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Week of Mon, Dec 19th, 2011

Pharmacy techs serve up FSA advice

Retail pharmacy teams, including pharmacy technicians, are offering practical solutions to patients about how to best use remaining 2011 flexible spending account (FSA) funds, according to the Pharmacy Technician Certification Board (PTCB).

Walgreens stands firm in quarrel with PBM

With no resolution imminent in its stand-off with Express Scripts Inc., Walgreen Co. said it's prepared to take a short-term hit rather than digest the long-term consequences of accepting the pharmacy benefit manager's contract proposal.

MinuteClinic enters first clinical affiliation in Mass.

MinuteClinic has entered into a clinical collaboration with UMass Memorial Health Care, the largest health care system in central and western Massachusetts and the clinical partner of the University of Massachusetts Medical School.

Medco shareholders OK Express Scripts merger

Medco Health Solutions Inc. shareholders have approved the company's proposed merger with Express Scripts Inc.

Earnings at Walgreens tail off in first quarter

Net earnings slipped at Walgreen Co. in its fiscal 2012 first quarter as the drug chain cited its contract impasse with Express Scripts Inc., a slow cough/cold and flu season, and a tough year-over-year comparison as impacting results.

CVS executives tout 'unique suite of assets'

At its Analyst Day event in New York, CVS Caremark Corp. projected robust earnings and revenue growth for fiscal 2012 as executives cited health care trends that bode well for the company's integrated business model, which combines a retail drug chain and pharmacy benefit management unit.

Bi-Lo set to merge with Winn-Dixie

Bi-Lo LLC and Winn-Dixie Stores Inc. have agreed to merge in a deal that stands to create a food and drug chain of nearly 690 stores in eight southeastern states.

Analyst Day Preview: CVS is well-positioned

Financial analysts are showing renewed faith in CVS Caremark Corp.’s integrated business model.

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