President Obama has signed into law a bill providing $26 billion to struggling states — including additional Medicaid funding — by closing tax loopholes for multinational companies and cutting food aid to the poor.
Rite Aid Corp. has issued $650 million in notes as part of a plan to refinance its debt and credit. The drug store chain also is working to regain compliance with the minimum share price rule of the New York Stock Exchange (NYSE) in order to avoid being delisted. Plans call
Kerr Drug has signed a licensing agreement for MirixaEdge, Mirixa Corp.’s clinical application that supports the delivery of pharmacist-based patient care services, including medication therapy management (MTM). Kerr plans to offer MTM services to the city of Charleston, S.C.
Mike Cantrell has been named president of AmerisourceBergen Corp.’s Good Neighbor Pharmacy network. Cantrell has also been named group vice president of retail business development and reports to Jerry Cline, senior vice president of retail sales and marketing at AmerisourceBergen.
While health care reform got the votes it needed in Washington, it still faces resistance in many states. Blocking maneuvers from lawsuits to legislative action to referenda are occurring from Florida to Alaska.
CVS Caremark Corp. entered the Omaha market with the recent grand opening at one of its two new drug stores in the Nebraska city. Additional locations in the market are planned over the next several years. CVS/pharmacy has also expanded its presence this year in St. Louis, Memphis and Puerto Rico.
Shoppers Drug Mart Corp. this weekend plans to open its latest energy-efficient store in Woodbridge, Ontario, as it continues its rollout of the format.
Pacific Shore Holdings Inc. has engaged with Michigan-based H&H Wholesale, which specializes in supplying independent and chain pharmacies nationwide, for the distribution of its Burner Balm and Energy-X Lip Balm.
The Global Supply Chain Leaders Group (GSCLG) has named John Figueroa, president of McKesson U.S. Pharmaceutical, as the "Supply Chain Executive of the Decade.
Four congressmen are urging the Centers for Medicare and Medicaid Services (CMS) to keep prices for its national Competitive Bidding Program (CBP) for Medicare Part B mail-order diabetes testing supplies separate from similar supplies offered by retail pharmacies.
Navarro Discount Pharmacy has begun providing flu shots and is giving customers a hand with the cost of staying healthy during flu season.
PharmaTrust said its MedCenter remote pharmacy dispensing machines have been called "industry-changing technology" by news network CNN. The Oakville, Ontario-based company said Wednesday that in a piece airing on Aug.
In reporting second-quarter results, the chief executive officer of Fred’s Inc. cited pressure on the pharmacy business that’s likely to continue over the next year and a half.
Giant Eagle Inc. is testing a pharmacy workflow automation system from RxSafe. The San Diego-based provider of automated robotic storage and retrieval systems for pharmacies said Thursday that it recently installed an RxSafe 1800 system at one of Giant Eagle’s Pittsburgh-area supermarkets.
Discounter Target Corp. said it aims to promote its customers’ health and wellness during the upcoming cold and flu season by serving as their "prevention and treatment headquarters." The retailer said Thursday that starting on Sept.
A group of pharmacy retailers in the Chain Drug Consortium have formed a generic drug purchasing entity called the Chain Pharmacy Alliance.
