‘Health, daily living’ focal point of Walgreens stores
Walgreen Co. is ideally positioned for “the retailization of health care,” president and chief executive officer Greg Wasson said at the company’s Analyst Day conference.
Issue 11-22-2010
Final AMP rule marks big victory for Rx
Community pharmacy groups won a major victory earlier this month in their continuing battle to stem reductions in pharmacy reimbursement.
Medicaid fight flares up in Washington
A move by Washington state officials that could result in the loss of prescription drug benefits for about 500,000 adults whose prescriptions are covered by Medicaid has been described as a “perilous situation” by the National Association of Chain Drug Stores.
BioScrip names Smith chief executive
Richard Smith has been promoted from president and chief operating officer to chief executive officer at BioScrip Inc. Plans call for Smith to take the chief executive reins at the pharmacy operator January 1.
Same-store growth proves difficult
Same-store sales growth has been hard to come by for the nation’s largest pharmacy chains of late, but business prospects for mass retailing overall look a bit brighter heading into the holidays. Walgreen Co. and Rite Aid Corp. both saw declines in comparable-store sales for October.
Navarro bolsters executive team
Navarro Discount Pharmacy has strengthened its management team with the hiring of three new executives.
Online Care service goes live at Rite Aid
Rite Aid Corp. has launched Rite Aid Online Care, a new service that enables patients with chronic conditions to engage in live, interactive consultations with specially trained Rite Aid pharmacists via the Internet.
Pharmaca forms integrative health advisory board
Pharmaca Integrative Pharmacy has established an Integrative Health Advisory Board. Members of the panel, all medical doctors, will contribute their expertise to help Pharmaca inform consumers, health care professionals and the media about safe, effective use of integrative medicine.
Duane Reade clinics receive boost
Walk-in health clinics at Duane Reade can now accept Medicare payments for routine health services provided to senior citizens. The Centers for Medicare & Medicaid Services has certified New York Walk-In Medical Group to receive payments for services under the Medicare program.
NACDS asks FDA to raise standards for drug info
The National Association of Chain Drug Stores has called on the Food and Drug Administration to improve the usefulness of medication information that patients get with prescription drugs. NACDS outlined its views in a recent letter to the agency.
Cohen recalls Duane Reade’s emergence
in late 1959 to be precise — Eli Cohen, a 33-year-old entrepreneur with a retailing background that leaned heavily to apparel, opened a 500-foot “cut-rate” store on Broadway, between Duane and Reade streets, in Manhattan. The store mainly sold health and beauty aids, and its appeal, at a time when
Election results create uncertainty for Rx
The Republican tidal wave that swept through the nation’s political landscape earlier this month altered the balance of power in Washington and many state capitols and, in the process, created a greater degree of uncertainty for retail pharmacy operators.