Walgreens settles two lawsuits
Walgreens Boots Alliance has agreed to pay more than $269 million to settle federal and state lawsuits that accused the retailer of overbilling federal health-care programs. The pharmacy chain will pay $209.
Retail News
CVS Health’s Accordant awarded NCQA accreditation for case management
Accordant, a CVS Health company, announced today that it has received Case Management Accreditation from NCQA for three years. This accreditation is awarded to organizations that demonstrate compliance with the rigorous Case Management Program standards.
Rite Aid Foundation awards $2 million to 2019 class of KidCents charities
As part of its ongoing efforts to improve the lives of children in the communities it serves, The Rite Aid Foundation is welcoming a new class of charities into its KidCents program for 2019, offering grants to nonprofits that advance the health and wellbeing of children. A total of 416 charities
Benzer Pharmacy names Chilcott chief technology and marketing officer
Benzer Pharmacy has hired accomplished retail pharmacy and health care technology expert Meghann Chilcott to lead future decision-making efforts as the company’s new chief technology and marketing officer.
CVS Health honored for 5th time in a row by Fortune magazine
CVS Health today was recognized by Fortune magazine as one of the World’s Most Admired Companies for the fifth consecutive year. CVS Health was honored as No. 35 on the annual rankings of the world’s most respected and reputable corporations, up four spots from 2018. The company was also ranked No.
An introduction to the coming cannabis ‘gold rush’
Editor’s note: This is Part I of an article that ran in the 1/21/19 issue of CDR.
CVS, Walmart reach new PBM network deal
CVS Health and Walmart today announced the companies have reached a multi-year agreement on terms under which Walmart will continue participating in the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks.
Albertsons Cos. chooses EQuIPP for Rx performance reporting, tracking
Albertsons Cos. has selected EQuIPP Analytics from Pharmacy Quality Solutions (PQS) for enhanced reporting and tracking capabilities related to pharmacy performance measures. EQuIPP will allow Albertsons Cos.
Shopko files for Chapter 11 bankruptcy
Shopko Stores Operating Co. announced today that it has filed for Chapter 11 bankruptcy protection. The retailer reported that it would also be closing 38 stores as part of a reorganization process that was prompted by “excess debt and ongoing competitive pressures.
Nebraska, New Mexico the top areas in Walgreens Flu Index
Nebraska, New Mexico and Kentucky are in the top slots for State Flu Activity in Walgreens Flu Index for the week ending January 12, 2019.
Lampert wins bid to keep Sears open for now
Sears Holdings Corp. chairman Eddie Lampert won out in a bankruptcy auction for the U.S. department store operator with an improved takeover bid of roughly $5.2 billion, allowing the 126-year-old retailer to keep its doors open, The Wall Street Journal and other published sources reported Wednesday.
Loblaw’s president Davis to assume more responsibilities
Loblaw Cos. announced that Sarah Davis will assume expanded responsibilities in her role as president.
Kroger’s McMullen makes five key predictions for the future of retail at NRF
Kroger Co. chairman and chief executive officer Rodney McMullen provided his outlook on the future of retail at the NRF 2019: Retail’s Big Show here during a dynamic keynote presentation themed Restocking the future: Kroger’s insatiable appetite to play and win the long game.
WBA, Microsoft pair to transform health care
Walgreens Boots Alliance Inc. (WBA) and Microsoft Corp. have teamed up to develop new health care delivery models, technology and retail innovations to advance and improve the future of health care.
Walmart to leave two CVS Caremark networks
CVS Health announced Tuesday that Walmart has opted to leave the CVS Caremark pharmacy benefit management (PBM) commercial and Managed Medicaid retail pharmacy networks.
GIANT Unveils Marty the Robot
GIANT Food Stores said Monday it is introducing a robotic assistant — named Marty — to its 172 stores to identify hazards, such as liquid, powder and bulk food spills, and provide reporting that enables quick corrective action.