DEERFIELD, Ill. — Walgreen Co. has announced a number of executive promotions. Wade Miquelon has been promoted to the position of executive vice president and chief financial officer, while John Spina was named corporate vice president of retail integration and new format development. Miquelon joined Walgreens as senior vice president and chief financial officer in
TORONTO — The government of Ontario is moving quickly to achieve further savings and greater efficiency in its drug plan. According to the province’s health ministry, there are five main reasons why a second round of reform is needed: There is a growing demand for prescription drugs, which will result in increased government costs; spending
WOONSOCKET, R.I. — CVS Caremark Corp. has named Dr. Andrew Sussman president and chief operating officer of its MinuteClinic business. In addition, he has been made CVS Caremark’s senior vice president and associate chief medical officer. Sussman was previously executive vice president and chief operating officer of UMass Memorial Medical Center, the major teaching arm
BENTONVILLE, Ark. — Former Wal-Mart Stores Inc. executives Bob Dufour and Chuck Fehlig have joined retail, pharmacy and health care consulting firm Blue Ocean Innovative Solutions Inc. Dufour takes the post of chief operating officer, and Fehlig serves as chief merchandising officer, said Blue Ocean founder, president and chief executive officer Bruce Painter, who also
WILMINGTON, Del. — Walgreen Co. has again extended its deadline for filling Medicaid prescriptions in Delaware after announcing it would stop doing so because of proposed cuts in pharmacy reimbursement rates. The Delaware Department of Health and Social Services (DHSS) said Wednesday that Walgreens will allow Delaware Medicaid participants to fill prescriptions at its pharmacies
CAMP HILL, Pa. — Rite Aid Corp. said Thursday that same-store sales fell 0.6% in June, while total sales slipped 2.5% during the period. For the four weeks ended June 27, front-end same-store sales dropped 4.5% and pharmacy same-store sales, which reflected a 484 basis-point negative impact from new generic drug introductions, rose 1.4%. Rite
WASHINGTON — More than 100 community pharmacy advocates from over 30 states met with legislators as part of the National Association of Chain Drug Stores’ inaugural RxImpact Day on Capitol Hill on June 17. The meetings were supplemented by approximately 1,000 letters submitted through NACDS’ RxImpact web site as part of a grassroots campaign to
ALEXANDRIA, Va. — The National Association of Chain Drug Stores and the Food Marketing Institute (FMI) have filed with a federal appeals court a legal brief challenging the First DataBank and Medi-Span Inc. settlements, which reduce average wholesale prices (AWPs). The two trade associations were joined in the brief by pharmacies asserting that the AWP
ALEXANDRIA, Va. — Challenging the First DataBank and Medi-Span settlements that reduce average wholesale prices (AWPs) for prescription drugs, the National Association of Chain Drug Stores and the Food Marketing Institute have filed their principal legal brief with the U.S. Court of Appeals for the First Circuit. The enactment of the AWP cuts would slash
WOONSOCKET, R.I. — This quarter CVS Caremark Corp. is slated to begin piloting its Consumer Engagement Engine, a data integration and intelligence solution that is designed to boost prescription drug adherence and effectiveness by providing a comprehensive view of the customer. Executive vice president and chief medical officer Troy Brennan outlined the system and its
DEERFIELD, Ill. — Citing "new and extreme" cuts in prescription drug reimbursements, Walgreen Co. plans to stop filling Medicaid prescriptions starting July 6 in its 66 Happy Harry’s pharmacies in Delaware. The drug store chain said the new Medicaid reimbursement rule, which went into effect April 1, is slated to become part of Delaware’s new
BOSTON — A renewed emphasis on providing stimulating, eclectic information for retailers and suppliers will mark this year’s NACDS Marketplace Conference, which runs June 28 to July 1 in Boston. “We’ll have people from east, west, north and south at the Boston Convention Center, and chains and manufacturers of all sizes,” says Jim Whitman, National
NEW YORK — As the threat of a worldwide swine flu pandemic emerged last month, drug chains and suppliers across North America readied themselves for a possible rush on hygiene products and prescription drugs. At CVS Caremark Corp., for instance, a spokesman said the 6,900-store chain was stocking up on hand sanitizers, face masks and
WOONSOCKET, R.I. — CVS Caremark Corp. is offering Double My Bucks!, a special promotion that gives double Extra Bucks loyalty program rewards to customers purchasing prescriptions. The promotion runs from May 1 through June 15. By presenting a Double My Bucks! certificate along with their ExtraCare card at any CVS store, shoppers receive $2 Extra
