After having served the Mill Creek community for 31 years, the Mill Creek Pharmacy will close its doors for good on October 14, 2014.
In a letter to his customers Mike Somers, owner and pharmacist, said changes in the health care marketplace made him, “unable to provide the level of service that has marked our business model."
“The pharmacy benefits administrators have forced mandatory mail order for many of our customers and have decreased reimbursement to an unreasonable low level.”
“With the enactment of the Affordable Care Act (Obama Care) there has also been an increase in required programs, paper work and bureaucratic influence that make it too difficult for the small independent pharmacy to survive.”
In a September 30th conversation Somers said, “Ever since I’ve been in business reimbursements (from insurance companies) have always gone down and my costs have always gone up.” He went on to say that the administrative costs imposed on our medical care markeplace are way too high.
Somers sold his business to Ride Aid Corporation and is in the process of informing his customers that their prescription records, insurance, and billing information will be automatically transferred to the Rite Aid in Mill Creek on October 15th unless other arrangements are made.
All of the national pharmacy chains have pharmacy acquisition teams looking for small pharmacy owners who want to sell their business.
Rite Aid’s Pharmacy Acquisitions web page says, “Whether you’re currently considering a sale because you plan to retire, relocate, or change careers, or due to decreasing reimbursement rates and increasing operating costs, we can help you arrive at a fair price and find suitable opportunities for your employees.”
Mill Creek Pharmacy employees were given three weeks notice and are looking for new opportunities.