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McKesson appoints Tracy Faber to top HR role

IRVING, Texas – McKesson Corp. announced that Tracy Faber has been appointed executive vice president and chief human resources officer (CHRO), effective October 1, 2019. Faber will report to chief executive officer Brian Tyler.

Mylan adapts model to changing health care system

Over the course of the past decade, Mylan has succeeded in refining and expanding its business model in pursuit of the goal of improving access to medications and addressing gaps in the market.

NACDS campaigns for pharmacy’s future

The National Association of Chain Drug Stores is fighting for the retail pharmacy industry’s future on a number of fronts, and the stakes are high. Of particular import is the issue of direct and indirect remuneration (DIR) fees, which represent a major threat.

How to get out from the suffocating miasma of DIR fees

The direct and indirect remuneration (DIR) component of Medicare Part D programs today is very complicated and has been implemented in a variety of ways. The lack of clarity, fairness and transparency to all parties has created business challenges for pharmacies.

Consumers embrace new healthy living mindsets

It’s hard to miss the heightened shopper interest in health and wellness these days. In our recent “How America Shops” study, The Big Business of WELL, many shoppers showed they are committed to being well: 42% said that while it costs more to “live healthy,” it’s worth it.

Sera Labs: a thriving CBD company with a difference

The retail market for products containing CBD is projected to expand rapidly in the coming years amid the growing acceptance of hemp and cannabis across the country. One of the up-and-coming companies in this category is Sera Labs.

There’s a whole new look to chain drug retailing

Chain drug retailing isn’t what it used to be. The merger of CVS Health and Aetna, and Walgreens Boots Alliance (WBA’s)’s pivot toward a digital-first strategy have redefined the industry’s business model. “It’s a new world out there,” says one analyst, “in large part because of Amazon.

Diplomat employing SMRxT technology to enhance patient care

Diplomat Pharmacy is expanding its strategic relationship with medication adherence company SMRxT, creator of the Nomi system. Nomi sensor technologies record when a patient takes their medication, including the number of tablets.

AZOVA and Valu Merchandisers ink deal

AZOVA, the fast-growing and most comprehensive cloud-based, digital health platform for pharmacies, physicians, patients, employer groups and payers, announced a partnership Friday with Valu Merchandisers Co. (VMC).