Rite Aid Corporation (NYSE: RAD) applauded the enactment of the Substance Use-Disorder Prevention that Promotes Opioid Recovery and Treatment (SUPPORT) for Patients and Communities Act. A key provision of the new law aims to address the opioid epidemic by expanding eligibility for at-risk seniors to receive Medication Therapy Management (MTM) counseling services from pharmacists through Medicare Part D. Through MTM services, pharmacists help patients take their prescription drugs properly and follow a drug therapy regimen.
Executive Vice President of Pharmacy Jocelyn Konrad represented Rite Aid as an invited guest at the White House as President Trump signed the bill into law.
"We applaud President Trump for signing the 'SUPPORT for Patients and Communities Act' and taking action to help combat the opioid crisis," said Konrad. "This law will enable our pharmacists to play a larger role in these efforts by providing Medication Therapy Management (MTM) counseling services to at-risk seniors through Medicare Part D. This represents an important step in further empowering our pharmacists to provide additional care that can help lower overall healthcare costs and address critical public health issues."
"We also thank U.S. Representatives Mike Kelly, Cathy McMorris Rodgers, Mike Doyle and Mike Thompson as well as U.S. Senators Pat Roberts and Jeanne Shaheen for their leadership on this important issue," Konrad added.
Rite Aid also applauds U.S. Surgeon General Jerome Adams for his recent report Facing Addiction in America: The Surgeon General's Spotlight on Opioids to help educate Americans on opioid misuse and abuse.
As a company, Rite Aid has been working with local law enforcement, community groups and federal and state agencies to help address the opioid epidemic.
In addition to supporting the Centers for Disease Control and Prevention (CDC) guidelines for prescribing opioids, the company's comprehensive strategy includes:
12 months through the In-store Safe Medication Disposal program launched in June.
The company also conducts ongoing training with Rite Aid pharmacists; continues to support National Drug Take Back Day events; assures that patients with opioid prescriptions are effectively counseled and provided with information on proper utilization and handling; and provides additional resources on drug safety and disposal on www.riteaid.com under the headings "Pharmacy & Immunizations-Drug Safety & Disposal."
In addition, The Rite Aid Foundation has been engaging with community partners to provide further support, including:
Rite Aid & Profibusiness.world
October 26, 2018