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VALLEY FORGE, Pa. — During these trying times, AmerisourceBergen Corp. continues to play a vital role feeding the health care supply chain and, through its global pharmaceutical health care businesses, helping combat the ongoing spread of COVID-19. Rich Tremonte, executive vice president and president of community and specialty pharmacy at AmerisourceBergen, says that, like every
NEW YORK — For an event to grab headlines and shift focus from the COVID-19 pandemic it would have had to be of historic proportions, and that’s exactly what unfolded shortly after the video surfaced of George Floyd dying at the hands of Minneapolis police. The ensuing unrest has spread at a pace to rival
WOONSOCKET, R.I. — CVS Pharmacy has launched a new partnership with DoorDash that will offer consumers the opportunity to have over-the-counter medications, grocery products and other items delivered to their front door as part of same-day delivery services. These expanded delivery services are intended to allow customers to continue shopping while staying safely at home
NEW YORK — Many businesses, including retail drug chains, damaged or destroyed during some of the protests in the wake of the death of George Floyd are feverishly attempting to repair and reopen. For instance, some 400 CVS Pharmacy locations across 25 states have experienced varying levels of damage over the past few weeks from
CAMP HILL, Pa. — As part of its ongoing efforts to closely manage and reduce costs, Rite Aid has eliminated 254 corporate office positions across its retail pharmacy and pharmacy services segments, the company reported today in the release of its earnings report for the first quarter. Rite Aid has also taken steps to reduce other
ARLINGTON, Va. — Taking on a new leadership role is never easy; taking the helm during a global pandemic, however, especially when job No. 1 for the organization’s members involves keeping the country’s vital medical supply chain running smoothly, defines daunting. But being named president and chief executive officer of the Healthcare Distribution Alliance
The COVID-19 crisis will eventually move past its peak and everyday life will phase into a new normal. When it does, it’s unlikely that customers or businesses will go back to their pre-pandemic ways. As “essential” businesses, retail pharmacies were some of the first to experience and respond to new changes in customer behaviors and
NEW YORK — The COVID-19 pandemic has not only put a freeze on life as we knew it but on the U.S. economy, which before the outbreak was humming along at a steady pace. With government-imposed lockdowns and social distancing guidelines put in place to slow down the spread of the coronavirus, many businesses have
WOONSOCKET, R.I. — Strong sales during the early stage of the coronavirus pandemic helped lift CVS Health’s first quarter earnings well above Wall Street’s projection. The company’s adjusted earnings per share of $1.91 easily topped analysts’ prediction of $1.63. The comparison is skewed however, by the inability of forecasters to have projected the extent of
DEARBORN, Mich. — CVS Health launched a rapid COVID-19 drive-thru testing site here, in conjunction with federal and state officials. The site will provide state residents with rapid testing and on-the-spot results at no cost, using the new Abbott ID NOW test. CVS has opened similar large-scale rapid testing sites in Connecticut, Georgia, Massachusetts and
IRVING, Texas — Due to the COVID-19 pandemic — and for the “health and safety of attendees” — McKesson has cancelled ideaShare 2020, which this year was scheduled for July 12-16 in Austin, Texas. Each year, McKesson ideaShare brings together the best and brightest independent pharmacy leaders and their staff to make meaningful connections and
CAMP HILL, Pa. — Rite Aid plans to expand COVID-19 testing sites as part of its partnership with the White House Coronavirus Task Force. In addition to the current testing site in Philadelphia, Rite Aid has added a new location, at a Rite Aid store located at 2604 Linglestown Road in Harrisburg, Pennsylvania. In coordination
TORONTO — Shoppers Drug Mart, in partnership with technology platform Maple, has launched a virtual care service for patients to help relieve the current burden on the acute health care system, specifically emergency rooms and hospitals. Where virtual care is not funded by provincial governments, Shoppers will fund online physician consultations at no cost to
WOONSOCKET, R.I. — The National Kidney Foundation (NKF) and CVS Kidney Care, a CVS Health company, are partnering on a national campaign to raise awareness of kidney disease, which affects some 37 million people in the U.S. In addition, one in every three American adults, or 33%, are at risk for developing this life-threatening disease.