Costco pharmacies expect lift from ACA
The Affordable Care Act will strengthen Costco Wholesale Corp. pharmacies’ already significant cash business, according to senior vice president of pharmacy Vic Curtis.
Retail News
Health Mart has ‘unique proposition,’ president says
Steve Courtman, president of Health Mart, the 3,126-store pharmacy franchise run by McKesson Corp., is confident the retailer has what it takes to flourish in an environment where the rules that have long governed health care delivery are in the process of being rewritten.
Rexall launches personalized online Rx access
Rexall Pharma Plus has gone live with MyRexall, which gives pharmacy customers personalized access to their prescription and health information. The 426-store Canadian drug chain said Tuesday that by creating a MyRexall account, patients can easily view their medication record online.
CVS Caremark gets 2Q profit lift from new generics
Introductions of new generic drugs helped boost profits at CVS Caremark Corp. for the second quarter as the company exceeded Wall Street’s earnings forecast by a penny. CVS said Tuesday that for the second quarter ended June 30, income from continuing operations attributable to CVS Caremark rose 15.
The Top 10 Pharmacy Retailers
Little has changed in the makeup of the top pharmacy retailers over the past year, but competition is sure to keep intensifying amid the changes being brought by health care reform.
Walgreens’ same-store sales surge in July
Comparable-store sales at Walgreen Co. rose sharply in July, as the return of Express Scripts drug plan members continued to fuel the drug chain’s improving pharmacy results. Walgreens said Monday that comp-store sales advanced 6.3% for July, reflecting a positive impact of 1.
NACDS Foundation joins in medical home research project
The National Association of Chain Drug Stores Foundation and the Community Pharmacy Foundation will assess the patient impact from the integration of pharmacy-provided medication management into a medical home network in North Dakota.
CVS Caremark set to resolve SEC probe
CVS Caremark Corp. said it will pay a penalty after reaching an agreement in principle with the Boston regional office of the Securities and Exchange Commission to resolve an SEC investigation of certain events that occurred in 2009.
Walgreens, Express Scripts team up on 90-day Rxs
Walgreen Co. and Express Scripts Inc. have launched Smart90 Walgreens, a new program that gives members of the pharmacy benefit manager’s plan more choice in receiving 90-day prescriptions.
Rite Aid reports same-store sales gain for July
Rite Aid Corp. saw comparable-store sales climb for the second straight month in July. The drug chain said Thursday that for the four weeks ended July 27, comp-store sales edged up 1.3% year over year. That continued the retailer’s improving same-store sales results in recent months, including a 0.
Bartell Drugs readies opening of 61st store
Bartell Drugs plans to open its 61st store this week in Seattle’s South Lake Union neighborhood. The Puget Sound-area drug chain said late Tuesday that the 11,600-square-foot store will open on Friday. A ribbon-cutting ceremony is scheduled for Aug.
HHS tallies Medicare Rx savings from ACA
More than 6.6 million people with Medicare have saved over $7 billion on prescription drugs as a result of the Affordable Care Act (ACA) health care reform law, according to new information released by the Department of Health and Human Services (HHS).
Rite Aid kicks off multimedia campaign for wellness65+
Rite Aid Corp. has begun an integrated, national marketing campaign for wellness65+, an extension of its wellness+ customer loyalty program for seniors.
Walgreens rebrands in-store clinics
Walgreen Co. has introduced Healthcare Clinic as the new name for its more than 370 in-store clinics. The new banner replaces the Take Care Clinic name that has stood since the brand’s inception in 2004. A national rebranding is expected to be complete by the end of August. In addition to seeing
Good Neighbor Pharmacy franchisee honored for patient care
AmerisourceBergen Corp. has recognized Accardi Clinical Pharmacy, a community pharmacy in Orange City, Fla., with its Good Neighbor Pharmacy of the Year award.
CVS study finds ACA knowledge gap
Despite an increase in awareness of the Affordable Care Act (ACA), a survey from CVS Caremark Corp. reveals that many people eligible to enroll in health insurance exchanges, which open Oct. 1, are seeking help.