WASHINGTON — Steve Anderson, president and chief executive officer of the National Association of Chain Drug Stores, has been honored as the 2016 Trade Association CEO of the Year by an independent panel of association leadership experts. NACDS said Monday that Anderson is just the third CEO to receive the award, which is presented by
FORT LAUDERDALE, Fla. — Stakeholders in chain pharmacy understandably direct a lot of attention to the giants of the industry, such companies as CVS Health, Walgreens Boots Alliance, McKesson and Kroger. They shouldn’t lose sight, however, of the regional players that, in the aggregate, still account for a substantial part of the business and remain
ARLINGTON, Va. — A request-for-proposals (RFP) by the National Association of Chain Drug Stores will offer up to two awards of $300,000 each for demonstration projects that increase pharmacy-based immunizations by spurring collaboration across health care providers. NACDS said late Thursday that according to the project goals described in the RFP, applicants will develop and
ARLINGTON, Va. — The National Association of Chain Drug Stores was working with member companies at presstime to review the final rule on Medicaid prescription reimbursements. The Centers for Medicare & Medicaid Services (CMS) says the 658-page rule — which takes effect April 1 after a comment period — establishes a regulatory definition for average
ARLINGTON, Va. — Larry Sabato, election analyst and founder of the University of Virginia Center for Politics, will keynote the National Association of Chain Drug Stores Political Action Committee breakfast on Monday, April 18, as part of the Annual Meeting in Palm Beach, Fla. NACDS president and chief executive officer Steve Anderson noted that Sabato
After years of political and legal wrangling, the Centers for Medicare & Medicaid Services (CMS) has issued its final rule on Covered Outpatient Drugs, which governs reimbursement to retail pharmacies for generic medications dispensed under Medicaid. The history of the regulation goes all the way back to the Deficit Reduction Act of 2005 (DRA), which
The National Association of Chain Drug Stores is on top of it, says president and CEO Steve Anderson. Anderson is talking, of course, about the Centers for Medicare & Medicaid Services issuance last week of the final rule for Covered Outpatient Drugs, which augurs key changes for Medicaid pharmacy reimbursement for generic drugs based on
WASHINGTON — The Centers for Medicare & Medicaid Services (CMS) has issued the Covered Outpatient Drugs final rule with comment, which the National Association of Chain Drug Stores said includes “significant changes” to Medicaid pharmacy reimbursement for generic drugs based on the average manufacturer price (AMP) model. Released on Thursday and due to be published
The National Association of Chain Drug Stores joined the chorus of tributes for Glenn Frey, the co-founder and singer/songwriter/guitarist for the hit rock band the Eagles, who died on Monday at age 67. In a blog post on Wednesday, NACDS noted that Frey performed at two of its conferences, in 1998 and 2007. NACDS senior
ARLINGTON, Va. — Retired U.S. Army general and former chairman of the Joint Chiefs of Staff Martin Dempsey will speak at the 2016 National Association of Chain Drug Stores’ Annual Meeting on Tuesday, April 19, in Palm Beach, Fla. News of the general’s engagement in the NACDS Annual Meeting follows December’s announcement that former Speaker
ARLINGTON, Va. — The National Association of Chain Drug Stores has joined other retail trade associations in commenting on proposed updates to the Environmental Protection Agency’s waste management regulations. Those rules could affect the way retailers handle their unsold consumer products and pharmaceuticals. NACDS — together with the Retail Industry Leaders Association (RILA), the Food
ARLINGTON, Va. — The National Association of Chain Drug Stores announced that singing legends Tony Bennett and Paul Rodgers will perform at the 2016 NACDS Annual Meeting. NACDS said Tuesday that Rodgers — known for his work with rock bands Bad Company, Free and The Firm, as well as his solo performances — is slated
ARLINGTON, Va. — Gen. Martin Dempsey, former chairman of the Joint Chiefs of Staff, has been announced as a speaker at the 2016 NACDS Annual Meeting. The National Association of Chain Drug Stores said Dempsey is slated to speak during the Business Program on Tuesday, April 19. Last month, NACDS announced that John Boehner, the former Speaker
ARLINGTON, Va. — The Retail Industry Leaders Association (RILA), Food Marketing Institute, National Association of Chain Drug Stores, National Grocers Association and National Retail Federation have submitted comments on proposals by the Environmental Protection Agency to update waste management regulations that may impact retailers’ handling of unsold consumer products and pharmaceuticals. RILA said Tuesday that
