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Week of Mon, Mar 26th, 2012

Roberts to head CVS Caremark's PBM business

CVS Caremark Corp. has unveiled a succession plan for the leadership of its pharmacy benefit management (PBM) business.

Take Care, Tufts open work-site health center

Take Care Health Systems and Tufts Health Plan have opened a workplace health center that offers preventive care, wellness services, symptom care and laboratory services to the health insurer's employees and contractors.

CVS to participate in conference on aging

CVS Caremark plans to highlight its senior-focused initiatives at Aging in America, the 2012 Annual Conference of the American Society on Aging, being held this week in Washington, D.C.

NACDS, NCPA sue to block PBM merger

The National Association of Chain Drug Stores, the National Community Pharmacists Association and nine pharmacy operators have filed a lawsuit against the planned merger of pharmacy benefit managers Express Scripts Inc. and Medco Health Solutions Inc.

Rite Aid goes mobile with app launch

Rite Aid Corp. has unveiled an official mobile application, which offers customers using smartphones an array of pharmacy and shopper tools.

NACDS speaks up for TRICARE pharmacy access

Obama administration budget proposals would hike out-of-pocket costs and implement other policies for beneficiaries of TRICARE, the U.S. military's health and prescription benefits plan, that would force patients away from community pharmacies and into mail-order drug programs, according to the National Association of Chain Drug Stores.

Walgreens, Duane Reade face off to support diabetes effort

Walgreen Co. plans a fundraising challenge between its Walgreens and Duane Reade stores in metropolitan New York to support the activities of the American Diabetes Association Greater New York City area.

Rite Aid spotlights 'Favorite Pharmacist' winners

Rite Aid Corp. has announced the two winners of its 2011 Favorite Pharmacist contest, including a pharmacist and a long-time customer.

CVS Caremark serves up medication adherence analysis

CVS Caremark Corp. has issued two new reports highlighting the company's research on medication adherence, including one study that reviews and compares state-by-state adherence rates for patients managing four chronic diseases.

Walgreens sees earnings decrease in 2Q

Walgreen Co. cited a weak cold and flu season and its impasse with pharmacy benefit manager Express Scripts Inc. in reporting declined earnings and prescription sales for its fiscal 2012 second quarter.

McKesson wraps up purchase of Katz units

McKesson Corp. has closed its acquisition of the independent banner and franchise pharmacy businesses of Katz Group Canada Inc.

Court upholds injunction suspending Medi-Cal cuts

The National Association of Chain Drug Stores applauded a federal court ruling that upheld an injunction blocking the implementation of cuts to Medi-Cal, California's Medicaid program.

Loblaw acquires Rx files from 95 Zellers pharmacies

Loblaw Cos. has purchased prescription files from 95 pharmacies operated by Canadian mass merchandise chain Zellers Inc.

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