Skip to content

News

Wellwise lets seniors take charge

Wellwise lets seniors take charge

Canada is aging, with nearly 1,000 citizens a day turning 65, says Scott Wilks, vice president of Shoppers Home Health Care and Wellwise at Shoppers Drug Mart (SDM). And for the first time more Canadians are over 65 than under 15.

ACA requirements relaxed by CMS

The Trump administration has shifted more control over the Affordable Care Act marketplaces to the states and given consumers more leeway to avoid participation this year.

New look signals new approach to health care

New look signals new approach to health care

This isn’t your father’s chain drug industry. It’s not even your older brother’s. The mergers of CVS Health and Aetna Inc. and Rite Aid Corp. and Albertsons Cos. are recasting two of the top three players and, in the process, redefining what it means to be a drug store operator.

Former GSK CEO chosen to head Optum

UnitedHealth Group has tapped former GlaxoSmithKline PLC (GSK) chief executive officer Sir Andrew Witty as the next CEO of Optum, its health services, technology and pharmacy benefits management unit. The appointment is effective July 1.

CVS’ commitment to tobacco-free generation

CVS Health announced plans to provide $10 million in support of programs to dissuade youths from smoking as the company kicked off year three of its “Be The First” campaign to help deliver the nation’s first tobacco-free generation.

Ontario makes drug access an issue

The premier of Ontario, Kathleen Wynne, has promised that the provincial Liberal party will make prescription drugs free for residents age 65 and older if it is reelected in June. Pharmacy organizations in Canada hailed the announcement.

Senators target ‘Rx gag clauses’

Three senators last month introduced legislation that they say will bring more transparency to prescription drug pricing. Sens. Susan Collins (R., Maine), Claire McCaskill (D., Mo.) and Debbie Stabenow (D., Mich.) introduced the Patient Right to Know Drug Prices Act (S.

Rite Aid finishes store transfers to WBA

Rite Aid Corp. has completed the transfer of 1,932 stores purchased by Walgreens Boots Alliance Inc. The transfer of three distribution centers and related inventory is expected to begin after September 1. The majority of the closing conditions of WBA’s $4.

Shareholders approve merger of CVS, Aetna

CVS Health has moved a step closer to completing its acquisition of insurer Aetna Inc. after stockholders of both companies overwhelmingly approved the deal. The combination must still pass the scrutiny of regulators, ­however.