A new study by the Government Accountability Office (GAO) provides major support for community pharmacy in its effort to achieve reform of Medicaid pharmacy reimbursement rates. The study was undertaken at the request of Sen. Charles Grassley (R-Iowa).
CVS Caremark Corp. plans to move to a new electronic prescribing platform under an agreement with health information technology provider Allscripts.
Walgreen Co. is now enabling pharmacy customers to download their prescription histories to a personal Microsoft HealthVault record.
Duane Reade has broadened availability of H1N1 flu shots to 19 locations throughout New York City’s boroughs. The drug chain, which operates more than 250 stores across metropolitan New York, began providing H1N1 vaccinations via flu shot clinics at several locations in the city in late December.
Former CVS Caremark Corp. executive David Rickard has been appointed to the board of directors at deep discount retailer Dollar General Corp. Plans call for Rickard to chair the board’s audit committee.
Bartell Drugs plans to discontinue filling Medicaid prescriptions at 15 of its 57 stores, citing recent reductions in compensation from Washington state.
To hear Andy Giancamilli tell it, one of the surest avenues to success in business, as in life, is to be in the right place at the right time. Throughout the course of his 34-year career in community pharmacy and mass market retailing, the chief executive officer of Katz Group North America
Celsius Holdings Inc. said its Celsius calorie-burning beverage is now available at Rite Aid drug stores nationwide. The company said this week that Rite Aid stores are carrying three Celsius flavors: sparkling Orange and the noncarbonated Green Tea Raspberry Acai and Green Tea Peach Mango.
Procter & Gamble Co. this month is rolling out new packaging for its Align probiotic that includes the product’s new money-back guarantee. The consumer products giant also said that next month its P&G BrandSavers coupon book will feature a high-value coupon for money off an Align purchase.
Shoppers Drug Mart Corp. this week urged its stockholders to reject a mini-tender offer for just under 1% of the company’s outstanding common shares. The Canadian drug store chain said Monday that it has received a copy of an unsolicited, below-market mini-tender offer by TRC Capital Corp.
William Grize, former president and chief executive officer of The Stop & Shop Supermarket Co. and Ahold USA, died Tuesday night after a brief illness, according to the company. He was 63. Grize retired from the food and drug retail giant in 2005 after a career that spanned nearly four decades.
Walgreen Co. has entered a long-term accounting services agreement with Genpact, a specialist in business process management.
Navarro Discount Pharmacies has appointed Steve Kaczynski as its chief executive officer. The drug store chain said Wednesday that Kaczynski succeeds Marcio Cabrera, who was serving as the retailer’s interim CEO.
CVS Caremark Corp. has expanded the availability of H1N1 flu vaccine to more than 220 stores throughout the California. The drug store chain said Tuesday the H1N1 vaccination is now being provided at select CVS/pharmacy locations in 25 counties in southern, central and northern California.
In recognition of his leadership in a rapidly changing industry, the editors of Chain Drug Review have named Walgreen Co. senior vice president of pharmacy Kermit Crawford the Chain Drug Pharmacy Executive of the Year.
Pointing to a modest flu season and less seasonal business, Walgreen Co. posted a 0.3% decline in same-store sales for December. The decrease continued a deceleration in same-store revenue growth from the fall, with the drug store chain reporting gains of 3.9% in November, 4.9% in October and 5.
