The Italian-American Pharmacists Society of the State of New York
Meeting Minutes
02/09/07 8:30 pm
CE PRESENTATION: SYLVIA THOMAS,MS, PharmD, BCPS DIRECTOR , CLINICAL PHARMACY SERVICES INNOVATIX, LLC
PRESENTED CE LECTURE ON MULTIPLE SCLEROSIS.
1. SECRETARY REPORT- MANY TOPICS WERE DISCUSSED THIS WEEK AND WILL BE POSTED ON THE WEBSITE. I MUST MENTION INVITATIONS HAVE
BEEN SENT OUT FOR OUR DINNER DANCE. IF ANYONE NEEDS EXTRAS THEY CAN BE PRINTED ON-LINE BY VISITING OUR
WEBSITE. MEMBERS ARE ENCOURAGED TO TRY AND GET AS MANY ADS FROM THEIR VENDORS, NEARBY BUSINNESES, ETC.
FOR OUR JOURNAL.
2. TREASURER REPORT- ACCOUNT IS IN THE BLACK AND APPROVED BY CHAIRMAN OF THE BOARD.
3. COMMITTEE REPORTS-
A. MEMBERSHIP REPORT- WE HAD ONE NEW MEMBER PRESENT AND I ASK THAT WE ALL WELCOME FRANK DEMARCO.
B. NEWLSETTER REPORT- FRAN WOULD LIKE US TO SEND HER ANYTHING YOU WISH SO PLEASE E-MAIL HER ANY COMMENTS
OR SUGGESTIONS YOU MAY HAVE.
C. CE COMMITTEE - CE SCHEDULED FOR MARCH 8, 2007 AT FIAMMA OSTERIA IN NEW YORK CITY. PLEASE NOTE CE LECTURE WILL
BEGIN AT 7:30PM.
D. PSSNY REPORT- PSSNY ANNUAL PHARMACY DAY IS MONDAY, MARCH 27, 2007. THERE WILL BE A BUS LEAVING FROM
ST. JOHN'S UNIVERISTY FOR ALL WHO ARE INTERESTED.
- PHARMACY OWNERS ARE ENCOURAGED TO CONTRIBUTE TO PSSNY LAWSUIT AGAINST NEW YORK STATE.
- MARDI GRAS MADNESS CONVENTION IS JUNE 27-JULY 1ST.
E. LEGISLATIVE REPORT- APPLY FOR NPI # ON LINE NOW.
- JAMES DETURA WHO IS THE CURRENT PRESIDENT OF THE NEW YORK CITY SOCIETY OF
PHARMACISTS, PRESENT AT OUR MEETING STRESSED THE IMPORTANCE OF MEMBERSHIP.
F. MEDICARE UPDATE- CMS PLANS TO BEGIN REIMBURSING FOR GENERICS WITH A FEDERAL UPPER LIMIT (FUL) BASED ON A
NEW DEFINITION OF AVERAGE MANUFACTURERS PRICE (AMP), WHICH IT PROPOSED IN A REGULATION
RELEASED DECEMBER 15,2006. AS REQUIRED BY THE DEFICIT REDUCTION ACT, THE FUL WILL BE A
CEILING OF 250% OF THE AMP. COMMUNITY PHARMACIES WILL BE PAID ON AVERAGE 36% BELOW THEIR ACQUISITION COST FOR EVERY MEDICAID GENERIC DRUG PRESCRIPTION THEY FILL UNDER A
REIMBURSEMENT FORMULA PROPOSED BY THE CENTERS FOR MEDICARE & MEDICAID SERVICES (CMS).
COMMUNITY PHARMACIES WILL LOSE MONEY ON VIRTUALLY EVERY ONE OF THOSE TRANSACTIONS.
G. SCHOLARSHIP REPORT- FRANK REPORTED WE HAVE NO RESPONSES AS OF YET, WE MUST GET THE WORD OUT SO HE WILL BE IN
TOUCH WITH THE REPRESENTATIVES FROM EACH COLLEGE OF PHARMACY.
H. DINNER DANCE REPORT- DINNER DANCE IS ON MARCH 24, 2007 AT LEONARD'S AT 7PM. INVITATIONS HAVE BEEN SENT OUT.
GUEST OF HONOR WILL BE DONALD J. CANTALINO, PSSNY PRESIDENT- ELECT. ENTERTAINMENT BY ALIVE &
KICKING.
I. JOURNAL COMMITTEE- ADS ARE NEEDED SO PLEASE SOLICIT ALL VENDORS, BUSINESSES NEARBY, ETC. FORMS WERE HANDED OUT
4. OLD BUSINESS-
- DINNER DANCE IS ON SATURDAY, MARCH 24, 2007, INVITATIONS HAVE BEEN SENT OUT.
- OPUS TO SPONSOR NEWSLETTER.
5. NEW BUSINESS-
- 2ND ANNUAL RELAY FOR LIFE WHICH IS A 24 HOUR EVENT SPONSORED BY THE AMERICAN CANCER SOCIETY ON
APRIL 13, 2007.
- PLEASE SEE STEPHANIE GUZMAN IF YOU WOULD LIKE TO MAKE A CONTIBUTION TO FIGHT THIS DEADLY DISEASE.
GOOD & WELFARE : WE ARE SADDENED AT THE NEWS ON THE PASSING OF OUR DEAR FRIEND GERALD D'AVANZO. OUR THOUGHTS & PRAYERS ARE WITH HIS FAMILY.