Democrats in the House and the Senate are now working to reconcile their visions of health care reform legislation, hoping to pass a final bill before President Obama’s State of the Union address. As expected, the Senate passed its version of the bill in a 60-39 party-line vote on Christmas Eve.
A new study by the Government Accountability Office (GAO) provides support for community pharmacy’s efforts to reform Medicaid reimbursement rates. The study, requested by Sen. Charles Grassley (R.
Citing recent reductions in Medicaid reimbursement rates, Bartell Drugs has said it will stop filling Medicaid prescriptions at 15 of its 57 stores, effective February 1.
Navarro Discount Pharmacies has named Steve Kaczynski as its new chief executive officer. He succeeds Marcio Cabrera, who filled the role on an interim basis while serving as managing director of MBF Healthcare Partners, which owns the 28-store Navarro chain.
Community pharmacies across the country began offering H1N1 vaccines late last month after state health agencies lifted priority group restrictions on the inoculations.
In another round of executive changes at Walgreen Co., Mike Arnoult has been appointed vice president of Customer-Centric Retailing (CCR), the retailer’s store optimization initiative. As the head of CCR, Arnoult replaces Chong Bang, who left in December to join Shoppers Drug Mart.
Despite the lingering recession, the chain drug industry finished 2009 with solid gains in revenue. Overall drug store chain sales for the year rose 7.4% to $226.11 billion, while same-store sales grew 3.4%, according to research by Racher Press, publisher of Chain Drug Review.
Rite Aid Corp. has set out to make shopping its stores fun, and possibly profitable, by launching a contest promotion based on a classic board game. Called Rite Aid The Game of Life, and based on the Hasbro Inc. game, the promotion gives customers the chance to win $5 million in
Chain drug retailing has changed dramatically in the first decade of the 21st century. Nowhere have those changes been more evident than in the character and content of the National Association of Chain Drug Stores.
The new year promises to be pivotal for retail pharmacy, with internal and external factors coalescing to shape the profession’s future direction.
