BioScrip Inc. has closed a new $150 million syndicated revolving credit facility. The pharmacy services company said Tuesday that the new facility will be structured as an amendment and restatement of the prior $100 million term loan and $50 million revolver.
Shoppers Drug Mart Corp. aims to help customers live up to their New Year’s resolutions focused on health and wellness.
Bartell Drugs is donating 4,000 doses of flu vaccine to support of pharmacy outreach programs at the University of Washington and Washington State University.
A last-minute shopping surge turned a disappointing 2010 holiday selling season into an acceptable one for America’s chain drug retailers.
The National Community Pharmacists Association and the National Association of Chain Drug Stores have applauded lawmakers for approving a measure that freezes retail pharmacy co-payments in TRICARE, the health coverage program for the armed forces.
Financial analysts highlighted Walgreen Co.’s improved front-end performance in reports on the drug store chain’s fiscal 2011 first quarter results. "Walgreens appears to have established some positive momentum in its front-end business," William Blair & Co.
Research sponsored by CVS Caremark Corp. found that pharmacists in a retail store are the most influential health care "voice" in getting patients to take their medications as prescribed.
A budget crunch in Washington state could have dire consequences for recipients of Medicaid pharmacy benefits.
A strong operational performance fueled a nearly 19% gain in earnings in the fiscal 2011 first quarter at Walgreen Co., exceeding analysts’ per-share profit forecast by 8 cents. Same-store sales in the quarter, however, edged up less than 1% year over year, despite a 6% increase in total revenue.
Through an agreement with the National Patient Safety Foundation, MinuteClinic said it will become the nation’s first retail health clinic provider to implement the Ask Me 3 health literacy program. Plans call for MinuteClinic, a subsidiary of CVS Caremark Corp.
A new report by the Government Accountability Office (GAO) found that health care reform has made Medicaid pharmacy reimbursement levels more palatable for retail pharmacies.
Walgreen Co. has partnered with the Department of Health and Human Services (HHS) to offer $10 million of free flu shots in 15 markets nationwide to people who lack health insurance or have insufficient health coverage.
It appears increasingly unlikely that former Walmart executive Hank Mullany will join CVS/pharmacy. In the wake of a decision by a Delaware judge to prevent, at least temporarily, Mullany from becoming president of the drug chain, sources close to parent company CVS Caremark Corp.
MinuteClinic has affiliated with St. Rose Dominican Hospitals in southern Nevada in a clinical alliance to enhance the health care services in the Las Vegas metropolitan area. The CVS Caremark Corp.
The National Association of Chain Drug Stores Foundation plans to contribute $1.5 million in grants to expand the availability of community pharmacy residency programs (CPRPs) for pharmacy graduates, which it said is the single-largest grant ever dedicated to community pharmacy residencies.
The Cardinal Health Foundation and the Ohio State University College of Pharmacy have teamed up to launch the new GenerationRx Youth Toolkit, aimed at helping prevent prescription drug abuse by teens.
