CVS: Specialty drug spending to quadruple
A new CVS Caremark Corp. report forecasts specialty drug spend to more than quadruple to $402 billion annually by 2020.
Retail News
Navarro earns kudos for MTM services
Navarro Discount Pharmacy has been recognized by OutcomesMTM for its commitment to medication therapy management and the health of its patients.
Walgreens’ Healthcare Clinic launches mobile appointment app
Walgreen Co.’s Healthcare Clinic and iTriage have rolled out a mobile appointment scheduling application nationwide.
New Rite Aid wellness store debuts ‘Beauty Vision’
Rite Aid Corp. has officially opened a newly remodeled "wellness store" in Manhattan’s West Village neighborhood that’s one of the first sites featuring its new "Beauty Vision" beauty concept.
Senate passes bill to bolster Rx supply chain
The National Association of Chain Drug Stores and the National Community Pharmacists Association hailed the Senate’s passage of the Drug Quality and Security Act, which provides more uniformity for regulation of the pharmaceutical supply chain, including pharmacy compounding.
AmerisourceBergen rolls out new pharmacy ownership program
AmerisourceBergen Corp. has launched its new Pharmacy Ownership Program, a new network with resources to help independent pharmacists sell their business to prospective buyers or expand their current business to more locations.
CVS Caremark appoints health plans executive
Tracy Bahl has been hired as executive vice president of health plans at CVS Caremark Corp.
Rite Aid tests new concept for beauty care
A new beauty care concept is being tested by Rite Aid Corp. at some of the drug chain’s "wellness store" locations. At the Rite Aid on Hudson Street in Manhattan’s Greenwich Village, fashion magazine-style photo signage is prominent throughout the beauty section.
Bartell pilots digital print media kiosk
Bartell Drugs is testing a state-of-the-art system that will let its customers print anything from a personal photo book to a classic novel in just minutes. The full-service digital-to-print media center features On Demand Books’ in-store Espresso Book Machine integrated with Kodak Picture Kiosks.
CVS sponsors retail innovation challenge focused on seniors
CVS Caremark Corp. is sponsoring the 2nd Annual Wake Forest Retail Innovation Challenge, whose theme this year is "Enhancing Seniors’ Lives.
Drug chains step up to aid Philippines relief efforts
The nation’s three largest drug chains are supporting relief efforts in the Philippines in the wake of the devastating typhoon, Haiyan, that swept through the island nation last week, leaving thousands dead and communities destroyed. U.S.
Theranos Wellness Centers open in Walgreens stores in Ariz.
As part of their clinical lab service partnership, Theranos Inc. and Walgreen Co. opened two new Theranos Wellness Centers at Walgreens stores in the Phoenix metropolitan area.
CVS study examines genetic testing impact on cardiovascular prescribing
A new study by researchers at CVS Caremark Corp. and Brigham and Women’s Hospital showed that a genetic marker for improving medication safety is underused in prescribing for cardiovascular treatments.
Walgreens HIV-specialized pharmacies foster adherence
Walgreen Co. recently highlighted research demonstrating that adherence to therapeutic treatments for HIV and related comorbidities, such as serious mental illness, was much higher for patients using Walgreens HIV-specialized pharmacies than for patients using other Walgreens retail pharmacies.
Rite Aid adds new board member
Kevin Lofton, president and chief executive officer of Catholic Health Initiatives, has been elected to the Rite Aid Corp. board of directors.
Walgreens divisional vice president retiring
Steve Lubin is stepping down as divisional vice president and general manager of marketing for non-mainland operations at Walgreen Co. He has been with the drug chain for 43 years. Lubin’s retirement is part of a series of executive changes at Walgreens, according to sources close to the company.