05/22/2024
Due to the predatory and unfair policies against all independent pharmacies by the Pharmacy Benefit Managers (PBMs - adminstrators of prescription drug insurance programs), we are forced to close our Pierce City location effective at the end of business Wednesday May 22nd, 2024.
Owners, Shane and Becca’s dedication to this community led them to keep this location open for quite some time despite it’s inability to generate profit. Unfortunately, the PBMs have crippled this business and continue to attack every independent pharmacy in the country. In 2023 alone, over 300 independent pharmacies were forced to close their doors.
For more information on PBM activities, please see the links below:
https://herbgreenberg.substack.com/p/cracking-down-on-the-legal-drug-cartel
https://www.drugtopics.com/view/independent-pharmacies-continue-to-face-financial-hardships-as-clock-ticks-on-pbm-reform
We encourage you to do your own research and advocate to our politicians. We will continue to serve all of our patients through our Monett location beginning May 23rd, 2024. As always, we offer free delivery, so be sure to contact us if you are interested in setting that up through our Monett location.
We thank our Pierce City community for the support Old Town Pharmacy has received over the last several years. Please do not hesitate to contact us with any questions or concerns you might have.