DSN - Show Daily 08-26-19

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DRUG STORE NEWS

NACDS Total Store Expo | Monday, August 26, 2019

NACDS Leaders Talk DIR Fees, Opioid Abuse

INSIDE Mack Elevation Forum...... 8 PAC Award Winners ....... 10 Meet the Market .............. 12 Show Floor ....................... 16 Nightlife ............................ 28 Growing Together: Beauty Data Dive .......................... 32

Chris Lane, NACDS chairman and executive vice president of Wakefern Food/Shop Rite, spoke to NACDS Total Store Expo attendees about how DIR fee reform is a driving focus for the organization’s chain membership.

D

irect and indirect remuneration, or DIR, fees and advancing pharmacy’s role as part of opioid abuse prevention are complex and critical issues that the National Association of Drug Store Chains is committed to. So said NACDS president and CEO Steve Anderson, speaking at Sunday’s Business Program at NACDS

Total Store Expo. “DIR is absolutely dire,” Anderson said. “For those not familiar with DIR, let’s put it this way: DIR fees are phantom fees. They result from a loophole in a regulation. They are inflating patients’ drug costs. And they are squeezing pharmacies out of business. We are bringing everything we have to this fight. We have to.”

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