That severe shortage has ended as pharmacy degree programs have grown over the past decade.

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Already, universities and their medical schools, nursing colleges and schools of public health and pharmacy are expanding departments or creating new programs to address future health care needs.

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The margins for pharmacy benefit managers, third-party administrators of prescription drug programs, have grown so high that they pose an attractive entry point for health care companies to go into the market.

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Pharmacists have also been hit hard by cuts in reimbursement from state Medicaid programs for the poor and are getting squeezed by larger pharmacy benefit managers like Express Scripts (ESRX) who pay pharmacies to dispense drugs for their employer clients.

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Services include: full clinical laboratory, pharmacy, X-Ray, sonography, inhalation therapy, breast exam programs, and a diabetes program providing for several hundred diabetic patients.

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