Report: McKesson mulling options for tech solutions unit
McKesson Corp. is exploring a potential separation of its McKesson Technology Solutions business, according to the Wall Street Journal.
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Walmart, McKesson team up for generic drug sourcing
Walmart has become the latest retailer to ally with a pharmaceutical distributor for generic drug sourcing. The mass merchandiser’s partnership with McKesson Corp. includes an expanded long-term distribution pact and will add scale and value for both companies, they said.
Receipts at CVS enter digital age
CVS Pharmacy is offering digital receipts for all members of the ExtraCare rewards program. The new option will eventually be available in 7,900 stores. Customers can opt out of receiving paper receipts for all in-store purchases when completing their transactions in the front of the store.
Health insurers seek rate hikes under ACA
Large health plans that have claimed financial challenges from their participation in health insurance exchanges under the Affordable Care Act are set to seek significant premium increases in about a dozen states where they operate those individual plans.
Canadian pharmacy group tabs interim leader
The Neighbourhood Pharmacy Association of Canada (Neighbourhood Pharmacies) has announced the promotion of Justin Bates to senior vice president and interim chief executive officer.
New approach to Rx hits N.Y. market: Capsule
Innovation is key in the pharmacy industry, and one new company is using innovation to distinguish itself in this very competitive field. Capsule, which opened in New York City last month, is a digital start-up focusing on the home delivery of prescription drugs.
Thrifty White grows specialty Rx network
Thrifty White Pharmacy and Diplomat Pharmacy have expanded their current specialty pharmacy agreement to include Thrifty White’s affiliated pharmacies. Thrifty White said the new program with Flint, Mich.
Genoa reaches milestone with its 300th store
Genoa Healthcare LLC has opened its 300th pharmacy inside a community mental health center. Its latest is in Tamarac, Fla., within a facility operated by Henderson Behavioral Health Inc.
NACDS stresses voter engagement
Voter engagement is the goal of a video ad released last month by the National Association of Chain Drug Stores. The ad, titled “Momentum,” urges pharmacy personnel to participate in this year’s elections in order to “sustain legislative success at the federal and state levels.
Walgreens taps Minsk to run PL
Helayna Minsk has joined Walgreens as group vice president of retail brands. A former executive at Johnson & Johnson (J&J) and Unilever, she has over 25 years of experience in brand marketing, innovation, product development and activation.
Walgreens brings resources to bear on mental health
Walgreen Co. has launched a mental health platform and campaign focusing on the mental health conditions that affect approximately one in five Americans each year.
CF Champions backs patients, caregivers
Walgreens has launched CF Champions: Navigating the Journey, Together, a campaign to support cystic fibrosis patients and their caregivers. The initiative was debuted in May to coincide with the Cystic Fibrosis Foundation’s National CF Awareness Month.
JANA exec leaves Walgreens board
Activist investor Barry Rosenstein, managing partner of hedge fund JANA Partners LLC, has stepped down from the Walgreens Boots Alliance Inc. (WBA) board after reducing his investment in the company.
Opioid abuse widespread despite drop in prescriptions
Opioid prescriptions have dropped for the first time in two decades, but dealing with the threat of misuse of the powerful painkillers remains a challenge for retail pharmacies and the health care system.
Amazon poses new threat to rivals as it ramps up PL
Amazon.com Inc. reportedly is set to begin rolling out a broadly expanded lineup of private label brands as the company aims to burnish its reputation as a lower-cost retailer and bolster its efforts to sell more perishable goods.
VA turns to CVS to help improve patient access
MinuteClinic has announced a new initiative with the Department of Veterans Affairs Palo Alto Health Care System to expand access to health care services for veterans in Northern California.