RALEIGH, N.C. — While national drug chains are successful at what they do, there is another approach to pharmacy, says Kerr Drug president and chief executive Tony Civello. That approach is exemplified by Kerr’s forward-looking Community Healthcare Center in Chapel Hill, N.C., which emphasizes clinical pharmacy over prescription fulfillment. Pharmacists at the store and other
GOUVERNEUR, N.Y. — Kinney Drugs has seen a spike in the number of patients using its extensive roster of pharmacy services since the 92-store chain began promoting the offerings last month, executives say. While most of the services — including immunizations, medication therapy management, automatic refills, compliance programs and home delivery of prescriptions — have
ALEXANDRIA, Va. — The National Association of Chain Drug Stores has hailed an article in the Journal of the American Medical Association (JAMA) as further validation of the need for public policy to embrace pharmacists’ expertise in helping patients take their medications correctly. The association says the article supports its ongoing campaign to raise awareness
NEW YORK — Drug chains and their business partners are providing unique programs and services in recognition of American Diabetes Month. CVS Caremark Corp.’s MinuteClinic health clinic subsidiary, for example, has teamed up with Bayer Diabetes Care to offer free A1c tests at its clinics in select CVS pharmacies nationwide through November 25. “Our goal
DEERFIELD, Ill. — The Walgreens Prescription Savings Club (PSC), a formulary of more than 8,000 branded and generic medications, is now accessible to doctors and other prescribing health care providers through a partnership between Walgreen Co. and Epocrates Inc. The initiative uses the health information technology provider’s mobile and online drug reference tools to help
WOONSOCKET, R.I. — CVS Caremark Corp. has launched an application for customers using Apple Inc.’s iPhone and other mobile devices. Available as a free, downloadable application from iTunes and the Apple App Store, the CVS iPhone application gives customers access to the same features that are available through the CVS web site. Users of the
KIRKWOOD, Mo. — Supervalu Inc.’s Shop ’n Save food and drug chain has acquired Rinderer’s Drug Stores Inc. The deal for the six-store drug chain will see Shop ’n Save incorporate three Rinderer’s units into its store base, bringing its total number of community pharmacies in the St. Louis and Springfield, Ill., markets to 34.
In the mass retailing firmament, the retailer is king. For industry suppliers, a primary objective is getting close to the retail merchants who make the key decisions affecting their products. There’s no new news in the previous paragraph. Since the advent of mass retailing, as the stakes have risen with the growth of retail chains
If a new survey of pharmaceutical executives whose companies account for more than 40% of the industry’s global revenue is any indication, an era characterized by a remarkable level of innovation may be drawing to a close. Conducted by Roland Berger Strategy Consultants, the research shows that 65% of the companies involved are rethinking their
NEW YORK — Despite warning that earnings and sales growth next year could fall below long-term goals, CVS Caremark Corp. executives told those who gathered for its annual analysts meeting that the company still has a bright future. “We offer the most convenient access point for health care,” chairman and chief executive officer Tom Ryan
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
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.
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
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
