GREAT NECK, N.Y. — As more consumers turn to retail pharmacies for a wide range of health and wellness needs, First Quality is delivering innovative solutions backed by healthcare experience. The company entered the healthcare industry more than 30 years ago with a focus on providing adult incontinence products to long-term care and assisted living
WOONSOCKET, R.I. — CVS Health topped Wall Street’s estimates for the top and bottom lines for the second quarter ended June 30. Revenue, driven by growth across segments, rose 10.3% to $88.9 billion, exceeding analysts’ forecast of an $86.45 billion. While adjusted earnings dipped 12.6% from the year-ago period to $2.21 per share, they beat
ORLANDO —Transaction Data Systems (TDS), a portfolio company of BlackRock Long Term Private Capital and GTCR, announces the closing of the previously announced transaction with Cardinal Health. TDS has merged with Outcomes to bring together a full suite of patient engagement, clinical and pharmacy workflow solutions to the nation’s largest network of retail, chain, and
PHILADELPHIA — Rite Aid Corp. reported a narrower first quarter loss than analysts had projected, and beat revenue forecasts. The company posted an adjusted loss per share loss of 73 cents, which was much better than Wall Street’s estimate of $1.50. Revenue for the period ended June 3 dipped to $5.653 billion from $6.015 billion
CHICAGO – Circana, formerly NPD and IRI, has launched Circana Lift for Snap Inc., creator of Snapchat. Circana Lift enables consumer packaged goods (CPG) manufacturers and retailers to accurately measure how their Snapchat advertising campaigns drive offline sales, providing insights into campaign effectiveness. Circana Lift offers advertisers the unprecedented ability to answer key performance questions
MEDINA, Ohio — U.S. Rep. Max Miller (R., Ohio) visited Discount Drug Mart’s corporate headquarters and distribution center, and met with Don Boodjeh, the retailer’s CEO, and other company executives. “I really enjoyed visiting Discount Drug Mart,” said Miller, noting that the company is one of his district’s largest employers. “I had great conversations with
DEERFIELD, Ill. — Walgreens and Freenome have established a multi-year relationship to advance clinical studies of the latter’s blood-based tests for the early detection of cancer. Walgreens will combine its national footprint, patient insights, compliant recruitment technology and local infrastructure to engage diverse patient populations in Freenome’s multi-cancer research program. “At Walgreens, our aim is to
WOONSOCKET, R.I. — CVS Health will purchase zero-emission, renewable energy from Constellation Energy Corp. equivalent to the annual electricity use of its 147 stores in Michigan. Through a 12-year agreement beginning in April 2025, CVS will buy energy and renewable energy certificates (RECs) from Swift Current Energy’s Double Black Diamond Solar Project in Illinois. This
GRETNA, Neb. — Hy-Vee Inc. has debuted a reimagined grocery store here, outside Omaha. The 135,000-square-foot supermarket, the company’s largest, is accompanied by a 6,300-square-foot Aisles Online grocery delivery and pickup service and a 4,250-square-foot Hy-Vee Fast & Fresh convenience store adjacent to the grocery store. The innovative format offers a new dining experience for
COLORADO SPRINGS, Colo. — The Healthcare Distribution Alliance (HDA) honored nine pharmaceutical and consumer product manufacturers with Distribution Industry Awards for Notable Achievements in Healthcare (DIANA Awards) at its 2023 Business and Leadership Conference. The DIANA is one of HDA’s highest honors. The award was established in 1959 to recognize manufacturer members for developing new and
DEERFIELD, Ill. _ Walgreens is teaming up with Greater Than HIV, a public information initiative of KFF, along with health departments and community organizations, to provide free HIV testing and counseling as part of the largest National HIV Testing Day event yet. Hundreds of local health departments and community organizations will be at more than 400 Walgreens
COLORADO SPRINGS, Colo. — The Healthcare Distribution Alliance Research Foundation has honored Mike Kaufmann, former CEO of Cardinal Health, with the 2023 Nexus Award for Lifetime Achievement. The award, the healthcare distribution industry’s highest individual achievement, was presented Monday at the HDA’s Business and Leadership Conference. Founded in 1956, the Nexus Award recognizes one industry
WOONSOCKET, R.I. — MinuteClinic has received its sixth consecutive Ambulatory Health Care Accreditation from The Joint Commission. Since 2006 — when it was the first retail medical clinic in the U.S. to receive such accreditation — the CVS walk-in clinic has earned the Gold Seal of Approval by demonstrating continuous compliance with nationally recognized standards.
WOONSOCKET, R.I. _ Michael Wier has been promoted to vice president of store brands at CVS Health. He had been executive director – divisional merchandise manager for consumer health and wellness since August 2020. “In this new role, I am looking forward to collaborating with our exceptional internal and external partners,” Wier wrote on LinkedIn.
