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Awareness remains hurdle with loyalty programs

Awareness remains hurdle with loyalty programs

Chain drug stores are on the leading edge in using loyalty cards to win and keep pharmacy customers, yet customer awareness of such programs could be greater, a study by Boehringer Ingelheim Pharmaceuticals reveals.

Merlo: CVS Caremark ‘outperformed’ in 2012

Merlo: CVS Caremark ‘outperformed’ in 2012

CVS Caremark Corp. surpassed its financial goals in 2012 and, with its retail pharmacy/PBM business model, is well-positioned to address the changing health care environment going forward, president and chief executive officer Larry Merlo said at the company’s Analyst Day event in New York City.

Poll: People want more control over health care

Eighty percent of consumers think the "consumerization" of health care — people taking a greater and more active role in their own health care — is positive for Americans, a Wolters Kluwer Health survey finds.

NABP action plan zeroes in on compounding

The National Association of Boards of Pharmacy is enacting a four-part plan to foster inspection of nonresident compounding pharmacies and create an information sharing network of regulatory details on those pharmacies.

Health care reform pushes ahead

Implementation of the Affordable Care Act health care reform law is on track as 2012 draws to a close. By January 1, Health and Human Services Secretary Kathleen Sebelius must decide which states are capable of running their own health insurance exchanges.

Report: CVS eyes purchase of Brazil drug chain

CVS Caremark Corp. reportedly is mulling a move to go international. The Woonsocket, R.I.-based drug chain and pharmacy benefit manager is in advanced talks to acquire a controlling interest in Onofre, a chain drug operator in Brazil, the newspaper Valor Economico reported Friday.

Walgreens closes deal for cystic fibrosis specialty pharmacy

Walgreen Co. and the Cystic Fibrosis Foundation have finalized a transaction that gives the drug chain a significant ownership stake in Cystic Fibrosis Foundation Pharmacy LLC, a newly formed specialty pharmacy for the disease. Terms of the agreement weren’t disclosed.

Rite Aid feels Sandy’s effect on November sales

Rite Aid feels Sandy’s effect on November sales

Rite Aid Corp. saw same-store sales decrease in November as Hurricane Sandy and new generic drugs impacted front-end and prescription sales. The drug chain said Thursday that for the five weeks ended Dec. 1, comparable-store sales fell 3% year over year. That was down from a 1.