Rite Aid Corp. chief financial officer Darren Karst has been promoted to senior executive vice president and added the title of chief administrative officer. Rite Aid said late Wednesday that the appointment is effective immediately. Karst previously was executive vice president and CFO.
The morning after announcing its blockbuster deal to acquire Rite Aid Corp., Walgreens Boots Alliance Inc. reported earnings for its fiscal 2015 fourth quarter and full year that topped Wall Street’s forecast. The company — closing its first full year following the combination of Walgreen Co.
After headlines surfaced earlier in the day, Walgreens Boots Alliance Inc. made it official: The company has reached a deal to acquire Rite Aid Corp. for a total value of $17.2 billion. The companies announced the deal late Tuesday. Under the agreement, Walgreens Boots Alliance will buy Rite
Walgreens Boots Alliance is in discussions about a possible acquisition of Rite Aid Corp., the Wall Street Journal reported. The Journal report said Tuesday that the talks are advanced and that a deal could be announced as soon as Wednesday.
The EQuIPP platform for measuring pharmacy performance has reached a milestone. Pharmacy Quality Solutions Inc. (PQS) said Monday that EQuIPP — to which 90% of U.S.
Pharmacies offering appointment-based medication synchronization (ABMS) can improve patients’ adherence to their prescriptions and, in turn, produce better health outcomes, a study conducted for the National Community Pharmacists Association and Arkansas Pharmacists Association finds.
Walgreens is mulling its next steps in its partnership with clinical lab testing provider Theranos Inc., whose technology has come under fire in recent media reports.
The pharmacy industry is doing its part to help stem the tide of prescription drug abuse and heroin use as part of wide-ranging, public- and private-sector efforts announced this week by President Barack Obama. At a community forum in Charleston, W.Va.
MinuteClinic, the walk-in medical clinic segment of CVS Health, has opened its 1,000th location nationwide. CVS said its newest clinic opened its doors Thursday on Dupont Circle in Washington, D.C.
For a congressional hearing on medication therapy management, the National Association of Chain Drug Stores emphasized the value of pharmacists in providing MTM services, especially in improving medication adherence, patient health and health care affordability for Medicare patients.
Lynne Fruth, President of Fruth Pharmacy, has been honored for her company’s commitment to help prevent the sale of drugs used in the making of methamphetamine, known as “meth.
Rite Aid Corp. is holding a ribbon-cutting event to mark the reopening of its store in Baltimore that was heavily damaged during the city’s riots in April. On Tuesday afternoon, Rite Aid executive vice president of operations Bryan Everett is slated to be joined by U.S. Rep. Elijah Cummings (D., Md.
Chain drug retailers have begun extensive outreach programs to provide consumers with access to information and resources for Medicare Part D and Health Insurance Marketplace coverage options. Medicare Part D annual enrollment began Oct. 15 and runs through Dec. 7.
Through early 2016, Health Mart plans to host more than 100 Town Hall continuing education events nationwide to promote medication synchronization programs among its member pharmacies.
CVS Health has commenced its annual free health screening campaign, Project Health, which will visit select CVS/pharmacy stores in key markets nationwide.
More large retail chains have begun piloting the CurrentC secure mobile payment platform from Merchant Customer Exchange (MCX) at select stores.
