CVS Caremark Inc. will continue to bring innovative ideas and services to the health care market, the company’s executives told dozens of Wall Street analysts gathered here last month for the company’s annual analysts day.
The early arrival of Thanksgiving lifted chain drug holiday sales above last year’s levels. Total sales rose 4.6%, with same-store volume climbing 2.4%, as customers took advantage of extra holiday shopping days, according to research by Racher Press Inc., the publisher of Chain Drug Review.
A federal appeals court here affirmed California’s right to cut reimbursement payments to Medi-Cal providers by 10%.
Navarro Discount Pharmacy has opened its 32nd store, located in Miami’s Kendall section. “The new store in West Kendall is well positioned in the Kendale Lakes Plaza among other discount brand retailers,” said president and chief executive officer Juan Ortiz.
Bartell Drugs has announced the selection of Rob Jensen as chief financial officer. The community pharmacy operator noted that Jensen previously was senior vice president and CFO at Car Toys, a Seattle-based retailer of mobile entertainment, performance accessories and wireless phones.
The National Association of Chain Drug Stores has promoted David Fitzsimmons to senior vice president of finance and administration.
CVS/pharmacy has acquired 19 of Medicine Chest’s 29 drug stores in Texas. Executives say the company will keep nine of the stores open and absorb the others into nearby existing CVS locations. Plans call for Medicine Chest to continue to operate its remaining 10 stores.
North Carolina Sen. Kay Hagan continues to be hailed by community pharmacy advocates for her efforts to improve patient care. The National Association of Chain Drug Stores, for instance, recently cited the Democratic lawmaker for her continued leadership on behalf of pharmacy patient care.
Half the states in the country have refused to create the health insurance exchanges called for under the health care reform law, according to data compiled by the Henry J. Kaiser Family Foundation.
Rite Aid Corp. will leverage the Surescripts Network for Clinical Interoperability to electronically deliver patient immunization notifications directly to health care providers.
AmerisourceBergen Corp. has named Peyton Howell as a corporate senior vice president and as president of global sourcing and manufacturer relations.
As the new year begins, retail pharmacy operators are confronted with a host of pressing issues that will affect the measure of success they can achieve as health care providers and business enterprises.
It’s human nature to look ahead to the New Year. What will 2013 hold for America’s biopharmaceutical research sector? Well, quite a bit. John Castellani We will join other stakeholders in the dialogue over the role of health care costs in our nation’s economic challenges.
Denise Carpenter has joined the Canadian Association of Chain Drug Stores (CACDS) as president and chief executive officer.
Striking a blockbuster deal that could shift the industry’s perspective, Walgreen Co. chief executive officer Greg Wasson and Alliance Boots executive chairman Stefano Pessina — and their management teams — have been selected as the 2012 Retailers of the Year by Chain Drug Review.
Avanti Press Inc. has unveiled its greeting card collection for 2013 and hired a new director of business development.
