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Wal-Mart grows Rx mail delivery

BENTONVILLE, Ark. — Wal-Mart Stores Inc. has added a new wrinkle to its generic drug program, offering a 90-day supply of about 300 generic prescriptions for $10, with free delivery by mail. Wal-Mart is providing the free mail delivery program in 22 states in the Midwest and the Northeast, as well as in the District

Duane Reade completes refinancing plan

NEW YORK — Duane Reade Holdings Inc. has refinanced nearly $350 million of debt through a notes offering and a private equity investment. The holding company for the drug store chain said earlier this month that subsidiaries Duane Reade Inc. and Duane Reade closed an offering of $300 million of 11.75% senior secured notes due

Walgreens expands in home health care

DEERFIELD, Ill. — Walgreen Co. has entered into a joint venture with Vanderbilt Medical Center, a Nashville-based health care facility and a major patient referral center for the mid-South. Under the agreement, Walgreens’ home care division will work with Vanderbilt to provide home infusion and respiratory services. Plans call for the partnership to operate as

Barrett takes reins at Cardinal Health

NATIONAL HARBOR, Md. — Cardinal Health Inc. will retain its enormous scale after the spin-off of its medical technology business while sharpening its focus, according to incoming chairman and chief executive officer George Barrett. It will be a company “able to provide comprehensive health care and supply chain solutions, but one that will act more

House moves closer to deal on health care

WASHINGTON — Efforts to pass health care reforms took a major step forward late last month when House Democratic leaders reached an agreement with fiscally conservative members of their party. The so-called Blue Dog Coalition, a group of fiscally conservative House Democrats, had objected to the legislation’s estimated $1 trillion cost over 10 years and

Walgreens becomes a truly national chain

Walgreens becomes a truly national chain

WASILLA, Alaska — Walgreen Co. celebrated the grand opening of its first store in Alaska and its presence in all 50 states last month. “More than 100 years ago our founder, Charles Walgreen Sr., would remind his customers, ‘You’re always welcome at Walgreens,’ ” said Mark Wagner, executive vice president of operations and community management for

Bartell upgrades store base

SEATTLE — Bartell Drugs began a series of three store openings this year with the July 20 opening of its 55th store at Lake Serene in Lynnwood, Wash. The 16,400-square-foot location will employ approximately 25 associates. The new Lake Serene store replaces the Mukilteo Speedway location and provides customers with a larger, modernized store with

Legislation is critiqued by NACDS

ALEXANDRIA, Va. — The National Association of Chain Drug Stores has urged the House of Representatives to improve Medicare Part D and control prescription drug spending in health care reform legislation. In letters to House committee leaders the association urged that pro-patient and pro-pharmacy measures — including Medicaid reform, access to durable medical equipment supplies

Pharmaca names Panzer as CEO

BOULDER, Colo. — Pharmaca Integrative Pharmacy has appointed Mark Panzer as its chief executive officer. Panzer has served as the company’s chief operating officer since October 2008. “It is very inspiring to have a leadership role in such an innovative and transformational business,” he says. Previous chief executive officer Barry Perzow will continue providing leadership

Duane Reade rounds out merchandising team

NEW YORK — Duane Reade Inc. has bolstered its merchandising team in a flurry of personnel moves as it pushes ahead with major store-optimization and marketing initiatives. The drug chain has hired Paul Tiberio as senior director of category management. The company says Tiberio will lead the category management team and help redefine the Duane

More executive changes at Walgreens

DEERFIELD, Ill. — Walgreen Co. has announced a number of executive promotions. Wade Miquelon has been promoted to the position of executive vice president and chief financial officer, while John Spina was named corporate vice president of retail integration and new format development. Miquelon joined Walgreens as senior vice president and chief financial officer in

Ontario takes aim at drug costs

TORONTO — The government of Ontario is moving quickly to achieve further savings and greater efficiency in its drug plan. According to the province’s health ministry, there are five main reasons why a second round of reform is needed: There is a growing demand for prescription drugs, which will result in increased government costs; spending

Sussman will head MinuteClinic at CVS

WOONSOCKET, R.I. — CVS Caremark Corp. has named Dr. Andrew Sussman president and chief operating officer of its MinuteClinic business. In addition, he has been made CVS Caremark’s senior vice president and associate chief medical officer. Sussman was previously executive vice president and chief operating officer of UMass Memorial Medical Center, the major teaching arm