CVS Health to buy Target’s pharmacy business
WOONSOCKET, R.I. – CVS Health plans to acquire Target Corp.’s U.S. pharmacy and retail health clinics businesses for about $1.9 billion.
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Benzer Pharmacy eyes acquisitions to spur growth
Independent drug chain Benzer Pharmacy is looking to acquire more pharmacies to fuel its expansion. The Tampa, Fla.
Walgreens program promotes healthier behaviors
A new white paper from Walgreens finds that its Balance Rewards for healthy choices (BRhc) loyalty program is encouraging healthier behaviors by members, including weight loss and improved medication adherence by those with hypertension and/or diabetes.
Medi-Cal looks to recoup reimbursement funds
The National Association of Chain Drug Stores reported that Medi-Cal, California’s Medicaid program, will begin sending letters to pharmacies about recoupment of funds stemming from a reimbursement reduction that had been blocked in court and then later allowed to proceed.
Ads highlight pharmacists as health providers
This month, the Patient Access to Pharmacists’ Care Coalition (PAPCC) released newspaper ads and radio spots urging Congress to pass the Pharmacy and Medically Underserved Areas Enhancement Act (S. 314/H.R. 592).
Walgreens ramps up telehealth services
Walgreens plans to expand telehealth services access via its mobile app and website to 25 states by the end of this year.
Walgreens summer beauty contest offered via Challenged social app
Walgreens is collaborating with Challenged, a new social competition app, for a summer beauty tips contest.
Tom Brokaw to keynote Total Store Expo
Longtime NBC News anchor Tom Brokaw will deliver the keynote address at the 2015 NACDS Total Store Expo.
Walgreens debuts app for Apple Watch
Walgreens has launched its Apple Watch app, designed to help people better adhere to their prescription medications. Also on Monday, the drug chain announced that its Balance Rewards loyalty program will integrate with Apple Pay, Apple’s secure mobile payment system.
Health coverage conundrum?
The advance of health insurance coverage under the Affordable Care Act (ACA) is encountering some roadblocks, including a high court challenge that could impact the health benefits of millions of Americans.
NACDS announces Insight Sessions for Total Store Expo
The National Association of Chain Drug Stores has unveiled its lineup of educational Insight Sessions for the 2015 NACDS Total Store Expo.
Walmart elects Penner as new chairman
FAYETTEVILLE, Ark. – Walmart’s board of directors has elected Greg Penner to serve as chairman. He succeeds Rob Walton, 70, who has served as chairman since 1992. Walmart said Friday that Walton will continue to serve on the board.
Cardinal Health to buy Harvard Drug Group
Cardinal Health Inc. plans to acquire pharmaceutical distributor The Harvard Drug Group (THDG) from private equity firm Court Square Capital Partners for $1.115 billion.
Fruth Pharmacy offers talking Rx label for visually impaired
This month, Fruth Pharmacy plans to help demonstrate a new talking prescription label for the visually impaired. The regional drug chain has rolled out the AccessaMed prescription label to all of its 26 stores in West Virginia and Ohio.
Rite Aid sees comp-store sales edge up in May
Comparable-store sales at Rite Aid Corp. rose in May despite almost flat results in the front end. The drug chain said Thursday that for the five weeks ended May 30, same-store sales gained 2.1% year over year. The company had reported a 3% comp-store sales increase for April. In the front
Drug distributors reap benefits of tech investment
The rapid adoption of new technology is making the drug distribution industry healthier than ever.