Study: Cost sways some people to forgo care
Cost is weighing heavily on the minds of consumers about not just how and where to get health care, but also whether to get it at all. In a survey of 1,000 U.S.
Latest
Walmart’s Q3 earnings beat expectations
BENTONVILLE, Ark. – Walmart on Tuesday reported fiscal third quarter net income of $3.30 billion, down from $3.71 billion a year ago but better than what Wall Street analysts were expecting. Comparable-store sales increased 1.5% on a traffic increase of 1.7%.
Walgreens’ Chawla joins Kohl’s as COO
MENOMONEE FALLS, Wis. – Sona Chawla, president of digital and chief marketing officer at Walgreen Co., has been named chief operating officer at Kohl’s Department Stores.
Wrigley, Mars Chocolate identify store ‘transaction zones’
Leading candy brands Wrigley and Mars Chocolate have provided some merchandising insights that give retailers guidance on in-store placement that better reflects the habits of today’s on-the-go shoppers. The Mars Inc.
CVS partners with campaign to drive primary care
CVS Health is collaborating with the “Health is Primary” campaign of Family Medicine for America’s Health (FMAHealth) to spur coordination of care between primary care providers and retail pharmacies and clinics, including CVS/pharmacy and MinuteClinic.
Perrigo shareholders nix Mylan bid
Shareholders of Perrigo Co. plc have rejected a hostile bid by Mylan N.V. to acquire the company in a deal valued at about $27 billion. Perrigo said Friday that shareholders holding more than 60% of its outstanding shares declined to tender into Mylan’s offer by the 8 a.m. ET deadline. The offer
Gallup: Pharmacies stand tall in customer service
Consumers agree that pharmacies are more than up to the task of providing superior customer service.
Employees bearing more of health costs
When it comes to health care coverage, the cost burden is continuing to shift to employees. A recent analysis by HR management consultancy Aon revealed that the average health care plan rate increase for midsize and large companies was 3.
Rite Aid launches genetic testing for Rx
Rite Aid Corp. has begun offering Harmonyx Diagnostics genetic testing for medications, making it the nation’s first drug chain to provide the service.
AB InBev, SABMiller strike deal to merge
Beer giants Anheuser-Busch InBev has reached an agreement to acquire SABMiller plc in a deal valued at about $108 billion. Clearing the way for the agreement was a deal for SABMiller to sell its 58% stake in its MillerCoors LLC joint venture to partner Molson Coors Brewing Co. for $12 billion.
Kroger to buy Roundy’s in $800 million deal
Kroger Co. plans to acquire food and drug retailer Roundy’s Inc. in a deal valued at about $800 million. Kroger said Wednesday that under the agreement it will buy all outstanding shares of Roundy’s for nearly $178 million in cash, or $3.60 per share, and assume Roundy’s $646 million in debt.
N.J. governor signs biosimilars legislation
New Jersey Gov. Chris Christie has approved legislation to create a pathway for the substitution of interchangeable biologic drugs, drawing praise from the Biotechnology Industry Organization (BIO) and BioNJ, a state biotechnology organization.
MinuteClinic expands in Missouri
MinuteClinic has opened its first retail health clinics in Springfield, Mo., with more locations to come. The CVS Health subsidiary said Tuesday that two clinics have opened inside CVS/pharmacy stores on the edge of the Missouri State University campus on Elm Street and in Southern Hills.
Hershey unveils Kisses Deluxe Chocolates
Hershey Co. has launched Kisses Deluxe Chocolates, which the company calls “the largest innovation in 25 years from one of America’s most iconic chocolate brands.
Walgreens proceeds with telehealth expansion
Walgreens has begun offering telehealth services in another 20 states under its partnership with connected health provider MDLive.
Glenmark cleared to market Lotrisone generic
Glenmark Pharmaceuticals Inc. USA has received approval from the Food & Drug Administration for clotrimazole and betamethasone dipropionate cream 1%/0.05%, a topical antifungal medication.