NEW YORK — More than half of American adults taking prescription drugs misused their medications last year, according to a new study by Quest Diagnostics. Quest believes that the study, “Prescription Drug Monitoring Report 2016,” is the largest-ever examination of drug misuse based on physician-ordered lab tests. The misuse included potentially dangerous combinations with other
BENTONVILLE, Ark. — In a major follow-up to the sustainable chemistry policy it unveiled in 2013, Walmart has published a list of eight controversial chemicals that it is asking suppliers to eliminate from their products. The targeted substances were limited in number to make quick progress easier. The list of what Walmart has designated high-priority
WASHINGTON — A new study by personnel of the Centers for Medicare & Medicaid Services (CMS) projects that health care spending in the United States will exceed $10,000 per person this year. The report, published in the health policy journal Health Affairs, predicts that health care spending growth is accelerating after several years of unusually
WOONSOCKET, R.I. — CVS Health is deploying its expanded assortment of healthier food and beverages to more than 2,900 CVS Pharmacy stores across the nation. The assortment was piloted in an initial 500 locations last year. CVS is now implementing the expanded healthy food offerings in 100 stores each week through the end of the
DEERFIELD, Ill. — A new study from Walgreens Boots Alliance Inc. indicates that pharmacy interventions can lead to greater medication adherence and lower health care costs. The study, titled “Improving Medication Adherence and Health Care Outcomes in a Commercial Population Through a Community Pharmacy,” was published in a recent issue of Population Health Management. The
NEW YORK — Within hours of each other, the governors of California and New York recently signed bills that will eventually raise the minimum wage in their states to $15. The moves have intensified debate over the possible implications for the retail industry, which relies heavily on workers with low skills who typically receive comparatively
CAMP HILL, Pa. — Reflecting Rite Aid Corp.’s expanded organization and breadth of health care services, Ken Martindale has been promoted to a new position, chief executive officer of Rite Aid Stores. At the time of the promotion he was president and chief operating officer. He retains the role of president and continues to report
CAMP HILL, Pa. — In addition to Ken Martindale’s promotion to the newly created position of chief executive officer of Rite Aid Stores, Rite Aid Corp. has made three senior executive appointments. Jocelyn Konrad has been promoted to executive vice president of pharmacy, David Abelman has been promoted to the new position of executive vice
LINTHICUM, Md. — For Care Pharmacies, 2014 was a year of impressive top-line growth while the company continued to focus on infrastructure improvement with a number of technology initiatives. Sales for the year soared 26.6% to $463.3 million, driven largely by the entry into the market of hepatitis C drugs, says chief executive officer Michael
CAMP HILL, Pa. — Rite Aid Corp. has broadened and deepened its health care footprint by agreeing to acquire pharmacy benefits manager Envision Pharmaceutical Services (EnvisionRx) for around $2 billion in cash and stock from TPG, a private investment firm. The transaction, which has been approved by the boards of directors of both companies, is
BENTONVILLE, Ark. — Walmart stunned the retail world when it announced recently that it would give raises to approximately 500,000 employees, increasing its base hourly pay rate above the federal minimum wage. In the wake of Walmart’s move, industry observers and analysts have been examining the possible implications for the rest of the industry. Through
MINNEAPOLIS — Target Corp. revealed its plan for future growth at its recent investors’ conference here. In addition to fine-tuning its merchandising, the plan calls for the elimination of thousands of headquarters jobs in order to achieve savings of $2 billion. “Following a thorough strategic review of our business, coupled with a careful evaluation of
