Guaranteed Returns, its Owner, and two Employees Charged in Multi-Million-Dollar Fraud Scheme

Although this returns company is not on our approved vendor list, PFOA feels it is important news to pass along if your store is using this company.

 

According to an article published by The U.S. Attorney’s office, Devos Ltd., doing business as Guaranteed Returns (“Guaranteed Returns”), in Holbrook, NY, its Chief Executive Officer, Dean Volkes, and two others were charged by indictment in a multi-million dollar scheme to defraud customers, including the government.

 

The indictment alleges that more than $116 million worth of drug products had been returned for refund and more than $14 million of those drugs belonged to federal government agencies, including the Department of Defense and the Veterans Administration. Other victims include numerous hospitals, pharmacies, and long-term care facilities.

 

To read the full story, click on the link http://www.fbi.gov/philadelphia/press-releases/2014/government-contractor-its-owner-and-two-employees-charged-in-multi-million-dollar-fraud-scheme

 

 
NCPA Requests Pharmacists’ Assistance

We have recently received communication from Michael Rule, Associate Director, Public Affairs and Grassroots Advocacy at NCPA. He is requesting input from our pharmacists regarding price increases on generic medications.


Senator Bernie Sanders (I-VT) and Representative Elijah Cummings (D-MD) are leading a bicameral investigation into price spikes for generic medications to determine the cause of these dramatic price increases and the effect they have on patients. They have requested NCPA assistance in gathering examples from patients and pharmacists in how these price increases have impacted patient care, such as are these price increases forcing patients into the Medicare donut hole sooner or are they forcing patients to forgo their medication altogether. 

Please call or email Michael Tomberlin at 571-882-3308 and  This e-mail address is being protected from spambots. You need JavaScript enabled to view it if you have examples you would like to share. 

Thank you. 

 
November is National Diabetes Awareness Month – Are You Prepared?

Posted Nov. 3, 2014

Here are some suggestions for what you can do to promote diabetes awareness in your pharmacy:

  • Place diabetic supplies in a prominent display for the diabetics who do business in your store.
  • Host a free glucose screening day and encourage potential diabetic patients to make appointments with their doctor.
  • Use signage to provide education on the symptoms of undiagnosed diabetes as well as preventing diabetes through a healthy lifestyle.

More information and educational materials are available on the National Diabetes Education Program (NDEP) website, part of the U.S. Department of Health and Human Services:  http://ndep.nih.gov/ as well as the American Diabetes Association: http://www.diabetes.org/

 
The Importance of the Independent Pharmacy

Anda Distribution Logo 2012 JPG

Anda, a valued vendor partner of PFOA, has recently produced a video highlighting the importance of independent pharmacies and their commitment to serving them. Please take a few minutes to view the video at: AndaNet.com

 

 
Dave’s Corner

Posted Oct. 22, 2014

David Mayper Executive Director PFOAWelcome to the last quarter of 2014. We are committed to using the time to finish this year on a high note and begin planning for a successful 2015. September brought a swing through New York, New Jersey and Pennsylvania as I worked with Ann Benyo in her territory. I had the opportunity to meet with a good number of existing members and potential members in the area. I received great feedback from our members. I traveled to St Louis at the end of the month allowing me to set up some meetings with key vendors, some of our staff, Rod McCann our PBM consultant and board members. It also gave me an opportunity to discuss a Health insurance opportunity some of our members may consider.

 

On October 1, Don Schreiber, Larry McIntosh and I traveled to Chicago to participate in our PBM’s board meeting where we listened to opportunities being pursued. Management laid out for us the beginnings of Choice Rx Solutions business plan for 2015. An additional nvestment has been voted on and approved for each of the participating principals. Choice RX Solutions personnel reported on their participation in the SIA annual meeting where they received strong exposure and some good leads. They also announced that they signed a group of 700 lives for prescription services beginning Jan 1, 2015. Radio and video spots have been developed and are running. They will  be made available to members and staff for appropriate use.

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