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Opinion

All firms need to prepare for health care reform

It is widely recognized that the health care reform legislation enacted last year will have a profound effect on patients and providers. Less apparent is the impact the Affordable Care Act will have on employers and the people who work for them.

Once again, Walmart impacts health care

New evidence of Walmart’s ability to influence the development of the health care market emerged last month when UnitedHealthcare and its Prescription Solutions division teamed up with Kroger Co. and Safeway Inc.

Cohen recalls Duane Reade’s emergence

in late 1959 to be precise — Eli Cohen, a 33-year-old entrepreneur with a retailing background that leaned heavily to apparel, opened a 500-foot “cut-rate” store on Broadway, between Duane and Reade streets, in Manhattan. The store mainly sold health and beauty aids, and its appeal, at a time when

Election results create uncertainty for Rx

The Republican tidal wave that swept through the nation’s political landscape earlier this month altered the balance of power in Washington and many state capitols and, in the process, created a greater degree of uncertainty for retail pharmacy operators.

Retail merchants who understand the game

In the mass retailing firmament, the retailer is king. For industry suppliers, a primary objective is getting close to the retail merchants who make the key decisions affecting their products. There’s no new news in the previous paragraph.

R&D may be casualty as Rx makers retrench

If a new survey of pharmaceutical executives whose companies account for more than 40% of the industry’s global revenue is any indication, an era characterized by a remarkable level of innovation may be drawing to a close.

Cost of health care yet to be addressed

During the National Association of Chain Drug Stores’ Pharmacy and Technology Conference at the end of August, Steve Anderson, the organization’s president and chief executive officer, was heard to say that when it comes to health care reform he used to think we were in the fourth inning of a nine-i

NACDS has clear view of pharmacy’s course

The great American historian Henry Adams wrote, “Chaos often breeds life, when order breeds habit.” If that’s the case, retail pharmacy finds itself in an environment that makes the profession ripe for rejuvenation.