Lupin 2024

Issue 10-25-2010

CMS’ new take on AMP rule assessed by NACDS

ALEXANDRIA, Va. — The National Association of Chain Drug Stores is applauding a proposed rule by the Centers for Medicare & Medicaid Services (CMS) that would withdraw two components of a contested 2007 rule that were related to pharmacy reimbursement for Medicaid. That rule has been blocked by an injunction in the aftermath of a

Roberts named COO of Caremark

WOONSOCKET, R.I. — CVS Caremark Corp. has appointed Jon Roberts as chief operating officer of its pharmacy benefit management business. The 54-year-old Roberts, who will continue in his current role as executive vice president of pharmacy purchasing, pricing and network relations, will now also oversee the company’s PBM operations, mail service pharmacy and specialty pharmacy.

Price cuts seen as key to holiday sales gains

NEW YORK — Retailers can look forward to holiday sales that are stronger this year than in 2009, but only if they cut prices. That’s the consensus of industry analysts, who say the anemic economic recovery will dissuade consumers from opening their pocketbooks for Christmas unless they find bargains. Their retail sales expectations come on

Drug disposal plan launched by Walgreens

DEERFIELD, Ill. — Walgreen Co. has begun selling special envelopes to help consumers dispose of medications that they no longer need. Walgreens says the drug disposal program, which began earlier this month at its pharmacies across the country, is the first of its kind in the United States. Consumers can buy disposal envelopes for $2.99

Immunizations raise profile of retail pharmacy

NEW YORK — Chain pharmacies, already fully engaged in providing flu shots, have extended their immunization programs to respond to a whooping cough (pertussis) outbreak in California. With the state on pace for its worst pertussis epidemic in nearly five decades, federal and state officials have strongly encouraged vaccinations to help increase immunity and stop

Walmart gets ready to go small

NEW YORK — Walmart is stepping up its challenge to drug chains with the rollout of a new small-format store as part of an urban strategy. The discount store chain will target cities and small towns with the new outlets, which will be less than 30,000 square feet. It will also continue to open Neighborhood

Jean Coutu unveils hypertension program

LONGUEUIL, Quebec — The Jean Coutu Group Inc. has introduced a hypertension monitoring program that enables patients to control their blood pressure in cooperation with both their pharmacist and their physician. Called Caution Hypertension, the program uses an automated blood pressure measuring device and memory card found in all of Coutu’s more than 350 pharmacies.

Pharmaca tabs Janda VP of operations

BOULDER, Colo. — Allison Janda has been named vice president of retail store operations at Pharmaca Integrative Pharmacy. The regional drug chain says Janda, who has been with the company since 2006, will oversee efforts to implement its brand and values across its nearly two dozen stores in California, Colorado, New Mexico, Oregon and Washington.

Walmart may be catalyst in prescription drug plan arena

The muted reaction from the consumer press to the announcement by Walmart and Humana Inc. that they are offering a low-cost, co-branded prescription drug plan (PDP) for Medicare beneficiaries was puzzling. Designed as a follow-up to Walmart’s vaunted $4 generic drug program, the new plan, which is billed as having the lowest national monthly premium