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CVS Health names Neela Montgomery president of CVS Pharmacy

CVS Health names Neela Montgomery president of CVS Pharmacy

WOONSOCKET, R.I. — CVS Health announced today that Neela Montgomery has been named executive vice president and president of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company’s 10,000 pharmacies across the United States. “Neela is a seasoned retail industry leader with extensive digital and e-commerce experience,” said Karen Lynch, who will become president and

Critical issues in retail pharmacy

Critical issues in retail pharmacy

Key leaders in community pharmacy recently assembled for a roundtable sponsored by Chain Drug Review to discuss the profession’s impact on health care during the COVID-19 outbreak and beyond. In these highlights from the meeting, panelists from the retailing, pharmaceutical manufacturing and technology sides of the business address the industry’s response to the pandemic, the

Walmart Health concept makes Chicago debut

Walmart Health concept makes Chicago debut

CHICAGO — Two Walmart Supercenters here that were damaged during civil unrest in May have reopened with new health centers attached. “These last few months have been especially difficult for this great city, and it has done a remarkable job facing its challenges head on,” said Keith Wyche, Walmart vice president for community engagement and

Walgreens rolls out new loyalty program

Walgreens rolls out new loyalty program

DEERFIELD, Ill. – Walgreens has launched myWalgreens, a complete reinvention of its customer loyalty program to offer customers extensive new benefits, including the fastest same-day retail pickup currently available. Customers can now shop online and on a fully-redesigned mobile app for health and wellness items, and then pick them up in the store, curbside or

Amazon’s disruptive actions bring opportunities

Amazon’s disruptive actions bring opportunities

Ever since its launch as an online bookstore 25 years ago, Amazon has ignored traditional economics as it solves customer challenges in new ways — raising expectations and forcing competitors to do better in the process. Over the past few years, Amazon has ramped up the number of experiments, acquisitions and offerings across the health

Amazon offers new online pharmacy services

Amazon offers new online pharmacy services

SEATTLE — Amazon is rolling out two new pharmacy offerings to help customers conveniently purchase their prescription medications. Amazon Pharmacy, a new store on Amazon, allows customers to complete an entire pharmacy transaction on their desktop or mobile device through the Amazon App. The company is also offering special discounts to Prime members. Using a

Video Forum: Lynne Fruth, Fruth Pharmacy

Video Forum: Lynne Fruth, Fruth Pharmacy

  Lynne Fruth, president of Fruth Pharmacy, tells this week’s Video Forum about how the COVID-19 pandemic has made the drug chain’s contributions to the communities it serves more important than ever. Issues covered include Fruth’s coronavirus testing initiatives, efforts to expand pharmacy’s role in health care, and the threat to the profession posed by

NACDS issues statement on HHS COVID-19 vaccination announcement

NACDS issues statement on HHS COVID-19 vaccination announcement

ARLINGTON, Va. — NACDS President and CEO Steven Anderson issued the following statement, upon the U.S. Department of Health and Human Services’ announcement about national and regional chain pharmacies’ and independent pharmacies’ role in increasing access to future COVID-19 vaccinations:  “This announcement reflects continued progress to put the trust, accessibility and professionalism of pharmacies and pharmacists to work for the American people – including the traditionally underserved

Administration partners with chains, independent pharmacies to distribute future COVID-19 vaccines

Administration partners with chains, independent pharmacies to distribute future COVID-19 vaccines

WASHINGTON — To maximize access to COVID-19 vaccines for all Americans, the U.S. Department of Health and Human Services (HHS) today announced the U.S. government’s partnerships with large chain pharmacies and networks that represent independent pharmacies and regional chains. Through the partnership with pharmacy chains, this program covers approximately 60% of pharmacies throughout the 50

Finke to lead Health Care Benefits Segment at CVS

Finke to lead Health Care Benefits Segment at CVS

WOONSOCKET, R.I. — CVS Health announced on Wednesday that Daniel Finke has been named executive vice president, CVS Health and president, Health Care Benefits Segment (HCB) effective February 1, 2021. Finke will succeed Karen Lynch, who will become president and CEO of CVS Health in February. HCB provides solutions to employers and government businesses, serving more

CVS to invest in affordable housing in Orlando

CVS to invest in affordable housing in Orlando

WOONSOCKET, R.I. — CVS Health announced on Tuesday it will invest in 116 units of affordable housing and expand its no-cost preventive health screening program to Orlando as part of the company’s commitment of nearly $600 million over five years to address racial inequity and social determinants of health in Black communities. “Increasing access to housing and services like preventive

Video Forum: Bob Mauch, AmerisourceBergen

Video Forum: Bob Mauch, AmerisourceBergen

In this week’s Video Forum, Bob Mauch, group president of AmerisourceBergen and chairman of the Healthcare Distribution Alliance, talks about pharmaceutical distributors’ contributions to the health care system. The durability, reliability and safety of the supply chain, partnerships between wholesalers and retail pharmacy operators, and HDA’s plans for a strategic refresh are among the subjects

Karen Lynch to lead CVS Health in 2021

Karen Lynch to lead CVS Health in 2021

WOONSOCKET, R.I. — CVS Health’s board of directors announced on Friday that Larry Merlo, who has served as CEO of CVS Health for a decade, is stepping down from his role next year and Karen Lynch, currently executive vice president, CVS Health and president, Aetna, will become the company’s next president and chief executive officer,

Study: America’s COVID-19 health crisis is becoming an economic crisis

Study: America’s COVID-19 health crisis is becoming an economic crisis

NEW YORK — With votes from this week’s presidential election still being counted and COVID-19 cases approaching the 10 million mark, a survey recently conducted by Reputation Leaders found six in 10 Americans reported both their health and finances were impacted by COVID-19. A survey of 1000 U.S. adults nationally found 47% of Americans had

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