NEW YORK — MinuteClinic nurse practitioner Cody Peters didn’t have any family in the health care field when he was growing up, but his parents encouraged him to find a career where he could make the most of his caring and empathetic nature to help others while also creating a sense of purpose and job
The term “disruption” is an exciting prospect in many industries, but for many retail pharmacy professionals the term sparks memories of the grueling conditions at the height of the pandemic, from spikes in demand for drugs and products once readily available to customers queuing out the door waiting for vaccines, tests and treatments and seeking
TUCSON — Chain Drug Review and Mass Market Retailers have partnered with ECRM for Founders’ Innovation Day, an exclusive event designed for D2C and emerging brands to make the most of their potential at food, drug and mass retailers, and from e-commerce. The “day of insight, connection and growth” is being held on June 3
Estimates project that prescription drug middlemen – pharmacy benefit managers (PBMs) – more than doubled their revenue over the course of the last decade and will do so again in the current decade. For example, Fortune Business Insights projects PBM revenues of more than $800 billion by 2030, and Grand View Research projects more than
Direct and indirect remuneration was initiated with best intentions. DIR was originally introduced to create a pharmacy reimbursement model wherein payers would reimburse pharmacies based on patient outcomes, a pay-for-performance model. It included adherence measures and the use of generic drugs so that pharmacies would focus on better outcomes and lower costs — otherwise known
BONITA SPRINGS, Fla. — The emerging leaders of the Emerson Group are bringing their digital commerce expertise to retailers. The team was selected by founder and president Scott Emerson, and the members have honed their e-commerce skills with CPG brands. Now they want to enable retailers — like the ones they spoke to at the
GREAT NECK, N.Y. — With more consumers turning to retail pharmacies as a resource for their health care needs, First Quality continues to invest in its clinical support services to provide education and support on incontinence, menstrual care and baby care. The clinical support reflects First Quality’s heritage in the health care industry, which began
SKILLMAN, N.J. — Last fall, Kenvue Inc., the world’s largest pure-play consumer health company by revenue, announced a major extension to its Listerine line with Listerine Clinical Solutions. The new lineup includes: Listerine Clinical Solutions Antiseptic Gum Health Mouthwash, Clinical Solutions Breath Defense Mouthwash and Clinical Solutions Teeth Strength – Mouthwash. “As the No. 1
At the beginning of the month, retail pharmacy advocates were engaged in a full-court press to convince members of Congress, who were locked in a protracted battle over federal spending and a possible government shutdown, to include meaningful PBM reform in a final budget deal. A coalition of industry groups urged lawmakers to enact what
Stew Turley passed away last month, a victim of deteriorating health and advancing age. To those who knew and worked with Turley, no explanation of the man’s impact and influence on chain drug retailing in America during the last half of the 20th century would suffice to explain the impact the news of his passing
NEW YORK — The Agile Innovation Series focuses on the need for organizations to constantly evolve and innovate with an agile mind-set to remain viable in today’s dynamic world. Throughout the series accelerate360’s Trey Holder explores the current business environment through interviews with leaders in a variety of fields. This month, Holder caught up with
KANSAS CITY — In 2024, Hallmark will continue to build on the popularity of Hallmark + Venmo Cards. These new cards offer a unique and convenient way of gifting to friends and family. “With this recently launched, first-of-its kind collaboration, customers can now securely send money with Venmo in a physical Hallmark card. By bringing
Younger adults don’t have a corner on the tech market — far from it. A new AARP survey finds that older Americans are about as likely as those under age 50 to own a smartphone, tablet or other device. Nearly nine out of 10 Americans (89% of those 50-plus and 90% of those 18 to
Lindsay Proffitt, who runs the private label over-the-counter drug business at Dr. Reddy’s, spoke with Chain Drug Review about her role, the significance of store brands for the company and the opportunities they present. CDR: What is your title and what are your responsibilities? PROFFITT: My title is head of private label O-T-C product management,
