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Issue 01-05-2015

CDR gives top honor to Foulkes, CVS team

CDR gives top honor to Foulkes, CVS team

WOONSOCKET, R.I. — The editors of Chain Drug Review have named Helena Foulkes, president of CVS/pharmacy, and her colleagues on the company’s retail leadership team as the publication’s Chain Drug Retailers of the Year for 2014. Though Foulkes has been in this position for only 12 months, the group of veteran executives that she heads

Rite Aid’s Montini is named Merchant of the Year

Rite Aid’s Montini is named Merchant of the Year

CAMP HILL, Pa. — There’s an underlying principle guiding Tony Montini and the merchandising and category management teams at Rite Aid Corp.: Be quick to act, but only when you have facts and data to support decisions. In the fast-changing arena of health and convenience retailing, Montini, the drug chain’s executive vice president of merchandising,

Pharmacy innovation award goes to Health Mart

Pharmacy innovation award goes to Health Mart

SAN FRANCISCO — What the ideal health care delivery model will look like in five or 10 years remains a mystery, but a few things that most experts agree will be key to shaping the future of health care are rooted in the words “value” and “­empowerment.” Patients, payers and providers all will be more

Crawford lauded for life’s work at Walgreens

Crawford lauded for life’s work at Walgreens

DEERFIELD, Ill. — Kermit Crawford, who retired as Walgreen Co.’s president of pharmacy, health and wellness on December 31, ended his career at Walgreens the same way he began it 31 years ago — providing the best in patient care. Building on the ethos instilled in him by his mother, Doris Crawford, while he was

2015 Retail Forecast: Pharmacy executives are bullish

NEW YORK — As 2015 gets under way, chain drug retailers in the United States and Canada are seeking ways to get the most out of pharmacy’s continued movement away from a dispensing orientation toward a service model focused on improved ­health outcomes. Chain drug industry executives say pharmacies are positioned to become integral health

Wasson decides to retire from Walgreens

DEERFIELD, Ill. — The New Year ushered in the beginning of a new era at Walgreen Co., which is scheduled to complete the second and final step of its merger with Alliance Boots GmbH in the first quarter. And this new era for Walgreens Boots Alliance will get under way without the presence of longtime

Holiday sales get lift from late season shopping

NEW YORK — A late shopping rush on the weekend before Christmas helped put some twinkle in holiday retail sales, but the final results for the season seemed to fall short of the optimistic projections retailers had set back in early November. Drug chains, however, may have fared slightly better during the holidays than the

CVS bullish about ‘unmatched suite of assets’

NEW YORK — CVS Health “has made the right moves,” and is “very excited about the enterprise that we have become,” president and chief executive officer Larry Merlo said at the company’s annual Analyst Day here. CVS is well positioned to meet the changing needs of consumers, payers and providers with its integrated retail pharmacy,

RediClinics debut in Rite Aid stores

CAMP HILL, Pa. — Rite Aid Corp. is making steady progress with its health care initiatives, including the opening of the first RediClinic health clinics in the drug chain’s stores. In a conference call last month on its fiscal 2015 third quarter earnings, chairman and chief executive officer John Standley and president and chief operating

McKenna becomes COO at Walmart

BENTONVILLE, Ark. — Walmart continued to reorganize its senior management lineup as 2014 came to a close, with the mid-December promotion of longtime company executive Judith McKenna to the post of chief operating officer for Walmart U.S. McKenna, who has been with Walmart for almost 20 years and most recently served as chief development officer

HealthCare.gov performs better the second time around

WASHINGTON — A late surge lifted the number of people enrolling for health insurance under the Affordable Care Act to nearly 2.5 million since mid-November. More than 1 million signed up in the last week of open enrollment before the December 15 deadline for full-year coverage in 2015. The enrollment figure, which excluded the final

CMS report challenges preferred pharmacy access

WASHINGTON — Preferred pharmacies for Medicare Part D drug plans are more accessible in suburbs and rural areas than in cities, a study by the Centers for Medicare and Medicaid Services (CMS) has found. “While we appreciate the importance of providing lower costs to beneficiaries, these findings reinforce CMS’ concern that plans are offering access

Optimizing use of medications vital for ACOs

WASHINGTON — Pharmacists can perform a pivotal role in ensuring the optimal use of pharmaceuticals and improving patient outcomes in accountable care organizations (ACOs), concludes a case study published in the December issue of the Journal of Managed Care & Specialty Pharmacy. The report, “Best Practices: Improving Patient Outcomes and Costs in an ACO Through

McKesson unveils LoyaltyScript@Retail

SCOTTSDALE, Ariz. — McKesson Patient Relationship Solutions (MPRS), a division of McKesson Corp., has launched LoyaltyScript@Retail, an initiative to provide pharmacists with a timely, convenient means of providing patient savings and enhanced care at the point of dispensing, helping to improve patient medication adherence. The program provides pharmacists with in-store, online access to co-pay savings

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