The year is nearly done, and it’s been a busy one for the pharma world.
Healthcare Brew asked leaders from across the pharmacy industry to reflect on what trends defined 2024. They mentioned emerging obesity treatments, increased scrutiny on pharmacy benefit managers (PBMs), and changing consumer habits.
This interview has been lightly edited for length and clarity.
Rick Gates, SVP and chief pharmacy officer, Walgreens
There’s no doubt that 2024 was a pivotal year for pharmacy and the healthcare industry as a whole. I believe the unprecedented spotlight on reimbursement and how once-hidden practices of the largest PBMs (“the middlemen”) will start to lead to positive change. Americans are asking the right questions about who sets the cost of their medication and how it creates barriers for them to access the pharmacy of their choice, and I believe with some new, creative programs that we’ll be able to break away from the status quo. As a whole, we’re also seeing trends in how pharmacy services and medications can be delivered across channels. Whether in a store, drive-thru, delivery, or digitally, the consumer wants better access to health services when and where they need it.
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