Pharmacies reach ‘breaking point’ with Medi-Cal
Proposed reimbursement cuts have pharmacists in California ready to "flee" Medi-Cal, the state’s Medicaid program, according to the California Pharmacists Association (CPhA).
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Lawmakers urge ‘thorough’ FTC review of PBM merger
More than a dozen members of the House of Representatives have sent a letter to the Federal Trade Commission to note their misgivings about the proposed merger of pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc.
CVS promotes three retail executives
CVS Caremark Corp. has promoted three senior executives at its retail pharmacy subsidiary, all of whom now have expanded roles. The company said Monday that Judith Strauss Sansone has been named senior vice president of merchandising for CVS/pharmacy.
Sanofi names Genzyme chief executive
Sanofi has appointed David Meeker as chief executive officer of its biotechnology subsidiary Genzyme Corp. Plans call for Meeker to take the CEO reins at Genzyme on Nov. 1, Sanofi said Monday.
FDA: Don’t use jet injectors for flu vaccinations
The Food and Drug Administration is recommending that health care professionals not use injector devices to administer flu vaccines.
SDM picks McKesson Canada exec to be next CEO
After an international search that lasted seven months, Shoppers Drug Mart’s board announced that the company’s new president and chief executive officer will be a Canadian and from the pharmaceutical industry, though not himself a pharmacist. Domenic Pilla is to take office November 1.
HHS secretary visits Walgreens
Secretary of Health and Human Services Kathleen Sebelius drove home the point about the importance of getting a flu vaccination this season by receiving her annual shot at Walgreen Co.’s health and daily living pilot store in Chicago’s Chatham neighborhood earlier this month.
Turnaround at Rite Aid gains some momentum
Rite Aid Corp. executives this month highlighted factors pointing to a continued turnaround at the chain, from loyalty program growth to lower-volume store improvements.
Walgreens details merchandising exec changes
Walgreen Co. has taken the wraps off the previously announced realignment of its merchandising division. Joe Magnacca, the drug chain’s president for daily living products and solutions, outlined the personnel changes late last Friday.
Chains join insurers for new Medicare PDPs
Walgreen Co., CVS Caremark Corp. and Walmart are partnering with insurance companies on Medicare Part D prescription drug plans (PDPs). Walgreens and Walmart are partnering with Coventry Health Care Inc., while CVS has teamed with Aetna. Walmart also again has a plan with Humana.
Walgreens bolsters health, wellness team
Walgreen Co. has added two executives to its pharmacy, health and wellness division’s leadership team. Dr.
New store concept is launched by Bartell
Bartell Drugs has unveiled a next-generation store concept at a renovated outlet in north Seattle.
Ryan is joining private equity firm
Former CVS Caremark chief executive officer Tom Ryan has joined the private equity firm Advent International as an operating partner.
Jeffery will retire from Katz Group
Katz Group Canada/Rexall chief development officer Warren Jeffery will retire at the end of this month.
CVS, P&G develop ‘Guy Aisle’
Recognizing burgeoning demand for men’s grooming products, Procter & Gamble Co. (P&G) and a CVS/pharmacy unit here have created a prototype “Guy Aisle.
Rite Aid brings flu shots to N.Y.C. commuters
A Rite Aid Corp. flu shot event in Grand Central Terminal earlier this month helped inoculate hundreds of city residents against illness and raised money for charity.