Cardinal Health has opened a research and development facility dedicated to reducing the estimated $5 billion wasted each year in the health care supply chain for devices and implantables. The Healthcare Supply Chain Innovation Lab, a 20,000-square-foot facility in Concord, Mass.
Federal Reserve policy makers have just two more chances to raise short-term interest rates this year after taking a pass earlier this month and holding rates at their historically low levels for at least a while longer.
Restore Health announced this month it has entered into an agreement to acquire the compounding pharmacy assets of Diplomat Pharmacy Inc. Financial terms of the agreement weren’t disclosed.
The major provisions of the Patient Protection and Affordable Care Act have been in effect for almost two years now, enough time to undertake an interim analysis of the controversial law’s impact on the health care system.
The ranks of the founding families, the leaders who collectively framed and built the chain drug store business in America, are thinning at an alarming rate.
How many times have you seen an image of a product and had your interest piqued, only to view the item firsthand and have the thought, “That’s not what I was expecting.” It’s common, especially among home buyers.
The health and wellness landscape is changing, and retailers able to navigate it will be better positioned for success. That ability and the capacity to build networks were key points made at the 2015 NACDS Total Store Expo in Denver by the National Association of Chain Drug Stores’ top two leaders.
Lauren Brindley has joined Walgreens as group vice president and general merchandise manager for beauty and personal care. She succeeded Shannon Curtin, who left to pursue other opportunities.
Cigarette purchases across the retail spectrum have declined measurably in the year since CVS/pharmacy banned tobacco sales, CVS Health reported this month.
Despite the numerous changes occurring in the health care industry, customer satisfaction with pharmacies remains relatively stable, according to the J.D. Power 2015 U.S. Pharmacy Study.
Care Pharmacies has extended chief executive officer Michael Wysong’s employment contract for an undisclosed period. During Wysong’s tenure, Care Pharmacies’ sales have increased by more than 300%, and the company has gained recognition by the National Retail Federation.
CVS Health is working with telehealth companies American Well, Doctor On Demand and Teladoc to explore how direct-to-consumer telehealth, retail pharmacy and retail clinic providers can improve patient care.
Rite Aid Corp. has purchased pharmacy files from 12 A&P supermarkets for about $8.1 million. The deal was approved late last month in bankruptcy court. The files are from pharmacies in stores — including seven in New Jersey — that A&P earmarked for immediate closing when it filed for bankruptcy in
Former Walmart vice president of pharmacy Frank Segrave has joined the board of directors at Bartell Drugs. On the drug chain’s board, Segrave replaces Brian Unmacht, who was appointed as president and chief executive officer of Bartell Drugs in April.
Shoppers Drug Mart (SDM) has unveiled a three-year, $1 million partnership with Osteoporosis Canada as part of the retailer’s new Shoppers LOVE YOU program. SDM said the alliance aims to build awareness about how to reduce the risk of osteoporosis and the broken bones that it can cause.
Target Corp. has promoted John Mulligan, the company’s chief financial officer, to the newly created role of executive vice president and chief operating officer.
