February 27, 2017 by Greg Jacobson and Chain Drug Review
Fred's Pharmacy, Fred’s Inc., Gregory Froton, Kimberley Felice-Dooley, Mike Bloom, Steve Wuebker
2017, Issue 02-27-2017, Issues, News
MEMPHIS — Fred’s Inc. has strengthened its executive leadership team with two recent hires and a promotion. Most recently the regional discount and drug chain added Gregory Froton as senior vice president of merchandising, general merchandise, and promoted Kimberley Felice-Dooley to the position of senior vice president of merchandising, consumables. In December the company appointed
February 21, 2017 by Greg Jacobson and Chain Drug Review
ACA, Aetna, Affordable Care Act, health insurance exchanges, Humana, Mark Bertolini, Obamacare, Tom Price
Featured Articles, Leading Headlines, Pharmacy, Retail News
WASHINGTON — Humana Inc.’s decision to pull out of the health insurance exchanges created by the Affordable Care Act threatens to cripple Obamacare before Republican lawmakers bent on its repeal can cobble together a replacement. The Humana decision came one day before the Trump White House issued a proposed rule that attempts to offer insurers
February 6, 2017 by Greg Jacobson and Chain Drug Review
Affordable Care Act, Bill Cassidy, Chuck Schumer, Kellyanne Conway, Obamacare, Obamacare Replacement Act, Patient Freedom Act of 2017, President Donald Trump, Rand Paul, repeal the ACA, Susan Collins
2017, Issue 02-06-2017, Issues, News
WASHINGTON — In his first executive order after taking office, President Donald Trump ordered federal agencies to waive or delay any provisions of the Affordable Care Act they consider onerous to individuals, states or insurers. The order contained few specifics, however, and raised more questions about the fate and direction of the country’s health care
January 16, 2017 by Greg Jacobson and Chain Drug Review
ACA, Affordable Care Act, Chris Collins, Donald Trump, Mike Pence, Obamacare
2017, Issue 01-16-2017, Issues, News
WASHINGTON — Republicans in the Senate and House of Representatives are aggressively pushing ahead with measures to repeal the Affordable Care Act despite the fact that they have no coherent alternative to replace it. Health care industry analysts and trade associations have warned that repealing or gutting the law without an adequate substitute could create
January 2, 2017 by Greg Jacobson and Chain Drug Review
Alex Gourlay, Brian Tanquilut, Fred's, Jefferies LLC, Rite Aid, Stefano Pessina, Walgreens Boots Alliance, Walgreens-Rite Aid merger
2017, Issue 01-02-2017, Issues, News
NEW YORK — Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have agreed to sell 865 Rite Aid stores and related assets to Fred’s Inc. for $950 million in cash. The deal is subject to approval by the Federal Trade Commission as well as approval and completion of the pending WBA acquisition of Rite
January 2, 2017 by Greg Jacobson and Chain Drug Review
2017, Issue 01-02-2017, Issues, News
MEMPHIS — Fred’s Inc.’s purchase of nearly 900 Rite Aid stores will accelerate the regional chain’s health care growth strategy, according to ichief executive officer Mike Bloom. “This will be a transformative event for Fred’s Pharmacy,” Bloom says. “We believe that this transaction will also create tremendous opportunities for both our new and existing front-of-store
January 2, 2017 by Greg Jacobson and Chain Drug Review
Affordable Care Act, Andy Slavitt, Centers for Medicare & Medicaid Services, CMS, spending for prescription drugs, U.S. health care spending
2017, Issue 01-02-2017, Issues, News
WASHINGTON — Health care spending in the United States grew 5.8% to $3.2 trillion during 2015, according to a new study by the Centers for Medicare & Medicaid Services (CMS). On a per capita basis, U.S. health care spending grew 5% to $9,990 per person. The overall increase exceeded the 5.5% rise projected by CMS
January 2, 2017 by Greg Jacobson and Chain Drug Review
Amazon, Amazon Go, Amazon.com, drone delivery, Jeff Bezos, Keith Anderson, Prime Air, Profitero, retail innovation
2017, Business, Issue 01-02-2017, Issues, Leading Headlines, News, Retail News
SEATTLE — Amazon.com Inc. continues to push the retail innovation envelope, recently unveiling a store without checkouts and field testing delivery by drones in the United Kingdom. The 1,800-square-foot Amazon Go store perhaps most closely resembles a high-end, high-tech convenience store. Customers do not need to scan their purchases or go through a checkout line.
