Tuesday, January 31, 2012

OmniCare in the News, Again!

Well, that was fast. Previously, it took over three years between OmniCare posts; this time it's less than three weeks:

"PharMerica Corp. said Monday it hopes ... Omnicare Inc. will drop its $457 million takeover bid in the face of the federal government's suit late Friday to block the deal ... The Federal Trade Commission said a combination of the nation's two biggest long-term care pharmacies would raise the cost of Medicare Part D prescription plans"

Hey, wait a minute.

Did I just hear the gummint say that competition is a good thing and that fewer choices is a bad one?

Has anyone clued in HHS Secretary Shecantbeserious?

Because that's exactly the opposite of what she's been advocating.

[Hat Tip: FoIB Holly R]
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