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Week of Mon, Jun 2nd, 2014

With eye toward succession, Walmart names vice chairman

Walmart has named board member Greg Penner to the new role of vice chairman, putting him in position to succeed chairman Rob Walton.

McKesson pilots solution to lift pharmacy Rx adherence ratings

McKesson Pharmacy Systems and Automation (MPS&A) is testing a new solution designed to help pharmacies improve their rating for patient medication adherence.

Rite Aid reports sales gain for May, revises outlook

Rite Aid Corp. saw same-store sales rise in May, but the company lowered its fiscal 2015 forecast, citing factors affecting pharmacy margins.

Shopko hires Cantrell as retail health executive

Pharmacy industry veteran Michael Cantrell has joined Shopko as senior vice president of retail health.

May same-store sales climb at Walgreens

Walgreen Co. reported increased comparable-store sales for May, led by solid results in its pharmacy business.

Cardinal Health serves up MTM solution for pharmacies

Cardinal Health Inc. is offering a new solution to lend retail pharmacies a hand with one of the pharmacist's core objectives: getting patients to stick to their medication regimens.

Walgreens launches talking prescription device

Walgreen Co. has rolled out a talking prescription device for pharmacy patients with visual impairments.

CMS postpones final AMP-based FULs

Shelving its earlier plan, the Centers for Medicare & Medicaid Services (CMS) reported that next month it won't be finalizing the Affordable Care Act federal upper limits (FULs) for Medicaid reimbursement based on average manufacturer price (AMP).

CVS starts in-store donations to combat lung cancer

CVS/pharmacy has commenced an in-store fundraising campaign to help fight lung cancer as part of Lung Force, a women's health initiative of the American Lung Association.

Rite Aid, Alzheimer's Foundation offer memory screenings

The Alzheimer's Foundation of America has teamed up with Rite Aid Corp. to provide free memory screenings at all Rite Aid stores.

Walgreens, N.J. health system collaborate on care

Walgreen Co. is working with New Jersey's Lourdes Health System on initiatives to improve medication adherence and post-hospital care.

Pilla: Canada to benefit from SDM, Loblaw merger

The acquisition of Shoppers Drug Mart Corp. by Loblaw Cos. will benefit both companies, according to SDM president Domenic Pilla.

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