December 13, 2016 by Greg Jacobson and Chain Drug Review
21st Century Cures Act, Barack Obama, Joe Biden, new drugs, pharmaceutical research, PhRMA, Stephen Ubl, video
Leading Headlines, Pharmacy, Supplier News, Videos
WASHINGTON — President Barack Obama today signed the landmark 21st Century Cures Act into law. At a ceremony with Vice President Joe Biden, who helped shepherd the sweeping health bill through Congress, Obama said the new law “touches every family across America” and “unleashes the full force of American innovation.” The 21st Century Cures Act
November 23, 2016 by Greg Jacobson and Chain Drug Review
BioScrip, Christopher Casale, specialty pharmacy, Walgreens Specialty Pharmacy
Featured Articles, Leading Headlines, Pharmacy, Retail News
BOSTON — Specialty medications have emerged as one of the fastest-growing segments of the overall pharmacy field. But while the specialty segment has garnered headlines mainly for the financial boon it has provided to some manufacturers or others within the industry, a Walgreens specialty pharmacy here provides a revelatory look at what these specialty facilities
September 26, 2016 by Greg Jacobson and Chain Drug Review
2016 presidential election, Affordable Care Act, Donald Trump, drug pricing, generic drugs, health care, Hillary Clinton, prescription drug costs
2016, Business, Issue 09-26-2016, Issues, Leading Headlines, News, Retail News
NEW YORK — With the 2016 presidential election drawing near, health care has emerged as a policy area in which the two major candidates’ differences are strikingly clear. A useful starting point might be their respective approaches to prescription drug pricing. The Republican candidate, Donald Trump, created a sensation in January when he advocated allowing
August 6, 2016 by Greg Jacobson and Chain Drug Review
Axium Pharmacy Holdings, Dom Meffe, Kroger, Mark Montgomery, Modern HC Holdings, ModernHEALTH, specialty pharmacy
2016, Issue 08-08-2016, Issues, News
CINCINNATI — Axium Pharmacy Holdings Inc., a unit of Kroger Co., has agreed to acquire Modern HC Holdings Inc. (ModernHEALTH), a specialty pharmacy operator, to create a combined specialty pharmacy organization. Terms of the transaction, which is subject to regulatory approval, were not disclosed. The new entity will operate as a wholly owned subsidiary of
August 6, 2016 by Greg Jacobson and Chain Drug Review
Boots, Emart, Gab-Soo Lee, hypermarket, Ornella Barra, Shinsegae Group, Walgreens Boots Alliance, WBA
2016, Issue 08-08-2016, Issues, News
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) has signed an agreement to form a franchise partnership with Emart Co., a subsidiary of South Korea’s largest retailer, Shinsegae Group. Under the terms of the partnership, the two companies will create a pharmacy-led health and beauty retail franchise in South Korea operating under the Boots banner.
August 6, 2016 by Greg Jacobson and Chain Drug Review
Canada Health Transfer, CHT, Justin Bates, Neighbourhood Pharmacies, Neighbourhood Pharmacy Association of Canada, pharmaceutical pricing
2016, Issue 08-08-2016, Issues, News
TORONTO — The Neighbourhood Pharmacy Association of Canada (Neighbourhood Pharmacies) has responded to a recent communiqué issued by Canada’s provincial and territorial premiers regarding the nation’s health care system. While expressing support for the premiers’ concern about the system’s economic sustainaibility, Neighbourhood Pharmacies emphasizes that health care sustainability must include pharmaceutical pricing models that deliver