from texas insider...
"Texas pharmacy groups today warned that Texas’ planned move to managed care for pharmacy services on March 1st of 2012 will have a devastating impact on the state’s community pharmacies and on the poor they serve. This warning comes as the Texas House of Representatives committee on Public Health is scheduled to meet today to discuss managed care.
The Perryman Group estimates that reductions of this magnitude would threaten 1,300 pharmacies statewide “with insufficient profits to remain financially viable.” The firm further estimates that $1.35 reimbursements would lead to the loss of nearly 36,000 pharmacy jobs and more than 72,800 jobs overall, and an annual loss in state revenue of about $2 billion."
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