ECRM_1170x120_8-1-17

Issues

Pharmacy isn’t idle as it works for provider status

Pharmacy isn’t idle as it works for provider status

For many pharmacists, provider status is the Holy Grail — seemingly in range yet still agonizingly beyond their grasp. While some pharmacists already provide clinical services to patients — from immunizations to medication therapy and chronic disease management to health coaching and point-of-care testing — a reliable, third-party compensation model for those services has yet

Opioid epidemic’s impact on pharmacy sector

Opioid epidemic’s impact on pharmacy sector

The United States is battling what the Centers for Disease Control and Prevention (CDC) has labeled an epidemic of prescription drug abuse. According to CDC data, drug overdose deaths more than doubled between 2002 and 2015 (the latest year for which information is available). In 2015, drug overdose deaths exceeded 50,000 — which is more

Should pharmacy industry worry about Amazon?

Should pharmacy industry worry about Amazon?

What would happen to your business if, tomorrow, Amazon bought a major chain like CVS Pharmacy, Walgreens or Rite Aid? Not so long ago, if you put this question to an executive in the chain drug store industry, the response might have been “Well, that’s not going to happen.” But now that Amazon has announced

Republican bid to undo ACA falls short in Senate

Republican bid to undo ACA falls short in Senate

WASHINGTON­­ — The Senate dealt a devastating blow to Republican efforts to repeal and replace the Affordable Care Act, defeating a GOP “skinny repeal” bill. Republican Sens. John McCain (Ariz.), Lisa Murkowski (Alaska) and Susan Collins (Maine) joined with Democrats to oppose the measure, a major loss for President Trump and the Republican congressional agenda.

What the new WBA-Rite Aid deal means

What the new WBA-Rite Aid deal means

NEW YORK — With the acquisition of Rite Aid Corp. by Walgreens Boots Alliance Inc. (WBA) now canceled and replaced by a smaller transaction, the chain drug landscape will retain a more familiar look. Nonetheless, all three parties to the original deal, which involved the purchase of 865 Rite Aid locations by Fred’s Inc., will

CVS extends reach through partnerships

WOONSOCKET, R.I. — CVS Health and Cleveland Clinic have expanded their eight-year clinical affiliation to enhance access to care for patients throughout Northeast Ohio and Florida, as well as improve quality, coordinated delivery of care and health outcomes for patients. “Our clinical collaboration with Cleveland Clinic has successfully increased access to care for thousands of

Acquisition equips Genoa for MTM

Acquisition equips Genoa for MTM

TUKWILA, Wash. — Genoa aims to take its behavioral health pharmacy care to a higher level with the launch of Genoa Medication Management Solutions. The company said that the new offering stems from its acquisition of Medication Management Systems Inc., a Minneapolis-based provider of medication therapy management (MTM) services and technology for complex, high-risk patients.

Plan for border adjustment tax abandoned by GOP

WASHINGTON — Retailers applauded congressional Republicans’ move to give up their pursuit of the border adjustment tax (BAT). Prior to GOP leaders’ announcement of the decision on July 27, retailers that receive many of the goods they sell from overseas had expressed concerns about the BAT, claiming that it would pass hefty costs on to

‘LabCorp at Walgreens’ slated to debut

DEERFIELD, Ill. — Walgreens and Laboratory Corp. of America Holdings Co. (LabCorp) have formed a partnership in which LabCorp will develop and operate patient service centers within selected Walgreens stores. The centers, co-branded as “LabCorp at Walgreens,” will offer LabCorp patient services for specimen collection, located near the pharmacy area inside the stores, the companies

London Drugs takes wraps off small-format store

London Drugs takes wraps off small-format store

CALGARY, Alberta — London Drugs has opened its first “grab and go” urban store here under the LDExpress banner. Located in Calgary’s Venator Building with direct access to Scotia Centre, the 4,000-square-foot store is a condensed version of a typical London Drugs outlet. It has a full-service pharmacy, space for two customer service specialists and

New twist at Discount Drug Mart

MEDINA, Ohio — Discount Drug Mart plans to install Provision Interactive Technologies Inc. 3D Savings Center kiosks in its stores. In addition to holographs, the kiosks will display advertising, including exclusive Discount Drug Mart promotions. The kiosks have a two-dimensional interactive touchscreen that gives consumers access to information as well as rewards and coupons. “The

Independents get helping hand from AmerisourceBergen

LAS VEGAS — AmerisourceBergen Corp. showcased a “newly enhanced suite of solutions” for independent pharmacies at ThoughtSpot 2017, Good Neighbor Pharmacy’s annual trade show. The solutions are designed to empower, support and differentiate independent pharmacy operators, according to AmerisourceBergen. In addition to highlighting technological and customer support solutions, the company focused on advocacy in today’s

Benzer Pharmacy engages in collaborative practice program

TAMPA, Fla. — Via a collaborative practice program, Benzer Pharmacy has begun helping doctors provide clinical services to improve patient health outcomes and generate more revenue for physicians’ ­offices. The clinical services include chronic care management for patients with chronic or complex diseases and health conditions, transitional care management for patients being discharged from a

Jenne becomes CFO at Fred’s

MEMPHIS — Fred’s Inc. has appointed Jason Jenne as chief financial officer. He succeeds Rick Hans, who is leaving to pursue other opportunities. Hans will remain in an advisory capacity until August 18 to ease Jenne’s transition. “Jason’s leadership experience and in-depth knowledge of finance and operations ideally qualify him to be the next chief

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