A bold new approach to mergers and acquisitions
measured in terms of number of deals, size of deals, or both — it may be best remembered as the year that a bold new approach to M&As that we call “neumarkets” revolutionized retailing and a
Issue 04-23-2018
The ethos that guides the industry leaders
CVS Health and Walgreens are commonly referred to as the leaders in the drug store business. The designation usually is meant to convey the scale of their operations compared to that of their competitors in the trade class (sales at Rite Aid Corp.
PBM rebates’ impact at the Rx counter
slowing growth, rising pain at the pharmacy counter — have
Panzer vows to keep NACDS focused on patients’ needs
Mark Panzer, chairman of the National Association of Chain Drug Stores, has been involved with the chain drug business for over 40 years.
IPO plan pulled by Albertsons
Albertsons Cos. has withdrawn its plan for an initial public offering. In its filing with the Securities and Exchange Commission, Albertsons noted that the registration statement for the offering was originally filed by the company on July 8, 2015, and was most recently amended on November 8, 2017.
CVS helps patients fight high Rx costs
CVS Health has revealed a new, comprehensive program designed to combat rising prescription drug prices and help patients save money on their medications.
Wellwise lets seniors take charge
Canada is aging, with nearly 1,000 citizens a day turning 65, says Scott Wilks, vice president of Shoppers Home Health Care and Wellwise at Shoppers Drug Mart (SDM). And for the first time more Canadians are over 65 than under 15.
CVS unveils kidney care, home dialysis initiative
CVS Health announced a new initiative focused on early identification of kidney disease and home dialysis for individuals with chronic kidney disease.
ACA requirements relaxed by CMS
The Trump administration has shifted more control over the Affordable Care Act marketplaces to the states and given consumers more leeway to avoid participation this year.
New look signals new approach to health care
This isn’t your father’s chain drug industry. It’s not even your older brother’s. The mergers of CVS Health and Aetna Inc. and Rite Aid Corp. and Albertsons Cos. are recasting two of the top three players and, in the process, redefining what it means to be a drug store operator.
Anderson spurs NACDS to anticipate what comes next
In the currently chaotic public policy environment, the ability of the National Association of Chain Drug Stores to remain both focused and nimble in support of its industry has been a huge asset to the NACDS membership.
Genoa hits milestone as 400th store debuts
Behavioral health pharmacy operator Genoa Healthcare has opened its 400th location, in its home state. Last month, Tukwila, Wash.-based Genoa held the grand opening of its newest pharmacy at Comprehensive Life Resources, a nonprofit behavioral health center in Renton.