Issue 02-12-2018

CVS moves to bring authenticity to beauty imagery

CVS moves to bring authenticity to beauty imagery

WOONSOCKET, R.I. — Beginning in April, the beauty imagery that CVS Pharmacy produces for use in its stores and in its marketing materials will not be “materially altered” digitally. The drug chain is also asking its supplier partners to participate in the initiative, which is meant promote transparency in beauty marketing. “What we’re trying to

Venture aims to disrupt status quo in health care

Venture aims to disrupt status quo in health care

NEW YORK — Amazon, Berkshire Hathaway and JPMorgan Chase & Co. plan to form an independent, nonprofit health care company to provide their employees better and more affordable health care. While details remain sparse, the Amazon-Berkshire Hathaway-JPMorgan Chase health care company is considered a long-term effort that will focus initially on developing technology solutions to

Canadian drug chains to take hit from generic price cuts

Canadian drug chains to take hit from generic price cuts

TORONTO — Pharmacy operators across Canada will be hit hard by lower generic drug prices set to take effect this spring, said Metro Inc. chief executive officer Eric La Fleche. The pan-Canadian Pharmaceutical Alliance — which represents the provincial, territorial and federal governments — and the Canadian Generic Pharmaceutical Association announced late last month that

Walgreens tabs Rick Gates as senior VP

DEERFIELD, Ill. — Rick Gates has been named senior vice president of pharmacy and health care for Walgreens. Gates most recently served as group vice president of pharmacy. With the promotion, he will oversee commercial development and sales, contracting, pharma development, pharmacy supply chain, and clinical programs and alliances, Walgreens Boots Alliance (WBA) said. He

Bartells Drugs names Kathi Lentzsch as CEO

SEATTLE — Bartell Drugs, the country’s largest and oldest family-owned pharmacy, announced two significant hires to its executive ranks last month, including Kathi Lentzsch as the company’s chief executive officer, who becomes only the fifth CEO in the company’s 128-year history. Lentzsch comes to the company with more than three decades of retail experience with

Rite Aid starts to revamp merchandising team

Rite Aid starts to revamp merchandising team

CAMP HILL, Pa. — Rite Aid Corp. is making changes to its category management team as it proceeds with an asset sale in which more than 40% of its drug stores will be transferred to Walgreens Boots Alliance (WBA). The Rite Aid category management staff changes are under way, a company spokeswoman confirmed but declined

NACDS weighs in on burdens associated with DIR fees

ARLINGTON, Va. — The “untenable” procedures around direct and indirect remuneration fees (DIR fees) can be righted with measures reducing costs for beneficiaries and the government, while promoting a more quality-driven health care system, says the National Association of Chain Drug Stores. NACDS expressed that message in comments to the Centers for Medicare & Medicaid

Trump makes cutting high drug prices a priority

Trump makes cutting high drug prices a priority

WASHINGTON — In his first State of the Union speech, President Donald Trump renewed his pledge to reduce prescription drug prices, days after a former big pharma executive was sworn in as Secretary of Health and Human Services. Trump had stunned the pharmaceutical industry during his 2016 campaign by declaring that drug manufacturers were “getting

New brand identity is adopted by Genoa

TUKWILA, Wash. — Genoa, a QoL Healthcare Company, announced an organizational rebranding as well as a name change to Genoa Healthcare. The comprehensive effort elevates the focus on the variety of services the organization provides for helping individuals living with behavioral health and other complex, chronic conditions. In addition to a new name, the Genoa

NACDS Annual Meeting takes shape

ARLINGTON, Va. — The National Association of Chain Drug Stores has slated two top speakers for its Sunday Business Program at the 2018 NACDS Annual Meeting, which will be held April 21 to April 24 in Palm Beach, Fla. — Pulitzer-prize winning columnist Peggy Noonan and author and management educator Jim Collins. Noonan’s writing for

Sam’s Club names health care exec

BENTONVILLE, Ark. — Sam’s Club has tapped Sean Jackson to succeed Jill Turner-Mitchael as senior vice president for consumables and health and wellness. Jackson, who joined Sam’s Club in 2009 from Linens ’n Things, most recently served as vice president for home. He began his career at May Department Stores. Turner-Mitchael retired effective January 31.

Work requirements may come to Medicaid

WASHINGTON — The Trump administration has issued guidance that opens the door to work requirements for Medicaid recipients, a major change in the 50-year-old program offering a safety net for Americans living in or near ­poverty. The White House touted the move for Medicaid work requirements as “making a positive and lasting difference” in the

Morris is taking on a bigger role at Albertsons

BOISE, Idaho — Albertsons Cos. president and chief operating officer Wayne Denningham plans to retire near the end of the company’s fiscal year. Denningham was with the company more than 40 years, having started working as a clerk as a teenager. The company has named Susan Morris executive vice president and chief operations officer, overseeing

Walgreens Connected Care Oncology gets tech patent

DEERFIELD, Ill. — Walgreens has received a U.S. patent for new proprietary technology that its Walgreens community specialty pharmacists and AllianceRx Walgreens Prime’s specialty pharmacists will use to facilitate communication with and counseling of individuals prescribed oral oncology ­medicines. The technology will be applied through Walgreens Connected Care Oncology, a process that helps pharmacy customers