Walmart’s health and wellness division is poised to play a prominent part in the discounter’s ambitious drive to reinvent retail for an era when brick-and-mortar stores coexist with e-commerce. Pharmacy, over-the-counter medications and vision care currently account for about 10% of Walmart’s U.S.
The pullback of health insurance companies from the Affordable Care Act has focused a harsh light on President Obama’s signature legislative achievement. Most recently, Aetna Inc.
Walmart plans to eliminate about 7,000 back-office jobs at its U.S. stores over the coming months, The Wall Street Journal reported.
Fred’s Inc. has entered a multiyear primary distribution contract with McLane Co. McLane said Thursday that the new agreement, which starts in October, will consolidate the efforts of 60-plus distributors serving Fred’s 651 discount and pharmacy stores.
Citing dangers from combined use, the Food and Drug Administration is requiring classwide changes to labeling for opioid analgesics, prescription opioid cough products and benzodiazepines, a group of central nervous system depressant drugs.
Express Scripts has unveiled a program designed to rein in drug spending for diabetes patients. The pharmacy benefit manager on Wednesday launched the Diabetes Care Value Program, which the company said improves pharmacy care and controls plan costs for people with diabetes.
Albertsons Cos. has begun offering flu shots on a walk-in basis at its more than 1,700 supermarket pharmacy locations.
Target Corp. executive vice president and chief marketing officer Jeff Jones is leaving the company to join online car service company Uber. Target said Tuesday that Jones is leaving the company effective Sept. 9.
Fred’s Inc. president and chief operating officer Michael Bloom has been named as chief executive officer, succeeding Jerry Shore, who is retiring. Bloom takes the CEO reins effective immediately, and plans call for Shore to retire from the company in February, Fred’s said Tuesday.
Rite Aid Corp. has made the opioid overdose antidote naloxone available without a prescription at its pharmacies in 13 states. The drug chain said Monday that naloxone — administered by injection or nasal spray — previously was available only with a prescription from a doctor.
Health Mart came in first among chain drug retailers in a pharmacy customer satisfaction survey by market research firm J.D. Power. Still, chain drug stores as a group trailed supermarket pharmacies and mail order pharmacies in terms of patient satisfaction, according to the J.D. Power 2016 U.S.
Walgreens has entered into a long-term alliance with Prime Therapeutics, the nation’s fourth-largest pharmacy benefit manager, that will include the creation of a joint pharmacy services company.
The Rite Aid Foundation has donated an additional $50,000 to the American Red Cross Louisiana Capital Area to help with flood relief efforts in the greater Baton Rouge area.
Walgreens Boots Alliance Inc. said on Friday that it had agreed with AmerisourceBergen Corp. to amend the second tranche of warrants held by WBA to purchase AmerisourceBergen common stock to allow immediate exercise of the warrants, giving WBA nearly 24% of AmerisourceBergen’s outstanding equity.
Loblaw Cos. has agreed to acquire Canadian health care technology company QHR for $170 million. QHR is a leader in the electronic medical records (EMR) market, providing software for health care providers and patients. Loblaw will buy QHR’s outstanding common shares for $3.
Medication adherence rates improve for patients with human immunodeficiency virus who are treated at HIV specialty pharmacies, according to research from Walgreens.
