DEERFIELD, Ill. — Walgreen Co. is restructuring its health care divisions in a bid to more effectively sell its pharmacy and wellness services to employers, managed care organizations, pharmacy benefit managers and government clients. “Simply put, we are integrating Walgreens 70,000 health care providers, on the front lines of health care across the organization, with
WOONSOCKET, R.I. — CVS Caremark Corp. has promoted four top executives on the retail side of its business. Scott Baker has been named executive vice president of internal operations and real estate. He oversees store operations, retail pharmacy operations and real estate. Among those reporting to Baker is Charley Golden, who has been promoted to
NEW YORK — Walgreen Co.’s ownership will accelerate Duane Reade’s drive to be an urban drug chain without equal, according to Duane Reade chairman and chief executive officer John Lederer. “Our mission was to build the best urban drug store proposition in America,” says Lederer. “Clearly now, with the power and strength and breadth of
WOONSOCKET, R.I. — CVS Caremark Corp. has launched a partnership to develop ways to encourage medication adherence. The Behavior Change Research Partnership will help health care providers better understand why people choose to follow — or ignore — their prescribed medication regimen, and look for ways to encourage those patients to make more effective health
WASHINGTON — A determined President Obama, calling for an “up or down” vote on his health care reform proposal, is depending on his Democrat colleagues to pass a measure that has already been rejected by Republicans. “I believe the United States Congress owes the American people a final vote on health care reform,” the president
DEERFIELD, Ill. — Eddie Frail, who joined Walgreen Co. last June as divisional vice president and general merchandise manager of seasonal and general merchandise, has left the company. No replacement has been named. Frail joined Walgreens after a 21-year career at Walmart, where he last served as vice president and general manager of seasonal, hard
RALEIGH, N.C. — Kerr Drug has retained its title as the top pharmacy chain in Outcomes Pharmaceutical Health Care’s national medication therapy management (MTM) network. With this most recent recognition, Kerr has been named the top pharmacy chain by Outcomes, an MTM services company, for three consecutive years. Last year Kerr pharmacists provided thousands of
WASHINGTON — One of the job creation bills being considered in the Senate contains good news for community pharmacy operators. The legislation includes a six-month extension of a temporary increase in the federal medical assistance percentage (FMAP).That would maintain federal funding for state Medicaid programs at the current higher level through the end of June
Here are five reasons why Walgreens’ recently announced acquisition of Duane Reade makes sound business sense. 1. New York City is the nation’s largest drug store market — and Duane Reade is the city’s dominant drug chain. Moreover, that dominance has, in recent times, come to extend beyond any market share figures (Duane Reade currently
A recent edition of The New York Times carried a story about the plight of independent pharmacies in America. Appearing under the headline, “For a Drugstore, ‘Nice’ Isn’t a Panacea,” the article does a good job outlining the strengths of independents and the challenges that they currently face. In contrasting such retailers with chain drug
