Walgreens: no new Medicaid patients as of April 16Walgreens will stop taking new Medicaid patients in Washington state as of April 16, saying it loses money filling their prescriptions.Seattle Times Newspaper Mar. 18, 2010 |
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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. In a news release, Walgreens said its decision to not take new Medicaid patients stemmed from a "continued reduction in reimbursement" under the state's Medicaid program, which reimburses it at less than the break-even point for 95 percent of brand-name medications dispensed to Medicaid patents. Continued |