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CVS Caremark sees 3Q profit, sales surge

CVS Caremark sees 3Q profit, sales surge

Income from continuing operations rose nearly 17% during the third quarter at CVS Caremark Corp., as its pharmacy benefit management segment drove a double-digit sales surge. CVS said Tuesday that income from continuing operations for the three months ended September 30 climbed 16.7% to $1.

Questions on compounding arise in wake of outbreak

As the investigation continues into the Massachusetts compounding center identified as responsible for the meningitis outbreak that, at presstime, left at least two dozen individuals dead, defenders of the longtime practice are attempting to convince the public that compounding has a history of bein

Credit card settlement draws fire

A hearing on the proposed $7.2 billion settlement between merchants and credit card companies has been set for November 9. Retailers and others opposed to the settlement had until October 31 to file their written objections.

Appeals court to consider Medi-Cal case

The National Association of Chain Drug Stores and several other heath care groups are continuing their efforts to block the state of California from cutting Medi-Cal reimbursement rates. In the spring of 2011 the California legislature passed and Gov.

Two regional drug chains go mobile

Kerr Drug and Pharmaca Integrative Pharmacy have both teamed up with mobile pharmacy solutions provider mscripts to offer their patients the ability to manage their ­prescriptions from a mobile phone.