Walmart knows customers want to save not just money but also time. To meet that customer need, the retailer has introduced Walmart Pay — “a fast, easy and secure way for customers to pay with their smartphones in Walmart stores.
A bipartisan group of congressional representatives is urging that retail pharmacists play a part in a new initiative designed to improve the use of medication therapy management in Medicare.
Diplomat Pharmacy Inc. has been awarded full Specialty Pharmacy reaccreditation by URAC, a Washington, D.C.-based health care accrediting organization that establishes quality standards for the health care industry. Diplomat has been fully accredited for specialty pharmacy since 2012.
In many significant ways, the chain drug store business looks very different at the start of 2016 than it did a year ago.
Christmas is over, yesterday’s news. And the mass retailing community is scampering to assess its impact on sales, earnings and the future. For chain drug retailers, this holiday selling season, like so many before it, was acceptable, if hardly record-setting.
Former longtime Walgreens executive George Riedl has been named president of health and wellness at Walmart. He succeeds Labeed Diab, who left Walmart to join Brookdale Senior Living Inc. as chief operating officer. Riedl most recently was president of Advanced Marketing & Sales Inc.
UnitedHealth Group Inc. may pull out of Affordable Care Act health insurance exchanges in 2017 after losing what it said were hundreds of millions of dollars on policies sold under the law.
Health care spending in the United States last year exceeded $3 trillion as five years of slow growth was replaced by the Affordable Care Act’s expansion of Medicaid and private health insurance coverage. Prescription drug prices accelerated as well.
Despite widespread criticism over the issue of tax inversions, legal experts say that current regulatory restrictions in the United States are unlikely to block the $160 billion merger deal announced by U.S. pharmaceutical giant Pfizer and Ireland-based drug manufacturer Allergan Inc.
Americans prefer generic drugs to brands for both prescription and over-the-counter drugs, according to a new Harris Poll. Among those who purchase prescription drugs for themselves, nearly seven in 10 (69%) say, given a choice, they would opt for generics more often.
Sona Chawla has left Walgreens to join Kohl’s Corp. as chief operating officer, a new position. She reports to chairman, president and chief executive officer Kevin Mansell. Chawla, who had been president of digital and chief marketing officer at Walgreens, joined Kohl’s at the end of last month.
AmerisourceBergen Corp. announced last month that Steve Collis, the company’s chief executive officer, will succeed company chairman Richard Gozon next year. The company has also adopted measures to make it easier for certain shareholders to nominate directors to the board.
Shoppers Drug Mart (SDM) has debuted its sixth and seventh enhanced beautyBOUTIQUE store-within-a-stores in Ottawa and Montreal. The Ottawa boutique was unveiled at a store in the Rideau Centre. The Montreal boutique, named galerieBEAUTÉ, was unveiled in a Pharmaprix unit on Rue Sainte-Catherine.
Consumers agree that pharmacies are more than up to the task of providing superior customer service.
CVS Health announced a suite of new digital tools last month aimed at helping customers manage their health with more ease and efficiency. The company noted that the new digital tools were developed specifically to address issues facing CVS Health customers.
As Albertsons weighs staging an initial public offering it had originally planned for October, it is expanding with the purchase of 33 stores it had been forced last year to divest.
