In a shocking press release made public this month, the Drug Enforcement Administration confirmed that the latest target of a pharmacy related investigation was not leading drugstore operator CVS.
"We have concluded an investigation into the diversion of oxycodone through legitimate pharmacies in the state of Florida and onto the streets of cities throughout the country, and have concluded that it in no way involves CVS." said lead field agent Dirk Bradford at a press conference at DEA headquarters this afternoon. "As unbelievable as it may sound, CVS is in no way accused of doing anything wrong at this time."
The investigation uncovered stores that had sold as many as 2,200,000 pills of oxycodone over the course of a year and not a one of them was a CVS. Seriously. The company that has over the years been accused of among other things, bribing state senators, employing fake pharmacists, overcharging both the Medicare system and individual Medicare recipients, as well as letting a customer have an asthma attack in one of their stores because they were a couple dollars short had nothing to do with this scandal.
I'm not kidding you. Six stores lost their DEA license in Florida over this. And a company that is not CVS will pay an 80 million dollar fine.
Walter Brombach, a retail analyst at Goldman Sachs expressed concern the company was losing its competitive edge.
"After being a trailblazer in showing just how far a corporation can go in skirting the law to profitability, these latest developments raise the specter that CVS' competitors may be catching up and developing their own ways of calculating the reward/risk ratio of defying accepted laws and social norms. That being the case I am immediately downgrading my rating on the stock from 'strong buy' to 'hold"
Other analysts were more optimistic, noting that CVS had its own oxycodone scandal in 2012 and this was simply a case of others mimicking the industry leader.
Reached at the company's headquarters in Rhode Island, CVS spokesman Mike DeAngelis said "We remain committed to serving our customers and will work with the proper authorities.....wait....no....this isn't us.....no comment."
4 comments:
Hey, our hours got cut again. Even though we are doing more scripts than last year at this time. Gotta raise 80 million some how. :)
hey, i work at company that is not cvs - our hours got cut again too! that's ok - patient safety doesn't matter. i have plenty of time to do all the new shit we're supposed to do and safely dispense medication. no problem.
oh, and since we have so much free time - we can just ahead and set up all those off site flu clinics, that we don't get paid to go to or work at, yet are requirements of our job.
my staff pharmacist has sent three patients to the hospital in the past year. my supervisor is more concerned over the 30 missing hydrocodone. i'm pretty much fucked.
Hope it's Wag. They deserve a little comeuppance, especially since their stock is down (poor traffic), their commercials are extremely annoying, and they were proponents of that rotten central fill idea (although I don't know if that's still going on). Definitely not one of my favorites. Wrong Aid isn't in my market, so I can't comment on them and the groceries aren't major players.
Company that is not CVS now has to fill out extra useless paperwork for oxycodone, dilaudid, and methadone as part of a "good faith" dispensing procedure they enacted. Add an extra hour to your wait. Also, they cut our hours. I hit 10 years last Tuesday... I think that's the end of me.
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