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Issue 02-08-2016

Pessina says WBA is on track for better things

Pessina says WBA is on track for better things

Stefano Pessina likes what he sees after Walgreens Boots Alliance (WBA) finished its first full year as a unified company. WBA’s executive vice chairman and chief executive officer told shareholders at its annual meeting here that the company expects its deal to acquire Rite Aid Corp.

Administration keeps tinkering with ACA

Administration keeps tinkering with ACA

The Obama administration continues to alter the Affordable Care Act and propose changes to Medicaid funding as it seeks to increase the number of Americans who have health insurance and slow the pace of medical cost ­inflation.

Walgreens scales back on Theranos

Walgreen Co. has advised Theranos Inc. that it must stop sending clinical lab tests provided through Theranos Wellness Centers at Walgreens to the Theranos lab in Newark, Calif. The drug chain also said that it is suspending Theranos Inc. laboratory testing at its Palo Alto, Calif.

Leger tabbed to head pharmacy at SDM, Loblaw

Leger tabbed to head pharmacy at SDM, Loblaw

Jeff Leger has been named executive vice president of pharmacy and health care for both Loblaw and Shoppers Drug Mart stores. He had been senior vice president of Loblaw pharmacy and pharmaceutical partnerships. Leger took the new role following the departure of Dr.

CVS forms new health care partnerships

CVS Health has announced new clinical affiliations with health care providers in four states and said the partnerships will improve customers’ access to health care and improve their medication adherence.

Pharmacy Savings Plus is rolled out by Kmart

Kmart has introduced Pharmacy Savings Plus, a program designed to help shoppers who are uninsured or underinsured as well as those who pay cash for some or all of their prescriptions to save on medications and other pharmacy products and services. The company, a subsidiary of Sears Holdings Corp.

Hy-Vee names COO, pharmacy innovation exec

Hy-Vee Inc. executive vice president and chief retail officer Jay Marshall has been named chief operating officer, becoming only the fourth person in the company’s history to hold that title.

Chain Drug Consortium adopts new name

The Chain Drug Consortium LLC (CDC) has changed its name to Pharmacy Value Alliance LLC. The new banner, the consortium said, better reflects the community pharmacy focus of its approximately one dozen regional drug chain members.

Big Point Event gets under way at Rite Aid

Rite Aid Corp. is giving members of its wellness+ with Plenti rewards program a chance to get a big jump in points. Through February 27, members can earn 5,000 Plenti points when they spend up to $200 on participating products in stores or at RiteAid.com via the drug chain’s “Big Point

Advocate Health Care to operate 56 Walgreens clinics

Advocate Health Care to operate 56 Walgreens clinics

Walgreen Co. is turning over the operation of 56 Chicagoland in-store Healthcare Clinics to Advocate Health Care, the largest health system in Illinois. Advocate will lease the space in the Walgreens stores to run the walk-in medical clinics.

Cardinal Health offers advice on Star ratings

Pharmacists can learn how to increase their business and position themselves at the forefront of preferred network access through a 31-stop town hall tour that Cardinal Heath is conducting throughout the United States.

Care Pharmacies tabs Ey as VP of Rx Operations

Care Pharmacies has promoted Mark Ey to vice president of pharmacy operations. He will lead all chain-level operational functions. “We are very excited to have Mark take on an increased level of responsibility within the drug chain,”stated Michael Wysong, chief executive officer.