Monday, August 15, 2011
Lockout of pharmacies in Spain, Castilla-La Mancha
Against liquidity constraints, health systems tend to cut variable expenses to balance their finances. Sometimes, these are critical to the welfare of patients. In Spain, a community facing problems and a lockout of pharmacies due to delays in payments is Castilla-La Mancha.
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3 comments:
A liquidity crunch in economic theory is a form of capital market imperfection. That causes difficulties for models based on intertemporal consumption.
Medco Health Solutions, one of the largest mail order pharmacy and pharmacy benefits management company threatened a lock out unionized pharmacy.
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