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Issue 09-28-2015

Clout of Barra, Foulkes recognized

Clout of Barra, Foulkes recognized

Chain drug executives Helena Foulkes and Ornella Barra are among the “Most Powerful Women” in business listed by Fortune magazine. Foulkes, president of CVS/pharmacy, was ranked 14th on the list of 51 women in the U.S.

Uninsured rate continues to fall

Supporters of the Patient Protection and Affordable Care Act (ACA) hailed a recent Census Bureau report that the percentage of people without health insurance coverage declined by 2.9 percentage points last year, from 13.3% to 10.4%. That’s a reduction of 8.

Ausili, Brainard join staff at NACDS

The National Association of Chain Drug Stores (NACDS) announced a pair of personnel moves this month, including the appointment of Jason Ausili as director, pharmacy affairs, effective September 28.

Albertsons, McKesson expand deal

McKesson Corp. and Albertsons Cos. announced the signing of a five-year distribution agreement to include the sourcing and distribution of both branded and generic ­pharmaceuticals.

Proper use of Rxs cuts other health care costs

An examination of data on more than 1.5 million Medicaid enrollees found that when prescription drugs are taken appropriately as prescribed by a physician there is a reduction of other medical costs for certain Medicaid populations.

Robinson, former Perry CEO, dies at 85

Jack Robinson, who was the founder, chairman and chief executive officer of Perry Drug Stores, died earlier this month. He was 85. Robinson founded Perry in 1957, when he opened his first store in Pontiac, Mich.

Express Scripts picks next CEO

George Paz will retire as Express Scripts Holding Co.’s chief executive officer in May, making way for president Tim Wentworth to take over, the company said earlier this month. Paz, 60, has been CEO at Express Scripts for a decade.