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specialty pharmacy

Fred’s looks to sell specialty pharmacy business

Fred’s looks to sell specialty pharmacy business

MEMPHIS — Fred’s Inc. has announced plans to sell its specialty pharmacy business. The disclosure led the company to delay publication of its fourth quarter and 2017 full-year results. An earnings call that was slated for today is now expected to be held May 4. A filing yesterday with the Securities and Exchange Commission says

Diplomat works to control specialty drug costs

Diplomat works to control specialty drug costs

FLINT, Mich. — Biosimilars, generic drugs and affordable branded drugs are top-of-mind at Diplomat Pharmacy Inc. this year as the specialty pharmacy looks to help health plans and patients rein in costs. According to Diplomat president Joel Saban, the surging market for expensive specialty drugs has put pressure on stakeholders across the health care sector.

Walgreens earns tech patent for Connected Care Oncology

Walgreens earns tech patent for Connected Care Oncology

DEERFIELD, Ill — Walgreens has received a U.S. patent for new proprietary technology in its Connected Care Oncology specialty pharmacy program. An evidence-based, patient-centered solution, Walgreens Connected Care Oncology focuses on driving medication adherence and improving patient outcomes, and the technology helps guide interactions with patients, helping them to stay on their treatment regimens and manage any

Diplomat CEO Phil Hagerman to retire

Diplomat CEO Phil Hagerman to retire

FLINT, Mich. — Phil Hagerman, co-founder, chairman and chief executive officer of Diplomat Pharmacy Inc., the nation’s largest independent specialty pharmacy, plans to retire. Diplomat said Friday that board member Jeff Park has been named interim CEO, and independent lead director Ben Wolin has been appointed chairman. Both moves are effective immediately. Diplomat’s board has launched

Diplomat Pharmacy buys LDI for $595 million

Diplomat Pharmacy buys LDI for $595 million

FLINT, Mich. — Diplomat Pharmacy Inc. plans to acquire St. Louis-based pharmacy benefit manager LDI Integrated Pharmacy Services for in a $595 million cash and stock deal. The move marks the second PBM acquisition this month by Diplomat, the nation’s largest independent specialty pharmacy. On Nov. 6, the company announced the purchase of National Pharmacy

Congressman learns about Rx market

Congressman learns about Rx market

GREAT NECK, N.Y. — Rep. Tom Suozzi (D., N.Y.) got an education on drug cost dynamics during a tour of oncology pharmacy Onco360 here with members of the National Association of Specialty Pharmacy (NASP). Vice chairman of the Problem Solvers Caucus in the House of Representatives, Suozzi said he made the visit to learn more

Rep. Tom Suozzi visits N.Y. specialty pharmacy

Rep. Tom Suozzi visits N.Y. specialty pharmacy

GREAT NECK, N.Y. — Rep. Tom Suozzi (D., N.Y.) gauged cost dynamics of the specialty pharmacy market in a tour of oncology pharmacy Onco360 here with members of the National Association of Specialty Pharmacy (NASP). Seeking insight on what’s driving skyrocketing drug costs and the impact on patients, Suozzi met with Sheila Arquette, executive director

AllianceRx Walgreens Prime brand makes debut

AllianceRx Walgreens Prime brand makes debut

ORLANDO, Fla. — Walgreens and Prime Therapeutics LLC have inaugurated AllianceRx Walgreens Prime, the brand for the joint central specialty pharmacy and mail services company they formed earlier this year. The companies said the AllianceRx Walgreens Prime launch included the unveiling of new signage at its headquarters in Orlando, Fla., and at other company-owned facilities

M&A activity heats up in specialty pharmacy

M&A activity heats up in specialty pharmacy

In recent years, the specialty pharmacy industry has been defined by rapid growth with considerable entry from new participants. Factors driving growth include an increase of therapies introduced into the pharmacy benefit class rather than through the medical benefit, a growing number of patients receiving treatment for a wider range of conditions, price inflation caused

Diplomat acquires WRB Communications

Diplomat acquires WRB Communications

FLINT, Mich. — Diplomat Pharmacy Inc. has acquired WRB Communications Inc., a Chantilly, Va.-based operator of health care contact centers, in a $29 million deal. Under the agreement, announced late Monday, Diplomat is paying WRB $24.5 million in cash and $4.5 million in common stock. Plans call for WRB to join Diplomat’s Envoy Health Management

Diplomat provides specialty Rx to Corizon Health

Diplomat provides specialty Rx to Corizon Health

FLINT, Mich. — Diplomat Pharmacy Inc. has been selected to provide pharmacy services and dispense limited-distribution specialty drugs for Corizon Health’s clients and support its in-house mail-order pharmacy PharmaCorr. Diplomat, the nation’s largest independent specialty pharmacy, said the three-year agreement supports specialty pharmacy services for 321,000 patients across 25 states. Corizon Health, based in Brentwood,

CVS’ Advanced Care Scripts accredited by URAC

CVS’ Advanced Care Scripts accredited by URAC

WOONSOCKET, R.I. — CVS Health’s Advanced Care Scripts (ACS) has gained specialty pharmacy accreditation from Washington, D.C.-based health care standards body URAC. CVS said Tuesday that the URAC designation signifies that its ACS unit has demonstrated a commitment to quality care, improved processes and better patient outcomes. ACS manages and dispenses specialty medications to patients

Bartell Drugs rolls out specialty Rx services

SEATTLE — Bartell Drugs, America’s oldest family-owned pharmacy, has launched a new specialty pharmacy service that personalizes health care for those experiencing conditions requiring specialized ­medications. “Being diagnosed and entering treatment can be overwhelming,” states Bartells clinical programs manager Christina Ree. “Our specialty pharmacy program helps take the fear out of the process and replaces

Bartell Drugs launches specialty pharmacy service

Bartell Drugs launches specialty pharmacy service

SEATTLE — Bartell Drugs has begun offering specialty pharmacy services that provide personalized support for people with chronic conditions. The Puget Sound-area drug chain said Tuesday that the Bartell Specialty Pharmacy programs are available at all of its 65 locations in Washington’s King, Snohomish and Pierce counties. The service provides pharmacy care for such complex

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