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WOONSOCKET, R.I. — There are many reasons people say they do not take their medications, but being busy or simply forgetting top the list, according to a new study from CVS Caremark Corp. The study found that nearly three in 10 (28%) sometimes forget to refill their prescriptions on time, despite the fact that most
DOVER, Del. — A compromise over pharmacy reimbursement rate cuts allowing Walgreen Co. to continue filling Medicaid prescriptions in Delaware will not be final unless the National Association of Chain Drug Stores withdraws a lawsuit over the matter. “The state wants to see the industry lawsuit dropped,” says a Walgreens spokesman. “We are just one
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
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
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
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
CAMP HILL, Pa. — Mary Sammons has a lot to feel good about these days at Rite Aid Corp. After enduring unexpected challenges with the integration of the former Brooks Eckerd Pharmacy stores it acquired, an economic downturn that has stunted sales growth and a meltdown of the financial markets that raised doubts about its
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
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
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
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
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
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
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
