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Retailers scramble to get going with chip cards

Retailers scramble to get going with chip cards

Retailer adoption of EMV chip card technology continues to lag since an Oct. 1 deadline shifting liability for some fraudulent transactions to merchants, according to a report by Bloomberg on Wednesday. Citing data from research firm Mercator Advisory Group, Bloomberg reported that even though nearly 60% of bank-issued credit cards have an embedded chip for

Loyalty card programs could use some fixin’

Loyalty card programs could use some fixin’

Many retailer loyalty card programs don’t work because they’re “consumer unfriendly,” says Kurt Jetta, founder and CEO of TABS Analytics. In a blog post yesterday, Jetta spotlights several problems with current loyalty programs, namely the following: the offers are confusing, consumers have to jump through too many hoops to get the deal, shoppers often must

The growing reach of Walgreens Boots Alliance

The growing reach of Walgreens Boots Alliance

The presence of Walgreens Boots Alliance (WBA) across the pharmacy care sector continues to broaden and deepen. Over two days earlier this month, WBA unveiled an integrated pharmacy offering with PBM OptumRx and then announced that it’s boosting its equity stake in drug distributor AmerisourceBergen. The highlight of the offering with OptumRx is that members

Report: McKesson cutting 1,600 jobs

Report: McKesson cutting 1,600 jobs

McKesson is laying off 1,600 employees, or 4% of its U.S. workforce, in the wake of losing some key clients, Bloomberg reported late Wednesday. The nation’s largest pharmaceutical distributor, McKesson started informing staff about the cuts in the middle of this month after having done a strategic review in January, according to Bloomberg. Of late,

Benzer opens specialty Rx hub in New Orleans

Benzer opens specialty Rx hub in New Orleans

Benzer Pharmacy’s specialty medication arm has set up shop on New Orlean’s Canal Street by establishing a center of excellence, with a focus on HIV and hepatitis C. Located at 2525 Canal St., the location’s services include insurance benefits verification, completion of prior authorizations, appeals processing and submission, financial assistance programs (co-pay/foundations) and drug/disease patient

Final AMP-based FULs coming soon

Final AMP-based FULs coming soon

The National Association of Chain Drug Stores reports that final average manufacturer price (AMP)-based federal upper limits (FULs) are set to be published by the Centers for Medicare & Medicaid Services (CMS) late this month. Once instituted, the final AMP-based FULs will “significantly change” Medicaid pharmacy reimbursement for branded and generic drugs, according to NACDS.

PharmaSmart joins call for BP device regulation

PharmaSmart joins call for BP device regulation

PharmaSmart International is among a group of hypertension organizations urging sharper regulation of consumer blood pressure devices. The blood pressure kiosk maker reported that 21 international hypertension organizations have published a joint statement calling on the private health care sector and governments to address the issue of inaccurate BP devices. Citing inadequate regulatory control and

NCPA gives heads-up on proposed Part D changes

NCPA gives heads-up on proposed Part D changes

The National Community Pharmacists Association has given a rundown of what it described as a “wide-ranging” 228-page call letter by the Centers for Medicare & Medicaid Services (CMS) concerning proposed revisions to Medicare Part D prescription drug plans in 2017. In a blog post this week, NCPA outlined some of the key changes that community

Canadian drug chains mull medical marijuana

Canadian drug chains mull medical marijuana

Shoppers Drug Mart and London Drugs, two of Canada’s largest pharmacy chains, reportedly are considering selling medical marijuana. A published report by The Globe and Mail this week said Shoppers Drug Mart has made inquiries with medical marijuana suppliers. The article also reported that the drug chain, Canada’s largest with over 1,300 stores, has discussed

CVS makes ‘Most Innovative Companies’ list

CVS makes ‘Most Innovative Companies’ list

CVS Health has made the 2016 Fast Company “50 Most Innovative Companies” list, coming in at No. 3. The business publication said CVS was among a number of first-timers on the annual list, including pharmaceutical manufacturer Bristol-Myers Squibb, which was No. 17. According to Fast Company, the list recognizes “leading enterprises and rising newcomers that

Diplomat’s new online look

Diplomat’s new online look

Diplomat Pharmacy has gone live with what the company describes as a “re-envisioned” website. The nation’s largest independent specialty pharmacy said its revamped website is “user-centric, story-driven, knowledge-based and mobile-friendly.” Key features include a sleek, intuitive layout; fresh, relevant content such as Diplomat’s “Areas of Excellence”; guided user experiences for patients, prescribers and caregivers; and