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Inside This Issue - News

NACDS eyes 'once-in-a-lifetime opportunity' for pharmacy

The chain drug industry is at a critical juncture, with historic change in health care delivery placing unprecedented demands on the business while presenting enormous growth opportunities. That was the message last month of new National Association of Chain Drug Stores chairman John Standley, who is also president and chief executive officer of Rite Aid Corp.

Health care reform advances, but questions remain

The Obama administration is basking in what it sees as success with the initial implementation stage of the Affordable Care Act but remains mindful that challenges await the government’s health care reform efforts as they continue to evolve.

Alliance Boots enlarges territory

Alliance Boots GmbH, the pharmaceutical retailer and wholesaler partly owned by Walgreen Co., has taken its first step into Latin America with a deal to acquire 1,400 drug stores in Mexico and Chile.

Steinhafel steps down as Target CEO

The major data breach that hit Target Corp. during the holiday shopping season has cost company chairman, president and chief executive officer Gregg Steinhafel his job.

CVS seeks URAC community pharmacy seal

CVS/pharmacy is the first organization applicant to seek community pharmacy accreditation from URAC, a group recognized as a leader in promoting health care quality.

Rite Aid picks Lynch to oversee technology

Matt Lynch, an information technology executive with nearly 30 years’ experience, is joining Rite Aid Corp. as senior vice president and chief information officer.

Members of Congress ask HHS for Medicaid transition period

Forty-nine members of the House of Representatives have signed a letter to the head of the Department of Health and Human Services urging adoption of a one-year transition period for states to implement the July 2014 average manufacturer price (AMP)-based federal upper ­limits (FULs) for Medicaid prescription drug reimbursement.

CVS offers 'Bill Pay' service for health insurance

CVS/pharmacy is launching what it describes as a first-of-its-kind service to help customers manage their monthly health insurance premiums.

Walgreens ups travel services

Walgreens has begun offering expanded travel health services, including immunizations and consultations, to support nearly 60 million annual trips abroad by Americans.

Kmart taps Diplomat for specialty Rx

Kmart Pharmacy is working with Diplomat Specialty Pharmacy to give customers and loyalty program Shop Your Way members greater access to a wider range of medications.

Civello honored for contributions to industry

Recognized for his nearly five decades of service to pharmacy and the chain drug store industry, former Kerr Drug president and chief executive officer Tony Civello received the Sheldon W. Fantle Lifetime Achievement Award during the National Association of Chain Drug Stores Annual Meeting.