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NACDS acts on board nominees

The National Association of Chain Drug Stores board of directors was expected to approve a slate of new officers for the 2012/13 year at a session held here on April 21, the first day of the NACDS Annual Meeting. Greg Wasson, president and chief executive officer of Walgreen Co., was in

Walmart offers Rx benefits plan

Wal­mart is teaming up with Humana Pharmacy Solutions Inc. to offer employers a pharmacy benefits plan guaranteeing up to 20% off prescription costs. The new Walmart Rx Network offers self-insured employers an average of 10% savings on their annual average prescription price.

Pharmacy groups sue to block PBM merger

The National Association of Chain Drug Stores and the National Community Pharmacists Association (NCPA) have filed a lawsuit to block the merger of pharmacy benefit managers (PBMs) Express Scripts Inc. and Medco Health Solutions Inc.

Lawmakers learn about power of Rx

Hundreds of chain drug executives, pharmacists and pharmacy students from across the country converged on Capitol Hill last month to lobby lawmakers about the vital role community pharmacy plays in the nation’s health care system.

CVS sets PBM succession plan

CVS Caremark Corp. has announced succession plans for the leadership of its pharmacy benefit management (PBM) business. Jon Roberts, executive vice president and chief operating officer of Caremark Pharmacy Services, will take the title of president, now held by Per Lofberg, as of September 1.

CVS decides to pull the plug on Beauty 360 concept

CVS Caremark Corp. plans to shutter its Beauty 360 outlets in order to focus on its core beauty ­business. The drug chain is slated to close its 25 luxury beauty outlets, as well as the beauty360.com website, by May 19. Beauty 360 debuted in November 2008 alongside a CVS/pharmacy store at Dupont

FMI, GMDC plan joint show

The Food Marketing Institute (FMI) and Global Market Development Center (GMDC) have agreed to team up to offer a conference on health, beauty and wellness next year. The event, scheduled for May 31 to June 4, 2013, at the JW Marriott Hill Country in San Antonio, is being geared to food retailers

Ban on Medi-Cal cuts is upheld on appeal

A federal appeals court here has denied attempts by California’s Department of Health Care Services to suspend a lower court’s earlier decision to block cuts in Medi-Cal, the state’s Medicaid program. The U.S.

The Walgreens Way to Well

Walgreen Co. has launched the Walgreens Way to Well Health Tour with the National Urban League (NUL) as a charitable component of the drug chain’s Way to Well Commitment, a four-year, $100 million effort aimed at improving the everyday health of Americans.

‘Draconian’ Tricare plan blasted

Congressional approval of President Obama’s budget proposals to increase Tricare beneficiary out-of-pocket expenses would force patients away from community pharmacies and into mail-order programs, the National Association of Chain Drug Stores says.