Walgreens: no new Medicaid patients as of April 16

"Walgreens: no new Medicaid patients as of April 16

Effective April 16, Walgreens drugstores across the state won’t take any new Medicaid patients, saying that filling their prescriptions is a money-losing proposition — the latest development in an ongoing dispute over Medicaid reimbursement.

The company, which operates 121 stores in the state, will continue filling Medicaid prescriptions for current patients."…

Entire article here: seattletimes.nwsource.com/html/localnews/2011367936_walgreens18m.html

[quote=article]Washington was reimbursing pharmacies 86 percent of a drug’s average wholesale price until July, when it began paying them just 84 percent. While pharmacies weren’t happy about the reimbursement reduction, the Department of Social and Health Services said that move was expected to save the state about $10 million.
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Medicaid, in many states, expects the medical provider to be a donor to charity. In some states, the reimbursements to doctors is so low that it costs the docs money just to see Medicaid patient for a routine physical.

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