CVS Caremark settles with DOJ over Part D pricing claims
CVS Caremark Corp. has agreed to pay $5.25 million under a settlement with the U.S. Department of Justice regarding allegations of false pricing information for Medicare Part D benefits.
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Jean Coutu records 2Q, first half sales gains
The Jean Coutu Group and its retail drug store network saw revenue climb in the fiscal 2013 second quarter. The company on Wednesday also reported improved operating results in the quarter but posted declined net earnings related to a sale of some of its stake in Rite Aid Corp. For the second
Shopko names interim CEO
Shopko Stores has appointed chief operating officer Mike Bettiga as interim chief executive officer. The food and drug retailer said Wednesday that Bettiga replaces CEO Paul Jones, who left the company to pursue another opportunity.
URAC specialty Rx ACOs
More than 100 new CMS Shared Savings accountable care organizations have come
walgreens flu shot vouchers chicago
To help improve flu immunization rates in underserved communities, Walgreens (NYSE, NASDAQ: WAG) and Access Community Health Network (ACCESS) are
National Association of Specialty Pharmacy Inaugural Event
The National Association of Specialty Pharmacy™ (NASP™) held its inaugural event on October 3rd at the Academy of Managed Care Pharmacy (AMCP) Educational Conference in Cincinnati. The organization also announced that Michael A. Nameth, RPh, MBA, will serve as the
H.D. Smith to buy Valley Wholesale Drug
Pharmaceutical wholesaler H.D. Smith plans to acquire regional health care distributor Valley Wholesale Drug. Terms of the deal, announced late Monday, weren’t disclosed. H.D.
Ontario expands scope of pharmacists’ practice
In a move applauded by Canadian drug chains, the Ontario government has approved regulations that allow pharmacists in the province to provide a broader range of pharmacy services, including prescription renewal.
USP standards improve Rx instructions for consumers
The U.S. Pharmacopeial Convention (USP) has released new standards that it said for the first time provide a universal approach to the format, appearance, content and language of instructions for medicines in containers dispensed by pharmacists.
Fred’s eyes pharmacy growth in 2013
Discount general merchandise chain Fred’s Inc. is looking to its pharmacy to help spur business in the new year. In reporting December same-store sales Thursday, Fred’s chief executive officer Bruce Efird pointed to specialty pharmacy and clinical services as areas for expansion.
RxAlly survey: Consumers underutilize pharmacists
A poll released by pharmacy alliance RxAlly found that pharmacists’ expertise is underutilized even though consumers are well aware of pharmacists’ acumen when it comes to medications. The online survey of more than 2,300 U.S.
Taylor Swift Store makes debut at Walgreens
Walgreen Co. has launched the Taylor Swift Store at Walgreens, a new display that showcases an array of products from the singer’s branded merchandise line.
Pessina: Walgreens-Boots partnership ‘a good fit’
There is no one architect behind the merger of Walgreen Co. and Alliance Boots. But if there were, it would be Stefano Pessina. Pessina is the executive chairman of Alliance Boots, a position he has held since 2007.
Walgreens-Boots: Making of a global player
The agreement that put Walgreen Co. and Alliance Boots on the road to an eventual merger had its origin in a global tour of innovative retailing formats undertaken by Walgreens’ management team.
Pessina: Walgreens-Boots combination ‘a good fit’
There is no one architect behind the merger of Walgreen Co. and Alliance Boots. But if there were, it would be Stefano Pessina. Pessina is the executive chairman of Alliance Boots, a position he has held since 2007.
American Pharmacy Alliance, ValueCentric partner on Rx data delivery
The American Pharmacy Alliance (APA) and health IT provider ValueCentric have entered into a strategic agreement to jointly deliver data solutions connecting pharmaceutical manufacturers with store-level data for community pharmacies.