Growth of the U.S. over-the-counter medications market has been primarily driven by prescription-to-OTC switches And that expansion is likely to continue. Due to an increasingly favorable regulatory environment, Kline & Co.
Rite Aid Corp. announced that all of the company’s nearly 4,600 stores nationwide will accept mobile payments, including Apple Pay and Google Wallet. The drug chain began accepting Apple Pay and Google Wallet payments as of August 15.
Walgreens and Rite Aid have launched their annual flu shot campaigns, providing a range of vaccine options and making it easy to visit the pharmacy and get vaccinated.
John Balch was named 2015 Medicine Shoppe Franchisee of the Year during Cardinal Health Inc.’s annual Retail Business Conference (RBC). Balch, based in Cumberland, Md.
At ThoughtSpot 2015, Good Neighbor Pharmacy’s annual trade show and conference, AmerisourceBergen announced a new set of innovations it said will strengthen its Pharmacy Services Administration Organization and help independent pharmacies endure the industry’s most pressing challenges.
Dollar General Corp. announced that James Thorpe has rejoined the company as executive vice president and chief merchandising officer. Thorpe had retired from the company in 2012 after serving for six years as senior vice president and general merchandising manager.
As chief executive officer of Walgreens Boots Alliance Inc. (WBA), Stefano Pessina says he will provide management stability, enabling the company to focus on its operational and strategic tasks.
Total U.S. health care spending growth is expected to average 5.8% in aggregate over the 2014-2024 period, according to a report published in Health Affairs and written by members of the Centers for Medicare & Medicaid Services’ Office of the Actuary.
Rite Aid Corp. has announced the appointment of Bryan Everett as executive vice president of store operations, effective August 3. He is one of three recent additions to the company’s executive ranks. Everett’s appointment was announced in late June.
CVS Health and IBM Corp. are partnering to provide patients suffering from chronic diseases with improved services for health care management.
Medicare and Medicaid recently passed the half-century mark, and the National Association of Chain Drug Stores envisions an enhanced role for pharmacists in both programs, particularly Medicaid. Congress, too, is looking for opportunities to strengthen and sustain Medicaid.
Diplomat Pharmacy Inc. is a growing company in a quickly growing industry. The specialty pharmacy provider has made the most of its independence, says chairman and chief executive officer Phil Hagerman, and continues to do so after last year’s initial public offering.
One of the nation’s leading retail drug chains has teamed up with a pioneer in patient- and provider-driven health care technology. Last month, Rite Aid Corp. and HealthSpot announced the opening of HealthSpot stations in 25 Rite Aid pharmacies in Ohio.
Jeff Berkowitz, president of Pharma and Global Market Access at Walgreens Boots Alliance Inc., has left the company. Berkowitz also was a WBA executive vice president.
Loblaw Cos. will shutter 52 underperforming stores, including Shoppers Drug Mart units, over the next year, giving up revenue to boost its bottom line. Canada’s No.
Jack Futterman, who during the 1990s served as chairman and chief executive officer of Pathmark Stores Inc. and also a term as chairman of the National Association of Chain Drug Stores, has died at age 82.
