Pharmacies are now a mainstay in the supermarket industry, with FMI member companies operating more than 22,000 retail pharmacies nationwide.
FMI works to promote the value and role of community retail pharmacy in the health care system, ensure that legislators and policy-makers understand the retail pharmacy perspective, and assure that rules and guidelines made by federal and state agencies work in the best possible way to advance community retail pharmacy.
FMI provides online education, training programs and courses for store-level and management associates for preview and purchase. Classes include Introducing Lifestyle Modifications to Pharmacy Patients; Nutritional Needs and the Healthful Diet; and Recommendations for Common Wellness Concerns. These offerings are cost-effective and can be conveniently used at any time. Learn More
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“The supermarket industry ranks among the most competitive in our economy. Consumers and pharmacy patients have benefitted from this robust competition in the form of low prices and high levels of service.
“Our members dispense over 30 percent of our nation’s drugs and play a vital role by offering the lowest cost drug options to millions of consumers.
“The ESI-Medco merger will destroy competition by creating a behemoth with the power to unilaterally slash reimbursement rates to uncompetitive levels. A merger of these two giants would lead to the demise of the reduced price and free generic drug programs that millions of Americans depend on, and reduce access to other key pharmacy services. The FTC should bring an enforcement action to enjoin the merger.”
FMI’s letter to the FTC can be accessed here.
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