Niches help independent pharmacies amid growing chain competition

“Independents that survive today find a niche,” said Nicholas M. Saraniti, chief executive
officer of Commcare Pharmacy, with locations in Fort Lauderdale, West Palm Beach and Miami.
Commcare specializes in prescription drugs. It doesn’t sell novelties or over-the-counter drugs. Its niche also includes dialysis, hepatitis and organ transplant management programs and other services for high-risk patients.
While business is up, profits remain the same. “We’re having to do more to make the same money,” Saraniti said.

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SENIORS MISLED BY DRUG CARDS

Many independent and specialty pharmacists contend they have lost business from seniors who thought they had to go to the stores listed on their membership cards.
“Absolutely, positively,” said Nicholas Saraniti, owner CommCare Pharmacy in Fort Lauderdale, which specializes in HIV/AIDS medicine. “I hear that time and time again.”

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Annual DSN roundtables draw record crowd

Specialty pharmacy provider panelists included Jeanne Ann Stasny of Walmart Specialty Pharmacy, Nick Calla of Walgreens Specialty Pharmacy, Tim Kaplan of Amber Pharmacy, Anthony Davino of Armada Healthcare, Sharon Ferrer of BioPlus Specialty Pharmacy, Robert Roose of Bioscrip, Nick Saraniti of Commcare Pharmacy, Albert Thigpen of CVS Caremark, Phil Hagerman of Diplomat Specialty Pharmacy, John Musil of The Apothecary Shops, Burt Zweigenhaft of OncoMed and Lee Merritt of MedfusionRx.

Read More Annual DSN roundtables draw record crowd

Specialty Pharmacy News Roundtable

NICK SARANITI, COMMCARE: I come from probably the worst- paying Medicaid state and … especially in that HIV space, on drugs like Selzentry or Fuzeon, we’ve seen the state put prior authorization and other hurdles in place across the Medicaid program mandating that genetic testing be conducted and the requirements of the PI be met.

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