November 20, 2017 by Geoff Walden and Chain Drug Review
Cardinal Health, George Barrett, Gregory Kenny, Jorge Gomez, Mike Kaufmann
2017, Issue 11-20-2017, Issues, News
DUBLIN, Ohio — Mike Kaufmann has been named chief executive officer of Cardinal Health Inc., effective January 1. The 54-year-old Kaufmann, Cardinal’s chief financial officer, will succeed George Barrett. Barrett, 62, the company’s chairman and CEO since 2009, will serve as executive chairman through the annual shareholders meeting next November. Lead independent director Gregory Kenny
November 20, 2017 by Geoff Walden and Chain Drug Review
Brian Fitzpatrick, Centers for Medicare & Medicaid Services, Gigi Kwik Gronvall, H.R. 4236, Johns Hopkins Center for Health Security, NACDS, National Association of Chain Drug Stores, opioid abuse, opioid crisis, opioid prescriptions, Seema Verma, Steve Anderson
2017, Issue 11-20-2017, Issues, News
BALTIMORE — Pharmacy can be key to thwarting opioid abuse, National Association of Chain Drug Stores president and chief executive officer Steve Anderson told a government summit on the opioid crisis. “Advancing the health and safety of patients, families, communities and the nation remains the priority of pharmacies, and confronting the opioid abuse epidemic is
November 20, 2017 by Geoff Walden and Chain Drug Review
CVS Curbside, CVS next-day prescription delivery, CVS Pharmacy, Helena Foulkes, Instacart, next-day prescription delivery
2017, Issue 11-20-2017, Issues, News
WOONSOCKET, R.I. — CVS Pharmacy will launch next-day prescription delivery nationwide in early 2018. As part of the CVS next-day prescription delivery rollout, same-day delivery will be available in selected cities, with the service beginning in New York next month. “Our goal is to meet the needs of all of our customers wherever, however and
November 20, 2017 by Geoff Walden and Chain Drug Review
CVS Health, John Hammergren, McKesson, RxCrossroads
2017, Issue 11-20-2017, Issues, News
SAN FRANCISCO — McKesson Corp. has agreed to buy RxCrossroads, a provider of tailored services to pharmaceutical and biotechnology manufacturers, from CVS Health. The deal, expected to close early next year, is valued at $735 million, or about $635 million net of the present value of incremental cash tax benefits. It will be funded by
November 6, 2017 by Geoff Walden and Chain Drug Review
Alex Gourlay, Anthem, CVS Caremark PBM, CVS Pharmacy, Express Scripts, Helena Foulkes, IngenioRx, Jon Roberts, Joseph Swedish, Larry Merlo, performance pharmacy network, pharmacy benefit management, Walgreens
2017, Issue 11-06-2017, Issues, News
WOONSOCKET, R.I. — CVS Health has announced two major agreements to boost pharmacy benefit management services. The company late last month introduced a 30,000-store performance-based pharmacy network anchored by CVS Pharmacy and Walgreens designed to deliver savings and improved clinical outcomes for CVS Caremark PBM members. That followed the company’s announcement of a five-year deal
November 6, 2017 by Geoff Walden and Chain Drug Review
ACA marketplaces, Affordable Care Act, Alexander-Murray, health insurance markets
2017, Issue 11-06-2017, Issues, News
WASHINGTON — The future of the bipartisan bill to stabilize health insurance markets remained uncertain after President Trump sent mixed signals about the health reform legislation. GOP senators who met with Trump late last month said he had withheld his backing for the bill, which would temporarily restore insurance subsidies that the president had blocked
November 6, 2017 by Geoff Walden and Chain Drug Review
CVS Health, CVS medication disposal kiosks, CVS Pharmacy, Josh Shapiro, Josh Stein, Thomas Moriarty
2017, Issue 11-06-2017, Issues, News
WOONSOCKET, R.I. — CVS Health has expanded its safe medication disposal program with in-store kiosks. The new disposal units inside 750 CVS Pharmacy stores will add to the more than 800 CVS medication disposal kiosks the company has donated to law enforcement officials across the country. Those units have collected more than 100 metric tons
