Speaker of the House of Representatives Dade Phelan (R) appointed Mike Toomey as his new chief of staff, replacing Enrique Marquez. Toomey is a former Texas House member, previously served as chief of staff to former Governors Bill Clements and Rick Perry and was most recently a partner at the Texas Lobby Group.

Also in Texas, PCMA presented at the Texas Pharmaceutical Initiative (TPI) Board’s August 20 meeting, claiming that 90% of the prescription dollar goes to pharmacies and pharmaceutical manufacturers, and that PCMA’s industry creates $155 billion in value each year. The TPI Board also received an update from McKinsey consultants on developing a business plan due to the legislature on October 1, 2024. The TPI was established last session by the Texas Legislature and aims to provide cost-effective access to prescription drugs and other medical supplies to individuals receiving health benefits paid for by the state through the Employee Retirement System of Texas (ERS), Teacher Retirement System (TRS), Health and Human Services Commission (HHSC) including Medicaid, The University of Texas System and Texas A&M University System. The next meeting is September 5.

Also in Texas, the Health and Human Services Commission (HHSC) Vendor Drug Program’s VDP Provider Portal allows pharmacies to retrieve weekly payment files, prescribers to submit prior authorizations, and more. VDP encourages pharmacies and prescribers to register for these valuable tools.

Also in Texas, the state’s economic forecast looks bright as Comptroller Glenn Hegar (R) estimates an $18 billion+ surplus, and about $24 billion in the Economic Stabilization (Rainy Day) Fund.

Finally in Texas, pharmacies can request expedited formulary coverage, an expedited preferred drug list change or notify HHSC about potential drug shortages impacting prescribing choice and pharmacy claim processing by using the Drug Shortage Notification and Expedited Formulary or Preferred Drug List Request (HHS Form 1315). Referrals should recommend an alternative with supply chain in mind so extra demand will not cause another shortage.

For more information, contact NACDS’ Mary Staples at 817-442-1155.