McKesson Corp. has agreed to acquire the German pharmaceutical distributor Celesio AG in a deal valued at about $8.3 billion (6.1 billion euros). If completed, the transaction will create a company with annual revenues of $150 billion and operations in 20 countries.
As it approaches its 125th year in business, Bartell Drugs has proven to be a survivor. Bartell Drugs chairman and CEO George D. Bartell is the grandson of the 125-year-old chain’s founder. Started in 1890 by George Bartell Sr.
With the full implementation of the Affordable Care Act rapidly approaching, efforts to enroll millions of Americans in new health plans are taking center stage in Washington and beyond. The technical failures of the federally run health insurance website, healthcare.
The federal health care insurance exchange will be fixed, Health and Human Services Secretary Kathleen Sebelius testified late last month.
The Food and Drug Administration has recommended that Vicodin and other pain medications containing hydrocodone be reclassified as Schedule II drugs. The recommendation now goes to the Department of Health and Human Services and the Drug Enforcement Administration for a final decision.
The Centers for Medicare & Medicaid Services (CMS) should take steps to ensure that states increase dispensing fees for Medicaid drugs in conjunction with the new federal upper limits (FULs) that are anticipated in 2014, contend the National Association of Chain Drug Stores and the National Communit
Baroma Healthcare International LLC, an accountable care organization (ACO) in Miami-Dade County, Fla., is collaborating with Walgreen Co. to reduce hospital readmissions and drive medication adherence.
CVS/pharmacy is celebrating 50 years of beauty care by publishing a fall “Look Book” highlighting cosmetics, hair care and other product trends from the 1960s and today. The 52-page booklet notes that CVS was founded in 1963 as Consumer Value Stores, with a focus on value and selection.
London Drugs has become the first retailer in North America to offer passport photo services including biometric imaging technology. On July 1 Canada implemented a biometric passport, or ePassport, system.
Shoppers Drug Mart has announced partnerships that it says will make it easier for its customers to shop for designer fashions or get a flu shot.
The disappearance of Kerr Drug, one of America’s elite regional drug chains, has yet to be felt. But with Walgreens closing its acquisition of the 76-store, Raleigh, N.C.
The halting performance of the federal health insurance exchange during its first weeks of operation dealt a harsh blow to everyone with a stake in the success of the Affordable Care Act.
