Pharmacies

How Independent Pharmacies Can Use Medicare Star Ratings to Improve Their Businesses

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The Growth and Prominence of Medicare Part D

September 15, 2014

Today's healthcare system is experiencing a paradigm shift that rewards patient service at lower costs as well as care coordination and improved quality. To remain successful, pharmacists must embrace the changes happening in healthcare and adopt key operating practices that focus on managing patient care.

CMS has implemented Star Ratings to benchmark and reward health plans based on quality of care. The resulting incentives and penalties has lead health plans to seek ways to increase their Star Ratings, including scrutinizing their own partners, such as pharmacies, for how they will contribute to more favorable ratings.

Click here to learn more about Star Rating and why they are critical to independent pharmacies as well as the resulting challenges and areas of opportunity. 

 

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