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Merlo: Integrated care sets CVS Health apart

Merlo: Integrated care sets CVS Health apart

CVS Health’s integrated pharmacy care model makes it a “partner of choice” in the health care arena, president and chief executive officer Larry Merlo said at the company’s annual Analyst Day event in Manhattan.

NACDS hails rule relaxing access to pharmacy rewards

NACDS hails rule relaxing access to pharmacy rewards

The Department of Health and Human Services (HHS) is giving pharmacies more flexibility to extend their reward and loyalty programs to beneficiaries in government programs such as Medicare and Medicaid, according to the National Association of Chain Drug Stores.

McKesson cleared to acquire Rexall

McKesson cleared to acquire Rexall

McKesson Corp. has been given the green light from the Competition Bureau of Canada to finalize its $2.2 billion acquisition of drug chain Rexall Health.

NCPA extends digital health pact with RxWiki

NCPA extends digital health pact with RxWiki

The National Community Pharmacists Association has entered a five-year agreement with digital health provider RxWiki Inc. NCPA said Tuesday that the pact extends an existing agreement with RxWiki and secures the association members’ benefits through 2021.

NACDS adds to federal government affairs team

NACDS adds to federal government affairs team

William Tighe has been named vice president of federal government affairs and Amber Manko as director of federal government affairs at the National Association of Chain Drug Stores. NACDS said Tighe joined the association on Dec. 12, while Manko had started in her post on Nov. 28.

Walgreens eyes more efficient health care

Walgreens eyes more efficient health care

In a country where health care is rife with wasted time and money, Walgreens is committed to making pharmacy more efficient. One measure of the practice’s current inefficiency, says Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance Inc.

Fred’s posts 3Q loss, plans to close 40 stores

Fred’s posts 3Q loss, plans to close 40 stores

In reporting a net loss for its fiscal 2016 third quarter, Fred’s Inc. said it plans to shut 40 underperforming stores in the first half of next year. Fred’s also announced at the start of its earnings call Thursday that it wouldn’t take any questions from analysts following its quarterly report —

Rite Aid re-ups with SciQuest global sourcing tool

Rite Aid re-ups with SciQuest global sourcing tool

Rite Aid Corp. has renewed its use of SciQuest’s Advanced Sourcing Optimizer (ASO) global sourcing software. SciQuest said Wednesday that Rite Aid, the nation’s third-largest drug chain, is a longtime customer and uses ASO to source major indirect spend categories.