Earnings climbed in the third quarter at Shoppers Drug Mart Corp. despite slim gains in total revenue and same-store sales. The Canadian drug store chain said Wednesday that for the third quarter ended Oct. 8, overall sales were $3.11 billion (Canadian), up 2.1% from a year earlier.
Walmart is hoping to do for health care what it has done for retailing. The discount store giant is exploring ways to offer a broader range of medical services, ranging from chronic disease management and preventive care to diagnostics, health and wellness services, and acute care.
The Centers for Medicard & Medicaid Services (CMS) hasn’t adjusted federal upper limits (FULs) for Medicaid generic drug reimbursements to pharmacies despite being warned that patient access to pharmacy services could be jeopardized, according to the National Community Pharmacists Association.
Pharmacy services fueled an uptick in revenue in the third quarter at BioScrip Inc. The company said Tuesday that for the third quarter ended Sept. 30, total revenue was up 2.9% to $454 million from $441.2 million a year earlier. Pharmacy services sales in the quarter came in at $344.
One of the missing pieces for Walgreen Co. in its transformation into a "health and daily living" retailer has been a customer loyalty program. But that won’t be for much longer. Company executives recently provided some details about the shopper loyalty program that the drug store chain is testing.
In Texas, a new mandate requiring a meningitis immunization for all college students has led MinuteClinic to boost its availability of the vaccine in the state. The CVS Caremark Corp.
The National Community Pharmacists Association has created two awards to recognize pharmacists who provide superior medication adherence services to patients.
CVS/pharmacy and Direct Relief USA partnered to provide free flu vaccinations at a flu shot clinic in Dallas. CVS said that at the clinic, held Thursday, CVS pharmacists vaccinated uninsured patients at Healing Hands Ministries Medical & Dental Clinic.
A national coalition of pharmacists and pharmacy owners has begun a public information campaign focusing on what they say are inflated prescription drug prices set by pharmacy benefit managers.
Walgreens pharmacists and DeKalb Medical have teamed up to help patients understand and comply with medication therapies after treatment at the hospital.
Meijer has kicked off a chainwide effort to boost its pharmacy expertise in diabetes by training more than 200 pharmacists as diabetes specialists.
This month, CVS Caremark Corp. plans to host live Facebook chats to answer patients’ questions about diabetes and chronic condition management.
Community pharmacists joined with consumers and small-business owners and lawmakers in a press conference organized by the Preserve Community Pharmacy Access NOW! (PCPAN) coalition to urge Congress and the Federal Trade Commission to oppose the proposed merger of Express Scripts Inc.
The National Association of Chain Drug Stores has endorsed legislation that would give states incentive to use generic drugs through their Medicaid programs. NACDS said Thursday that it has sent a letter to Rep. Charles Bass (R., N.H.
Slower business in the front end reined in same-store sales growth at Walgreen Co. for October. The company also gave estimates of the business impact of its dispute with pharmacy benefit manager Express Scripts Inc. Walgreens said Thursday that October comparable-store sales rose 2.
CVS Caremark Corp. cited gains in its pharmacy benefit management business and continued growth in its retail pharmacy segment as driving revenue and profit increases for its third quarter. For the three months ended Sept. 30, overall revenue rose 12.5% to $26.7 billion from $23.
