June 13, 2014 by Chain Drug Review
Issue 06-16-2014, News
WASHINGTON — The National Association of Chain Drug Stores and the Healthcare Distribution Management Association are among organizations supporting House legislation to address the growing prescription drug abuse trend while preserving patients’ access to their medications. NACDS has written to the bipartisan leadership of the House Energy and Commerce Committees’ health subcommittee to reiterate its
June 13, 2014 by Chain Drug Review
Issue 06-16-2014, News
NEW YORK — Sam’s Club is introducing a new cash-back program on a credit card with chip-enabled technology to provide more security from fraudulent activity. Due out on June 23, the Sam’s Club 5-3-1 cash-back program on its cobranded MasterCard, issued by GE Capital Retail Bank, enables members to earn 5% cash back on fuel,
June 13, 2014 by Chain Drug Review
Issue 06-16-2014, Opinion
Anyone connected, even remotely, to retailing should be required to attend at least one Walmart Annual Shareholders Meeting. To label this experience unique is to state the obvious — and seriously understate its significance. As most retail participants know by now, a Walmart annual meeting differs dramatically from all others. It’s bigger, bolder, more daring,
June 13, 2014 by Chain Drug Review
Issue 06-16-2014, Opinion
The Centers for Medicare and Medicaid Services’ (CMS’) decision to hold off on finalizing state use of federal upper limits (FULs) for reimbursement to pharmacy providers that fill prescriptionsfor Medicaid beneficiaries is a significant achievement for the National Association of Chain Drug Stores and its allies. In a bulletin issued last November, CMS had advised
June 13, 2014 by Chain Drug Review
Issue 06-16-2014, Opinion
A question heard repeatedly at the National Association of Chain Drug Stores Annual Meeting in April was, “What is wrong with vitamins?” After four or five years of high-single-digit annual growth, with only minimal disruptions during that time, most retailers are seeing sales that are flat and even declining. Being that vitamins and nutritional supplements
June 13, 2014 by Bob O'Meara, Raj Kumar, Vishwa Chandra and Chain Drug Review
Issue 06-16-2014, Opinion
“ ’Twas the night before Black Friday …” No, this isn’t the start to another fairy tale, but rather the time when Amazon threw down the gauntlet, announcing it was working on a drone delivery program. Many have called this one of the best-orchestrated PR events. It brought to the forefront the next delivery frontier —
May 30, 2014 by Chain Drug Review
Issue 06-02-2014, News
WOONSOCKET, R.I. — In another sign of the expanding role of community pharmacists, CVS Caremark Corp. has formed clinical affiliations with four major regional health systems in Connecticut, Massachusetts and Georgia. CVS says the new initiatives are the first to include clinical collaborations with its MinuteClinic walk-in medical clinics combined with data on interventions by
May 30, 2014 by Chain Drug Review
Issue 06-02-2014, News
GOUVERNEUR, N.Y. — Bridget-ann Hart has been promoted to president and chief executive officer of KPH Healthcare Services Inc., which operates Kinney Drugs. Hart, who had been president of Kinney Health Care Services, will oversee the daily operations of KPH Healthcare Services. She takes the reins from chairman and CEO Craig Painter, who will now
May 30, 2014 by Chain Drug Review
Issue 06-02-2014, News
NEW YORK — More than three-quarters of U.S. consumers are willing to get at least one treatment or wellness service from retail establishments or remotely, according to a new survey. Of more than 2,000 people surveyed by the Health & Life Sciences practice group of Oliver Wyman, 77% were willing to receive a medical or
May 30, 2014 by Chain Drug Review
Issue 06-02-2014, News
MINNEAPOLIS — Under the leadership of interim chief executive officer John Mulligan, Target Corp. is taking action to turn itself around from the effects of a massive data breach and big losses in Canada. The moves include leadership changes in the United States and the replacement of the president of Target Canada. Three senior merchandising
May 30, 2014 by Chain Drug Review
Issue 06-02-2014, News
NEW YORK — As it gears up efforts to help people quit smoking, CVS Caremark Corp. is sponsoring Lung Force, an American Lung Association women’s health initiative. Lung Force aims to make lung cancer in women a public health priority. The effort includes the Women’s Lung Health Barometer, a poll of more than 1,000 women
May 30, 2014 by Chain Drug Review
Issue 06-02-2014, News
ARLINGTON, Va. — In addition to chairman John Standley, the National Association of Chain Drug Stores has elected new officers, a new executive committee member and three new directors. At the association’s Annual Meeting in Scottsdale, Ariz., Juan Ortiz, chief executive officer of Navarro Discount Pharmacy, was elected vice chairman, and Randall Edeker, chairman and
May 30, 2014 by Chain Drug Review
Issue 06-02-2014, News
MIAMI — Navarro Discount Pharmacy says that it has launched a Mobile Health Station that will visit south Florida neighborhoods and community events and bring medical professionals who will provide free health screenings as well as immunizations at discounted rates. “As a community based pharmacy, we want to take action to improve the health of
May 30, 2014 by Chain Drug Review
Issue 06-02-2014, News
NEW YORK — Narrow provider networks have become the norm in health plans purchased from state insurance exchanges under the Affordable Care Act. Many networks now exclude at least some doctors’ groups or big hospitals. Limited networks are also increasingly showing up in employer-sponsored plans and private Medicare Advantage plans. Insurance companies say smaller provider