Satisfaction with pharmacy remains high
Despite the numerous changes occurring in the health care industry, customer satisfaction with pharmacies remains relatively stable, according to the J.D. Power 2015 U.S. Pharmacy Study.
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Wysong sees Care Pharmacies extend his contract
Care Pharmacies has extended chief executive officer Michael Wysong’s employment contract for an undisclosed period. During Wysong’s tenure, Care Pharmacies’ sales have increased by more than 300%, and the company has gained recognition by the National Retail Federation.
Telehealth push is initiated at CVS
CVS Health is working with telehealth companies American Well, Doctor On Demand and Teladoc to explore how direct-to-consumer telehealth, retail pharmacy and retail clinic providers can improve patient care.
Rite Aid acquires Rx files from 12 A&P stores
Rite Aid Corp. has purchased pharmacy files from 12 A&P supermarkets for about $8.1 million. The deal was approved late last month in bankruptcy court. The files are from pharmacies in stores — including seven in New Jersey — that A&P earmarked for immediate closing when it filed for bankruptcy in
Bartell adds Segrave to its board
Former Walmart vice president of pharmacy Frank Segrave has joined the board of directors at Bartell Drugs. On the drug chain’s board, Segrave replaces Brian Unmacht, who was appointed as president and chief executive officer of Bartell Drugs in April.
SDM boosts support for women’s health
Shoppers Drug Mart (SDM) has unveiled a three-year, $1 million partnership with Osteoporosis Canada as part of the retailer’s new Shoppers LOVE YOU program. SDM said the alliance aims to build awareness about how to reduce the risk of osteoporosis and the broken bones that it can cause.
Mulligan becomes chief operating officer at Target
Target Corp. has promoted John Mulligan, the company’s chief financial officer, to the newly created role of executive vice president and chief operating officer.
Rite Aid’s Thompson honored at Total Store Expo
Pharmacy veteran Robert Thompson received the Harold W. Pratt Award, considered pharmacy’s highest honor, from the National Association of Chain Drug Stores during a business program at the 2015 NACDS Total Store Expo. Thompson’s pharmacy career spans nearly four decades. Joining Rite Aid Corp.
Price Chopper buys Fairway Pharmacy
Schenectady, N.Y.-based Price Chopper Supermarkets has acquired Fairway Pharmacy here.
Future belongs to tech-savvy retailers
The power of digital technology to shake up existing business models in health care and mass market retailing was a focal point for many of the executives in attendance at last month’s NACDS Total Store Expo in Denver.
The question for everyone is: What’s next?
Summer’s nearly over. The holiday selling season is a few small steps away. The back-to-school selling season is over. Halloween is here. Thanksgiving is a moment away.
NCPA to roll out lab test platform for pharmacies
Community pharmacies will be able to offer patients direct access to lab tests and health screenings via a partnership announced by the National Community Pharmacists Association.
Foulkes rises on ‘Most Powerful Women’ list
Helena Foulkes, executive vice president of CVS Health and president of CVS/pharmacy, has climbed higher on the “50 Most Powerful Women in Business” by Time Inc.’s Fortune magazine. Foulkes came in at No. 14 on the annual list this year after finishing at No. 26 in 2014.
Congress eyes health insurer consolidation
Congressional scrutiny of the recent health insurer mega-mergers is a welcome sight, according to B. Douglas Hoey, CEO of the National Community Pharmacists Association.
NBTY tabs former Coca-Cola exec as international president
Kevin Warren has joined NBTY Inc. as president of NBTY International.
Diplomat sells compounding pharmacy operation
Personalized medicine solution provider Restore Health plans to acquire the compounding pharmacy assets of Diplomat Pharmacy Inc. Financial terms of the agreement weren’t disclosed.