First Quality meets consumer needs at ‘every age and stage’
As more consumers turn to retail pharmacies for a wide range of health and wellness needs, First Quality is delivering innovative solutions backed by healthcare experience.
CDR
CVS beats Q2 revenue and profit forecasts
CVS Health topped Wall Street’s estimates for the top and bottom lines for the second quarter ended June 30. Revenue, driven by growth across segments, rose 10.3% to $88.9 billion, exceeding analysts’ forecast of an $86.45 billion. While adjusted earnings dipped 12.6% from the year-ago period to $2.
Transaction Data Systems announces closing of merger with Outcomes
Transaction Data Systems (TDS), a portfolio company of BlackRock Long Term Private Capital and GTCR, announces the closing of the previously announced transaction with Cardinal Health.
Rite Aid posts better than expected Q1 results
Rite Aid Corp. reported a narrower first quarter loss than analysts had projected, and beat revenue forecasts. The company posted an adjusted loss per share loss of 73 cents, which was much better than Wall Street’s estimate of $1.50. Revenue for the period ended June 3 dipped to $5.
Circana launches data partnership, audiences for 12 new GM categories
CHICAGO – Circana, formerly NPD and IRI, has launched Circana Lift for Snap Inc., creator of Snapchat.
Rep. Miller visits Discount Drug Mart
U.S. Rep. Max Miller (R., Ohio) visited Discount Drug Mart’s corporate headquarters and distribution center, and met with Don Boodjeh, the retailer’s CEO, and other company executives.
Walgreens partners to increase diversity in cancer research
Walgreens and Freenome have established a multi-year relationship to advance clinical studies of the latter’s blood-based tests for the early detection of cancer.
CVS will buy renewable energy
CVS Health will purchase zero-emission, renewable energy from Constellation Energy Corp. equivalent to the annual electricity use of its 147 stores in Michigan.
Hy-Vee opens largest store
Hy-Vee Inc. has debuted a reimagined grocery store here, outside Omaha.
HDA presents DIANA Awards
The Healthcare Distribution Alliance (HDA) honored nine pharmaceutical and consumer product manufacturers with Distribution Industry Awards for Notable Achievements in Healthcare (DIANA Awards) at its 2023 Business and Leadership Conference. The DIANA is one of HDA’s highest honors.
Walgreens partnering to provide free HIV testing
DEERFIELD, Ill. _ Walgreens is teaming up with Greater Than HIV, a public information initiative of KFF, along with health departments and community organizations, to provide free HIV testing and counseling as part of the largest National HIV Testing Day event yet.
Former Cardinal Health CEO Mike Kaufmann honored with Nexus Award for lifetime achievement
The Healthcare Distribution Alliance Research Foundation has honored Mike Kaufmann, former CEO of Cardinal Health, with the 2023 Nexus Award for Lifetime Achievement.
MinuteClinic awarded sixth consecutive Ambulatory Health Care Accreditation
MinuteClinic has received its sixth consecutive Ambulatory Health Care Accreditation from The Joint Commission. Since 2006 — when it was the first retail medical clinic in the U.S.
CVS promotes Wier to VP of store brands
WOONSOCKET, R.I. _ Michael Wier has been promoted to vice president of store brands at CVS Health. He had been executive director – divisional merchandise manager for consumer health and wellness since August 2020.
NACDS implores North Carolina Senate to advance PBM bill
with customized content unique to North Carolina — applauds the state government
Rite Aid names Sabatino chief legal officer
PHILADELPHIA _ Thomas Sabatino has joined Rite Aid as chief legal officer. He will play a pivotal role in the company’s strategy to help create meaningful customer, client, and member experiences for millions of Americans.