mail-order system.