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Inside This Issue - News

RxImpact Day hits Washington

More than 100 community pharmacy advocates from over 30 states met with legislators as part of the National Association of Chain Drug Stores’ inaugural RxImpact Day on Capitol Hill on June 17.

Pharmacy advocates tout MTM’s potential

Medication therapy management (MTM) offers an opportunity for pharmacy to be an integral part of health care reform. That was the message at a congressional briefing this month from pharmacy experts and advocates.

Health care reform debate gets serious

President Barack Obama has pressed his case for health care reform even as a Senate plan turned out to be prohibitively expensive and unable to meet the goal of universal coverage.

Suit aims to block Del. Medicaid cuts

Two national trade associations representing community pharmacies have filed a lawsuit in federal court to stop Delaware from implementing lower Medicaid reimbursement rates next month.

Walgreens draws a line in the sand

State lawmakers here are considering ways to fight back against Walgreen Co. after the drug chain said it will stop filling prescriptions covered by Delaware’s Medicaid program when new reimbursement rates go into effect next month.

Three execs join Walgreens team

Walgreen Co. has bolstered its purchasing team leadership with the hiring of three executives.

Refinancing moves give Rite Aid a boost

Rite Aid Corp. has shored up its finances with an offering of $410 million in senior secured notes due in 2016.

Regional drug chains manage to hold own

These are challenging times for regional drug chains. Operating in a market dominated by three megachains and a handful of national discounters and supermarkets, small and regional chains are facing more adversity than ever, company executives say.

Kerr sells 11 stores in Charleston, S.C., market to CVS

CVS Caremark Corp. has purchased 11 Kerr Drug stores in the Charleston, S.C., market, relocating four of the units into nearby CVS locations. Terms of the deal were not disclosed.

Rx groups file brief in AWP suit

The National Association of Chain Drug Stores and the Food Marketing Institute (FMI) have filed with a federal appeals court a legal brief challenging the First Data­Bank and Medi-Span Inc. settlements, which reduce average wholesale prices (AWPs).

At Hy-Vee, stores are viewed as ‘total wellness centers’

Supermarkets with pharmacies are in the ideal position to provide their customers with comprehensive health and wellness programs, executives at Hy-Vee Inc. say.