We will continue on the second and final part of our Pharmacy In Peril: What’s Really Happening Behind the Counter Series as now we will learn from a front line pharmacist how these fees and reimbursement models from drug insurance companies, in particular the pharmacy benefit managers otherwise known as PBMs, are causing pharmacy services to suffer and overall your safety as the patient is at risk! Today we bring back Dr. Patrick Devereux, pharmacy manager and company president of Family Medical Services, Inc. which is comprised of four independent pharmacies in central AL as he gives us an unfortunate update how the current payment structure from PBMs mostly related to DIR fees are doing since the last time he spoke with us in 2020 and showcases to us what the DIR hangover of 2024 is all about. These fees have only gotten worse and continue to rob pharmacies of services and rob patients of appropriate care.
Patrick Devereux, PharmD, RPh
Patrick Devereux is a 2005 graduate of Samford University McWhorter School of Pharmacy in Birmingham, Alabama. He completed a community pharmacy residency program with Mercer University and East Marietta Drug in Atlanta Georgia. He joined FMS Pharmacy as the managing pharmacist for their Bessemer location in 2006 and later became President and CEO of the company in 2017. He is also the owner of Happier at Home in Birmingham, an in home senior care franchise. He has a desire to see both his pharmacy clients, and home care clients thrive and remain independent. Patrick lives in Hoover Alabama with his sons, Joseph and Colin and daughter Lorelei.