October 23, 2017 by Geoff Walden and Chain Drug Review
Accredo Health Group, AllianceRx Walgreens Prime, CVS Caremark, Express Scripts, Joel Wright, Prime Therapeutics, Walgreens
2017, Issue 10-23-2017, Issues, News
ORLANDO, Fla. — Merging the specialty pharmacy and mail service capabilities of Walgreens and Prime Therapeutics LLC has created a whole that is greater than the sum of its parts, says Joel Wright, chief executive officer of the newly formed AllianceRx Walgreens Prime. Increased purchasing scale and the addition of Prime’s clinical and lives management
October 23, 2017 by Geoff Walden and Chain Drug Review
Eric La Flèche, François Coutu, Jean Coutu, Jean Coutu Group, McMahon Distributeur Pharmaceutique, Metro Inc., Metro-Jean Coutu merger
2017, Issue 10-23-2017, Issues, News
MONTREAL — The acquisition of the Jean Coutu Group by Metro Inc. will create a $16 billion food and drug retailer with 1,307 stores in Quebec, Ontario and News Brunswick. Metro has agreed to purchase Coutu for $24.50 per share in cash and stock in a total deal valued at $4.5 billion ($3.6 billion U.S.).
October 23, 2017 by Geoff Walden and Chain Drug Review
Boots Retail USA, Lyle Tick, Walgreens, Walgreens Boots Alliance, YourGoodSkin
2017, Issue 10-23-2017, Issues, News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is launching YourGoodSkin, scientifically developed products to help prevent skin problems before they occur. The line will be available at selected Walgreens stores and on Walgreens.com in the U.S. and at Boots stores and on boots.com in the U.K. and Ireland. Cocreated with scientists, dermatologists and a community
October 9, 2017 by Geoff Walden and Chain Drug Review
CVS Pharmacy, CVS Times Square store, Discovery Zones, Judy Sansone, K-Beauty Shop-in-Shop, Trend Zone
2017, Issue 10-09-2017, Issues, News
WOONSOCKET, R.I. — CVS Pharmacy has debuted its largest store in New York City, a Times Square outlet that showcases the retailer’s new health and beauty focus. “We’re excited to bring our enhanced customer experience to Times Square, one of the world’s most vibrant and visited neighborhoods,” said Judy Sansone, senior vice president of front
October 9, 2017 by Geoff Walden and Chain Drug Review
Affordable Care Act, Bill Cassidy, Graham-Cassidy, John McCain, Lindsey Graham, Mitch McConnell, Obamacare, President Donald Trump, Rand Paul, Susan Collins
2017, Issue 10-09-2017, Issues, Leading Headlines, News, Pharmacy, Retail News
WASHINGTON — President Donald Trump said Obamacare would be repealed and replaced early next year, following the failure of the Senate’s latest effort to overturn the law. After the Senate pulled back from a vote on legislation that would have moved control of health insurance to the states, Trump said Republicans “have the votes” to
October 9, 2017 by Geoff Walden and Chain Drug Review
Health Mart, Revene Remedies, Steve Courtman
2017, Issue 10-09-2017, Issues, News
IRVING, Texas — Health Mart has kicked off a Town Hall continuing education series titled “Revenue Remedies: Inject Profits into Your Business with Expanded Partnerships and Clinical Services.” The independent pharmacy network will host more than 80 events across the country through early next year. The new events will help pharmacies overcome barriers and maximize
September 25, 2017 by Geoff Walden and Chain Drug Review
Bob Moran, Bryan Everett, GNC Holdings, John Standley, Ken Martindale, Rite Aid, Tricia Tolivar
2017, Issue 09-25-2017, Issues, News
CAMP HILL, Pa. — Ken Martindale, who was an integral part of the turnaround team at Rite Aid Corp., has left the company to head GNC Holdings Inc. Martindale, who was president of Rite Aid and chief executive officer of stores, has become CEO of GNC, which has almost 2,400 stores within a store at