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Issue 09-12-2016

At TSE, Otto calls on industry to help take the lead

At TSE, Otto calls on industry to help take the lead

BOSTON — Pharmacy-based health care can help the U.S. meet an array of socioeconomic challenges, Martin Otto, chief merchant and chief financial officer of H-E-B, said at the National Association of Chain Drug Stores Total Store Expo. Otto, who is also chairman of NACDS, said that access to pharmacy patient care can help reverse increases

Bloom becomes CEO at Fred’s

Bloom becomes CEO at Fred’s

MEMPHIS — Mike Bloom has been named chief executive officer of 651-store Fred’s Inc. He succeeds Jerry Shore, who is ­retiring. Bloom, who joined Fred’s as president and chief operating officer in January 2015, has worked closely with Shore on building a strong management team to ensure a smooth and effective transition. Bloom will lead

Prime Therapeutics teams up with WBA

Prime Therapeutics teams up with WBA

DEERFIELD, Ill. — The partnership of Walgreens Boots Alliance Inc. (WBA) and pharmacy benefit manager Prime Therapeutics positions the companies to capture a larger share of the prescription drug market and better compete with such players as CVS Health. St. Paul, Minn.-based Prime, the nation’s fourth-largest PBM with 22 million members, is owned by 14

Rite Aid, PBM division introduce Rx90

CAMP HILL, Pa. — Rite Aid Corp. and EnvisionRx, the pharmacy benefit management division of EnvisionRxOptions and a wholly owned subsidiary of Rite Aid, have debuted Rx90, a new program focused on improving medication adherence and health outcomes for consumers with chronic conditions. Rx90, now available for EnvisionRx clients, gives consumers the option to fill

Gloeckler exits Walmart, joins Academy Sports

KATY, Texas — Michelle Gloeckler has stepped down as Walmart U.S. executive vice president of consumables, health and wellness to become executive vice president and chief merchandising officer at Academy Sports + Outdoors. She was also named president of Academy International Ltd., the $4.6 billion sports, outdoor and lifestyle retailer’s global sourcing entity. At Walmart,

Loblaw to buy health care tech company

BRAMPTON, Ontario — Lob­law Cos. plans to purchase QHR, a health technology company and provider of Canada’s leading electronic medical records (EMR) platform, in a $170 million deal. QHR is slated to operate as a business within the retailer’s Shoppers Drug Mart (SDM) division. QHR is expected to retain its current management team, working as

WBA ups stake in AmerisourceBergen

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) Inc. has raised its stake in AmerisourceBergen Corp. to nearly 24%. Late last month, WBA exercised warrants to buy 22,696,912 shares of AmerisourceBergen common stock for about $1.19 billion. The warrants, the second of two tranches, are part of a long-term partnership announced in March 2013 between AmerisourceBergen

Pharmacy patient satisfaction tracked by J.D. Power

Pharmacy patient satisfaction tracked by J.D. Power

COSTA MESA, Calif. — Pharmacies operating under the Health Mart, Sam’s Club and Publix Supermarkets Inc. banners are among the leaders in patient satisfaction, according to the J.D. Power U.S. Pharmacy Study. The analysis notes that high customer satisfaction with both mail order and brick-and-mortar pharmacies is reflective of an increased focus on customers and

Acquisition strengthens Genoa’s ability to serve customers

TUKWILA, Wash. — Genoa is buying the behavioral health and residential care services division of Advanced Care Pharmacy Services. Financial terms were not disclosed. Genoa said the agreement includes 13 Advanced Care behavioral health pharmacies in Michigan. The acquisition will increase Genoa’s pharmacy count to 24 in Michigan and to more than 325 nationally, most

McKesson Canada president steps down

TORONTO — Alain Champagne has resigned as president of McKesson Canada to head sales training and development firm Optimé ­International. As partner and chief executive officer, Champagne will lead Optimé’s strategic direction and management. “We are absolutely thrilled to welcome Alain to the Optimé team,” said chairman Hugues Gibeault. “He is a proven leader with

Gosch, Tweeten named exec VPs at Hy-Vee

WEST DES MOINES, Iowa — Hy-Vee Inc. has promoted Jeremy Gosch and Donna Tweeten to executive vice president. Gosch, formerly senior vice president and chief merchandising officer, was named executive vice president of strategy and chief merchandising officer. Tweeten, formerly senior vice president and chief marketing officer, was promoted to executive vice president and chief

Community pharmacies gear up for flu shot season

NEW YORK — The Centers for Disease Control and Prevention recommends an annual flu shot for everyone over the age of six months, and retail pharmacies across the nation are spreading the word of their ability to provide such health services. Walgreens is now offering flu shots at all of its pharmacies (including Duane Reade

New payment tool added to CVS’ digital arsenal

WOONSOCKET, R.I. — CVS Pharmacy has added a mobile payment tool to its app, expediting checkout. The tool, called CVS Pay, integrates payment, prescription pickup and the ExtraCare loyalty program in one scan. “Over the past year, our digital team has brought to market numerous new tools like CVS Pay that make shopping at CVS