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Inside This Issue - News
Accompanying the sweeping changes augured by health care reform are ongoing changes from advances in technology, which are opening doors for the retail pharmacy sector with new solutions. Smartphones and other digital technologies have a role to play in making drug therapies and other health care services more effective, chain drug retailers say. CVS Caremark Corp. agreed late last month to acquire the Medicare Part D business of Universal American Corp. A strong finish helped the chain drug industry post solid sales for 2010. CVS/pharmacy has launched what it says is the industry’s first beauty club program. Rite Aid Corp. is encouraging its customers to use their wellness+ cards by giving them a chance to win an array of prizes. Two recent studies from CVS Caremark Corp. and a call from the National Association of Chain Drug Stores for further research into the matter are helping to draw attention to the importance of medication adherence. The battle over the health care reform bill President Obama signed into law last spring continues, with incoming Republicans in the House vowing to undo the law. Health care spending in the United States increased by 4% in 2009, the slowest rate of growth in 50 years, a government report released this month shows.
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