WASHINGTON — The Consumer Healthcare Products Association (CHPA) issued the following statement regarding OTC Eligibility in FSA/HSA Accounts: “CHPA congratulates Representatives Lynn Jenkins (R, Kan.), Ron Kind (D, Wis.), and Grace Meng (D, N.Y.) on the House of Representatives’ passage of H.R. 6199, legislation that will restore consumers’ ability to use their Health Savings Accounts
WOONSOCKET, R.I.— CVS Health has issued the following statement regarding Ohio Department of Medicaid’s report on PBM performance for managed care plans: “CVS Health is pleased that a report issued today that was commissioned by the Ohio Department of Medicaid (ODM) on pharmacy benefit manager (PBM) performance for the state’s Medicaid managed care plans confirms that our
STOCKTON, Calif. — As the future of community and independent pharmacy becomes increasingly unpredictable, many pharmacies are utilizing automation to position themselves for success. According to research from the BBC, the global market for pharmacy automation held a value of $3.5 billion in 2015 — and an increase of $2 billion is expected before 2021.
The National Association of Chain Drug Stores Annual Meeting in Palm Beach, Fla., drew retailers and suppliers for four days of discussions about chain drug industry issues. In addition to business sessions and strategic exchange appointments, the itinerary included Meet the Retailer sessions and additional networking opportunities and social events.
BOISE, Idaho — Albertsons Cos. and Rite Aid Corp. on Tuesday hosted a joint analyst event to discuss the strategic and financial benefits of the proposed merger transaction between the two companies. Announced in late February, the merger will join the nation’s second-largest supermarket operator with its third-largest drug chain. Overall, the company will generate
As of 2017, 45% of the global population was using the internet, and it is projected that 76% will have access by 2030, according to Euromonitor International. With more connectivity, a new type of connected consumer is rising: the digital health consumer. Digital health consumers are emerging as a significant cohort within the consumer health
TORONTO — McKesson Canada’s Rexall chain is closing 40 outlets in Ontario and Western Canada, nearly one-tenth of its total store base, according to a memo sent to company employees. The closings come about a year and a half after San Francisco-based McKesson Corp. finalized the purchase of Rexall Health. They take place amid a challenging
WOONSOCKET, R.I. — CVS Health today released its 11th annual Corporate Social Responsibility (CSR) Report, detailing its latest efforts to shape the future of health care, reduce environmental impact and exemplify corporate leadership in fulfilling the company’s purpose of helping people on their path to better health. Among the company’s key CSR initiatives in 2017 were an
DEERFIELD, Ill. — Atlanta is again the top market for Walgreens’ Red Nose Day fundraising activity. The retailer’s eight-week fundraising challenge features 10 U.S. markets – deemed Walgreens ‘Red Rally Markets’ for their integral role in helping to rally their communities to help end child poverty – going nose-to-nose to raise the most money for
WHIPPANY, N.J.— Bayer today announced another year of its partnership with patient advocacy organizations Colorectal Cancer Alliance and Fight Colorectal Cancer . Bayer and the alliance are undertaking the national Big Colon Tour bringing a giant inflatable exhibit to 50 events nationwide to raise awareness throughout the year. Additionally, Bayer matched $1 for every #StrongArmSelfie
PALM BEACH, Fla. — In his first remarks as chairman of the National Association of Chain Drug Stores, Mark Panzer thanked those who have taught and collaborated with him throughout his 46-year retail career. He said that NACDS chain and associate members alike can rely on the same formula of “listen, learn and engage” to
PALM BEACH, Fla. – The National Association of Chain Drug Stores has elected new officers, and executive committee and board members for the coming year. The appointments were announced at the NACDS Annual Meeting. Mark Panzer, senior vice president of pharmacy, health and wellness at Albertsons Cos., was named chairman of NACDS. He succeeds Alex Gourlay, co-chief operating
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
ARLINGTON, Va. — During the March of Dimes Gourmet Gala in Washington Tuesday, April 17, the National Association of Chain Drug Stores (NACDS) Foundation returned as a Platinum Sponsor of the event. The Gourmet Gala makes possible research, education, advocacy and programs that “help more moms have full-term pregnancies and healthy babies.” The Gourmet Gala