Cardinal Fee-For-Service Ultimatum Has “Accelerated” Contracting, CEO Says
This article was originally published in The Pink Sheet Daily
Executive Summary
Cardinal's progress in signing fee-for-service distribution contracts with pharmaceutical manufacturers has "accelerated" since the wholesaler set a March 31 contract deadline
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The wholesaler anticipates 80% of compensation from manufacturers will be recorded under the new contract model by Oct. 1. Pfizer continues to be a significant holdout within the transition to fee-for-service, McKesson says.
McKesson In Final Phase Of Negotiating Fee-For-Service Contracts
The wholesaler anticipates 80% of compensation from manufacturers will be recorded under the new contract model by Oct. 1. Pfizer continues to be a significant holdout within the transition to fee-for-service, McKesson says.
ABC Still Optimistic On Fee-For-Service Despite Dropping Earnings Estimates
AmerisourceBergen still aims to have most manufacturers under fee-for-service agreements by the end of 2005. Although ABC has not set a March 31 deadline for fee-for-service contracts like Cardinal and McKesson, CEO Yost says "there is nothing in the market place that would imply that we are slower" at making the transition.