by Five Rivers Rx | Sep 19, 2018 | Optum Rx, VAWD
In recent months, the reversals on policy regarding awarding extensions to the highly controversial PBM requirement has caused a lot of confusion. August 2016 through March 2018: Unrestricted Extensions POLICY 1: With a previous application to VAWD, a company will...
by Five Rivers Rx | Aug 16, 2018 | Five Rivers, Optum Rx, VAWD
1. Are there states other than NY that have legislation that makes it difficult for Optum to enforce VAWD requirement? At this time, we have only verified that New York State has a bill in place to limit the control a PBM has over reimbursements in regards to the...
by Five Rivers Rx | Jul 29, 2018 | Optum Rx, VAWD
OptumRx first announced in August 2016 that their network pharmacy must purchase from distributors that are VAWD-Accredited. Reasonably, OptumRx also awarded extensions to companies who could prove they were actively working on achieving VAWD-Accreditation. However,...
by Five Rivers Rx | Sep 27, 2017 | Optum Rx, VAWD
Last month OptumRX demonstrated their continued commitment to their VAWD requirement in a letter delivered to pharmacies. So what has happened over this past year? A Look Back 1. August 11, 2016: OptumRX announces VAWD Requirement. 2. August 11, 2016 to September 30,...
by Five Rivers Rx | May 21, 2017 | Optum Rx, VAWD
Starting March 21 at 11:30 AM, OptumRX began sending the third wave of extension documentation. In a sudden reversal, we can only expect the OptumRX once again has reaffirmed their commitment to their VAWD requirement. They enforced their VAWD requirement for the...
by Five Rivers Rx | May 15, 2017 | Optum Rx, VAWD
Last week OptumRX released a mandatory survey to a portion of their Network Pharmacy Providers “as part of their ongoing credentialing requirements.” The survey requires Network Pharmacy Providers to provide all sources of the medication and products they dispense,...
