Last year, the Affordable Care Act health care reform law saved 3.6 million people with Medicare $2.1 billion on their prescription drugs, according to the Department of Health and Human Services (HHS).
The National Association of Chain Drug Stores Foundation this week launched its second round of funding for the Community Pharmacy Residency Expansion Project (Community PREP) and announced the winners of the 2011 Pharmacy Student Scholarship Awards.
Larry Burton has been hired as senior vice president of government affairs at CVS Caremark Corp. CVS Caremark said Thursday that Burton, who previously was executive director at Business Roundtable in Washington, D.C., will join the company on Feb. 27.
Gains in both the front end and pharmacy propelled Rite Aid Corp. to another month of increased same-store sales in January. Rite Aid said Thursday that for the four weeks ended Jan. 28, comparable-store sales climbed 2.2% from a year earlier. That fell short of the 3.6% comp-store sales gain in
Walgreen Co. is acquiring the community specialty pharmacy and centralized specialty and mail service pharmacy businesses of BioScrip Inc. for about $225 million. The companies said Thursday that for Elmsford, N.Y.
Chain drug retailers Rite Aid Corp. and Walgreen Co. have kicked off heart health initiatives in recognition of American Heart Month in February.
CVS/pharmacy has launched Order Ready Text Messaging, which allows customers to get text messages to notify them when their prescription is ready to be picked up.
National Association of Chain Drug Stores is part of a group of health care-related organizations hailing a tentative decision by a federal court to block a 10% reimbursement cut in Medi-Cal, California’s Medicaid program.
Rite Aid Corp. has partnered with American Greetings Corp. and Hershey Co. for "Sweet Escape," a Valentine’s Day promotion on its Facebook and Twitter sites.
Walgreen Co. plans to buy prescription files and inventory from 33 Kmart pharmacies in 16 states. Walgreens said Monday that it will purchase the pharmacy patient files and transfer them to nearby Walgreens pharmacies. Financial terms of the agreement were not disclosed.
Katz Group Canada has signed an agreement to sell Drug Trading Co., its banner pharmacy business, and Medicine Shoppe Canada, its franchise pharmacy business, to McKesson Corp. for about $920 million. As part of the transaction McKesson is entering into other ancillary agreements with Katz Group.
Walgreen Co. today named former Pfizer Inc. executive Robyn Peters as group vice president of managed market sales. She replaces chief client officer Joseph Terrion, who is leaving the company to pursue personal interests.
Shoppers Drug Mart Corp. is expanding its roster of exclusive beauty care brands with the rollout of essence, a Germany-based value cosmetics brand. At Shoppers Drug Mart, essence cosmetics will be showcased in an innovative display.
Rite Aid Corp. plans to deploy a cloud-based workforce management system that will be used at all of its nearly 4,700 drug stores. Retail workforce management technology provider WorkPlace Systems Inc.
Shoppers Drug Mart Corp. is donating $250,000 to support The Blueprint for Pharmacy Implementation Strategy, a long-term initiative to evolve pharmacy practice with the changing health care needs of Canadians.
The Centers for Medicare & Medicaid Services (CMS) has published a fourth round of draft federal upper limits (FULs) for Medicaid generic drug reimbursement, but the proposed levels still fall short for community pharmacies, according to the National Community Pharmacists Association.
