It is a pivotal juncture for the beauty care category in the drug channel. Retailers and brands need to devise a game plan to wrest the business away from prestige power players. Sales in cosmetics, skin care and grooming are firing on all cylinders — but sadly, not in the mass beauty
Amazon.com plans to offer discounts on its Amazon Prime service to Medicaid recipients. Low-income individuals who are eligible for the government health insurance program will be able to sign up for Prime for $5.99 a month, a $7 discount from its standard monthly cost of $12.99.
Total health care spending in the U.S. climbed to $3.4 trillion in 2016 and is expected to reach $5.5 trillion by 2020, according to the Centers for Medicare and Medicaid Services.
A group of senators are sponsoring legislation to bring more prescription drug pricing transparency to the pharmacy counter. Sens. Susan Collins (R., Maine), Claire McCaskill (D., Mo.) and Debbie Stabenow (D., Mich.) yesterday introduced the Patient Right to Know Drug Prices Act (S.
Behavioral health pharmacy operator Genoa Healthcare has opened its 400th location in its home state. Tukwila, Wash.-based Genoa on Thursday held the grand opening of its newest pharmacy at Comprehensive Life Resources, a nonprofit behavioral health center in Renton.
The types of medicines being developed, the way technology contributes to health and how the value of health is calculated are all changing dramatically, according to a new report from the IQVIA Institute for Human Data Science.
Shareholders of CVS Health voted overwhelmingly to approve the company’s $69 billion deal to acquire health insurer Aetna Inc.
Continuing cross-segment consolidation in the health care arena, health insurer Cigna Corp. plans to acquire pharmacy benefits manager Express Scripts in a $67 billion cash and stock deal.
George Riedl, senior vice president at Walmart and president of the Walmart Health and Wellness division, is leaving the company. A Walmart spokeswoman said Wednesday that Riedl, a key pharmacy executive at the retail giant, is slated to depart on March 16.
Rite Aid Corp. is winding down its asset sale to Walgreens Boots Alliance (WBA) with the ownership transfer of 537 more stores. Rite Aid said Tuesday that as of March 2, it has transferred 1,651 stores and related assets to WBA for cash proceeds of $3.6 billion. The process has progressed
Albertsons Cos. has tapped retail veteran Jim Donald, former president and chief executive officer of Starbucks, to serve as its new president and chief operating officer.
The National Association of Chain Drug Stores took part in yesterday’s White House Opioid Summit and continues to give retail pharmacy’s take on how to combat the opioid abuse epidemic.
The New York City Department of Health is collaborating with Walgreens to offer free flu shot vouchers at select stores across the boroughs.
Shoppers Drug Mart has expanded its access to medical marijuana products by entering a supply agreement with Aurora Cannabis Inc. Aurora said Tuesday that under the pact it will supply Shoppers Drug Mart with Aurora-branded medical cannabis products.
The Food and Drug Administration has begun efforts to improve flu vaccine effectiveness, according to FDA commissioner Scott Gottlieb.
The U.S. health care industry has been in flux for a number of years, but the pace of transformation now appears to be accelerating rapidly. Several of the biggest players in the U.S. health care sector are making moves to confront an uncertain future — one that may bring unwelcome competition and
