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CAMP HILL, Pa. and BOISE, Idaho – Rite Aid Corp. and Albertsons Cos. announced that, in connection with the pending merger between Albertsons and Rite Aid, the election deadline for holders of shares of Rite Aid common stock, former service providers that are holders of Rite Aid restricted stock units and holders of Rite Aid
LAS VEGAS — McKesson ideaShare 2018, McKesson Corporation’s annual interactive forum for community pharmacists, kicked off today in Las Vegas. The annual event offers those in community pharmacy the opportunity to improve their knowledge, performance and profitability while networking with industry experts. Featured at this year’s event is Health Mart Atlas, the nation’s largest PSAO (pharmacy
TORONTO — Shoppers Drug Mart (SDM) has launched an online interactive mental health tool with the Centre for Addiction and Mental Health (CAMH). The Mental Health Self Check gives Canadian women an easy, accessible way to assess their emotional well-being. The self-check “will really lend itself to important conversations” and give women “the opportunity to
IRVING, Texas — For more than 35 years McKesson’s ideaShare has been the premier education and networking event for community pharmacies. The leading conference is designed to help independent pharmacy owners and their staff improve their knowledge, performance and profitability. This year, McKesson expects more than 1,500 independent pharmacies will come together from July 8-12,
LA JOLLA, Calif. — A nationwide consortium led by the National Institutes of Health (NIH) will launch the All of Us Research Program on Friday, May 6, which is being hailed as a pioneering research initiative that will use advance technologies and engage participants as citizen-scientists to embark on a new era of health science and precision medicine. Through
BOISE, Idaho — Mark Panzer, chairman of the National Association of Chain Drug Stores, has been involved with the chain drug business for over 40 years. During that time, he has seen the industry transformed, above all by consolidation, but also in response to broader changes in retailing and consumer behavior as well as changing
BOISE, Idaho — Albertsons Cos. has withdrawn its plan for an initial public offering. In its filing with the Securities and Exchange Commission, Albertsons noted that the registration statement for the offering was originally filed by the company on July 8, 2015, and was most recently amended on November 8, 2017. Albertsons said in its
WOONSOCKET, R.I. — CVS Health has revealed a new, comprehensive program designed to combat rising prescription drug prices and help patients save money on their medications. The new initiatives are being launched against a background of ongoing increases in manufacturers’ list prices for drugs and a growing percentage of Americans who have high-deductible health plans.
TORONTO — Canada is aging, with nearly 1,000 citizens a day turning 65, says Scott Wilks, vice president of Shoppers Home Health Care and Wellwise at Shoppers Drug Mart (SDM). And for the first time more Canadians are over 65 than under 15. To serve these older Canadians better, SDM has opened its second Wellwise,
WOONSOCKET, R.I. — CVS Health announced a new initiative focused on early identification of kidney disease and home dialysis for individuals with chronic kidney disease. CVS explained that the program will introduce new home hemodialysis technology that should position the company as a “positive disruptor” in the field, with the potential to “help reshape and
WASHINGTON — The Trump administration has shifted more control over the Affordable Care Act marketplaces to the states and given consumers more leeway to avoid participation this year. A new final rule issued recently by the Centers for Medicare and Medicaid Services (CMS) relaxes certain regulations regarding ACA health plans in order to drive competition
NEW YORK — This isn’t your father’s chain drug industry. It’s not even your older brother’s. The mergers of CVS Health and Aetna Inc. and Rite Aid Corp. and Albertsons Cos. are recasting two of the top three players and, in the process, redefining what it means to be a drug store operator. “Prescriptions, O-T-Cs
ARLINGTON, Va. – The National Association of Chain Drug Stores, with the assistance of Deloitte & Touche LLP, has developed a report on the community engagement activities of NACDS chain member companies. The report is intended to empower further discussions about opportunities for chains and suppliers to collaborate to help address society’s needs. The 2017
ARLINGTON, Va. — In the currently chaotic public policy environment, the ability of the National Association of Chain Drug Stores to remain both focused and nimble in support of its industry has been a huge asset to the NACDS membership. As NACDS president and chief executive officer Steve Anderson pointed out earlier this year, the