by Five Rivers Rx | May 1, 2017 | NABP, Optum Rx, VAWD
The NABP has clarified that a “Cancelled” application does not equate to a “Denied” application. With the clarification, OptumRX should not have any basis to deny extensions under their VAWD requirement. Because there is no “change in…status that would...
by Five Rivers Rx | Apr 11, 2017 | NABP, Optum Rx, VAWD
In a stunning reversal of their existing course of conduct, the NABP has canceled a VAWD Application citing “pharmacy purchases” for the first time ever. The NABP has historically attempted to guide applicants and bring them up to standard via Application...
by Five Rivers Rx | Mar 16, 2017 | Optum Rx, VAWD
In correspondence with Five Rivers RX, OptumRX stated that they will not allow any further extensions to both companies seeking an extension for the first time and companies looking for re-extension. Their full communication sent 8:29 AM EST on 3/16/17 read as...
by Five Rivers Rx | Feb 16, 2017 | Optum Rx, VAWD
A Florida pharmacy disclosed to the Five Rivers team on February 15, 2017 that OptumRX is now enforcing its sourcing policy. Although the requirement has been in place since October 1, 2016, it was questionable whether or not Optum would ever enforce the new policy....
by Five Rivers Rx | Feb 12, 2017 | Five Rivers, VAWD
Five Rivers is proud to announce that the first of 68 companies that have retained Five Rivers for VAWD services, has been awarded VAWD Accreditation. Five Rivers took over the process in October from another consulting firm. Working with ownership, senior management,...
by Five Rivers Rx | Nov 30, 2016 | Optum Rx, VAWD
This blog post focuses on the financials behind the VAWD Program. Five Rivers estimates that the VAWD Program has generated $5.79 million since July 2016. The windfall can largely be attributed to the recent OptumRX policy change which resulted in a tremendous...
