Lawmakers to CMS: Don’t publish draft FUL lists
A group of 40 congressmen have called on the Centers for Medicare & Medicaid Services (CMS) to stop publishing draft lists of federal upper limits (FULs) used for reimbursing pharmacies under Medicaid.
CDR
American Diabetes Association names Walgreens as strategic partner
Walgreen Co. has become a national strategic partner of the American Diabetes Association (ADA) to collaborate with the organization on its Stop Diabetes effort.
CVS Caremark honored for logistics program
CVS Caremark Corp. has been awarded the 2011 Supply Chain Distinction Award North America in the Logistics Best Practice Category. CVS said Thursday that the awards, presented at the annual Supply Chain Logistics Summit in Dallas, held by media firm WTG Ltd.
NACDS clarifies ‘misleading’ statements by PBM execs
The National Association of Chain Drug Stores said the chief executive officers of Express Scripts and Medco Health Solutions made "misleading statements" in testimony at a Senate Judiciary subcommittee hearing on the two pharmacy benefit managers’ merger deal.
Medicine Shoppe, Medicap franchisees seek arbitration
About 60 Medicine Shoppe and Medicap pharmacy owners nationwide have filed an arbitration claim against their parent franchise companies, which are subsidiaries of Cardinal Health Inc., for allegedly failing to support the franchise systems.
Hy-Vee CEO to retire, tabs COO as successor
Ric Jurgens, chairman and chief executive officer of Hy-Vee Inc., plans to retire from the company in the middle of next year. Jurgens told shareholders at the food and drug retailer’s annual meeting Wednesday that he will retire on June 1. He also said that he will ask Hy-Vee’s board,
Rite Aid sees results improve in 3Q
Rite Aid Corp. reported upticks in revenue and same-store sales for its fiscal 2012 third quarter and narrowed its net loss in the period, beating Wall Street analyst estimates. Rite Aid said Thursday that for the 13-week third quarter ended Nov. 26, revenue totaled $6.3 billion, up 1.8% from $6.
Physicians Formula CFO to depart
Jeff Berry has resigned his position as chief financial officer at Physicians Formula Holdings Inc. The cosmetics and skin care product maker said Wednesday that Berry is leaving the company "to pursue other professional interests" and is slated to exit his post on Jan. 13.
Drug stores vs. PBMs: Anti-mail bill OK’d in N.Y.
Legislation approved this week in New York highlights the escalating tug of war between retail pharmacies and pharmacy benefit managers (PBMs). New York Gov.
Walgreens answers call for pertussis, flu vaccines
Walgreen Co. is leveraging the accessibility of its drug stores to help provide pertussis and flu vaccinations to people in its home state. Walgreens said late Tuesday that has expanded availability of immunizations for whooping cough to all of its more than 580 pharmacies in Illinois.
Energy use specialist enlisted by Rite Aid
Rite Aid Corp. has tapped Ecova, an energy and sustainability solution provider, to to provide utility expense and energy management services. Ecova said Tuesday that it will assist Rite Aid in monitoring, understanding and reducing energy use at its approximately 4,700 drug stores nationwide.
Sebamed skin care to make U.S. debut at CVS
Germany-based Sebamed skin care products are slated to hit shelves at CVS/pharmacy next year. Physician Laboratories Inc., the U.S. distributor of Sebamed, said Tuesday that the products will be carried in 7,300 CVS stores starting in mid-January.
Mirixa names VP of sales
Stacey Lelko has joined pharmacy-based patient care service provider Mirixa Corp. as vice president of sales and business development. Mirixa said Tuesday that Lelko will lead its national sales team and develop strategic partner relationships.
Rite Aid plans to ramp up wellness+ program
Next year, Rite Aid Corp. aims to expand its wellness+ customer loyalty program by delivering new ways to save and more shopper rewards. Rite Aid said Tuesday that on Jan. 1, it will launch Load2Card, a coupon management program that will enable wellness+ members to save, manage and redeem Rite Aid
Schick set to launch Hydro Silk women’s razor
Energizer Personal Care said its Schick brand will "revolutionize" women’s shaving with next year’s introduction of the Hydro Silk razor. Energizer said Monday that the Schick Hydro Silk razor provides an extra level of care for the skin by replacing moisture that shaving can take away.
Hallmark adds interactive holiday cards
Hallmark has unveiled four new interactive Christmas greeting card lines for the 2011 holiday season. The greeting card giant said Monday that the novel card collections leverage technology to make holiday wishes "come alive.