Diplomat Pharmacy has announced three promotions within the company’s executive leadership team. Atheer Kaddis has been appointed executive vice president of sales and strategic alignment, a position in which he coordinates Diplomat’s strategies within the business units.
The Supreme Court has ruled that health insurers do not have to share data, including information about how much they pay for medical claims, with state agencies. The 6-2 decision is seen as a blow to state government efforts to track health care costs within their jurisdictions.
CVS Health says that prescription drug trend for its pharmacy benefit management clients dropped to 5% in 2015 from a high of 11.8% in 2014. The trend drivers — including brand, specialty and generic price inflation — were similar to what was seen in 2014, but CVS Health asserts that its pharmacy
Pharmasave Ontario Ltd. is continuing its steady expansion. Part of the Pharmasave Drugs National Ltd. cooperative, Pharmasave Ontario plans to open seven new stores in the first quarter. Several other stores are slated for late spring openings.
The Chain Drug Marketing Association’s 90th annual Trade Expo was hailed by participants as one of the organization’s best. “CDMA continues to hit it out of the park,” said Lanny Doud, executive director of QualityCare Pharmacies.
Good Day Pharmacy said it had been named best in class by OutcomesMTM, a Cardinal Health company that designs, delivers and administers medication therapy management programs. Good Day Pharmacy is an independently owned pharmacy chain under the Health Mart umbrella.
Blood pressure kiosks in retail pharmacies are a key focus of an international effort by hypertension organizations to tighten the regulation of consumer BP devices.
The National Association of Chain Drug Stores announced that Vonnie Hampel has been hired as the association’s new director of federal government affairs. Hampel most recently worked as senior legislative assistant, press secretary and manager of health policy issues for Iowa Democratic Rep.
Rite Aid Corp. has begun making talking prescription devices available to help its pharmacy customers with visual impairments.
CVS Health has debuted its first rebranded pharmacies inside Target Corp. stores. The pharmacies, in six stores in North Carolina, are being operated through a store-within-a-store format under the CVS/pharmacy banner. CVS, which completed its $1.
Rite Aid Corp. stockholders voted overwhelmingly this month to approve the company’s $17.2 billion acquisition by Walgreens Boots Alliance Inc. (WBA). Some 97% of the votes cast at a special meeting of stockholders were in favor of the deal.
Albertsons Cos. is expanding the role of Mark Panzer, who joined the company last spring as senior vice president of pharmacy, health and wellness. The retailer announced early this month that it was also putting Panzer in charge of general merchandise and health and beauty aids.
Stakeholders in chain pharmacy understandably direct a lot of attention to the giants of the industry, such companies as CVS Health, Walgreens Boots Alliance, McKesson and Kroger.
Twenty of the country’s largest corporations, including American Express Co., Coca-Cola Co. and Macy’s Inc., have banded together to rein in employee health care costs.
In an effort to stem the misuse of prescriptions and the rising incidence of overdoses, Walgreen Co. recently announced the launch of a new initiative to combat drug abuse.
The newest Duane Reade store has taken the chain’s integration with parent company Walgreens to another level while attracting thousands of customers daily with distinctive offerings. The store opened in January.
