Fred’s agrees to buy 865 Rite Aid stores
Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have entered into an agreement to sell 865 Rite Aid stores and certain assets related to store operations to Fred’s Inc. for $950 million.
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HDA eyes GTIN coding system for pharma supply chain
Later next year, the Healthcare Distribution Alliance (HDA) plans to launch a service to aid the adoption of a Global Trade Item Number (GTIN) coding system across the pharmaceutical supply chain.
Pharmacy groups speak up with change coming in D.C.
Sensing change in the air, a group of pharmacy associations have called on the incoming Trump administration and congressional leaders to recognize the role that pharmacies play in the nation’s health care system.
H.D. Smith launches VentureRx
H.D. Smith has rolled out VentureRx, a program to aid in the launch, sale or expansion of a pharmacy business.
2016 NACDS Foundation Dinner in photos
The 2016 NACDS Foundation Dinner, part of NACDS Week in New York, raised $1.94 million for evidence-based research, pharmacy education and philanthropic initiatives to improve patient outcomes and advance population health. Dr.
Beacon technology making its mark
spurred by the rising use of mobile shopping — influenced $14.5
Omnicell wraps up Ateb acquisition
Omnicell Inc. has closed its $41 million deal to acquire pharmacy patient care and medication synchronization specialist Ateb Inc. Omnicell and Ateb announced the agreement late last month.
Merlo: Integrated care sets CVS Health apart
CVS Health’s integrated pharmacy care model makes it a “partner of choice” in the health care arena, president and chief executive officer Larry Merlo said at the company’s annual Analyst Day event in Manhattan.
NACDS hails rule relaxing access to pharmacy rewards
The Department of Health and Human Services (HHS) is giving pharmacies more flexibility to extend their reward and loyalty programs to beneficiaries in government programs such as Medicare and Medicaid, according to the National Association of Chain Drug Stores.
Branded drug prices jumped last year, AARP says
Retail prices for 268 branded prescription drugs widely used by older Americans climbed by an average of 15.5% in 2015, according to a new report by the AARP Public Policy Institute. AARP said Wednesday that the gain in branded drug prices was nearly 130 times faster than the 0.
CVS to build distribution center in Kansas City
CVS Health plans to build a new distribution center in Kansas City, Mo., to serve CVS Pharmacy locations in the region.
McKesson cleared to acquire Rexall
McKesson Corp. has been given the green light from the Competition Bureau of Canada to finalize its $2.2 billion acquisition of drug chain Rexall Health.
Walgreens shifts clinics in South Florida to UHealth
In its latest retail clinic partnership, Walgreens is transitioning 17 Healthcare Clinics in South Florida to the University of Miami Health System (UHealth).
Nielsen: Retail clinics bring in-store opportunity
Retailers focusing on health and wellness might want to take a closer look at retail clinic patients, according to a recent retail health care services study by Nielsen. Of more than 2,200 U.S.
Boots adapts its strategy with Farmacias Benavides
To quote one of Cortes’ officers when the Spanish first arrived in Mexico, they came “to serve God and His Majesty and also to get riches.” While the Boots/Walgreens story was playing out in the U.S.
Eli Lilly to offer insulin discounts via Blink Health
Eli Lilly and Co. has partnered with Express Scripts to enable diabetes patients to access discounts for Lilly insulin products through digital drug search and pricing service Blink Health. Lilly said Tuesday that the discounted prices for its insulin are slated to become available on Jan.