It’s no secret that community pharmacy is facing a period of tremendous challenge. With diminishing reimbursement, the continued prevalence and negative impact of DIR (direct and indirect remuneration) fees, and market pressures born by the vertical integration of health care, there may have never been a time as challenging as the present for pharmacy. However,
Community pharmacies are a pillar of neighborhoods today. The pharmacists in these pharmacies play a critical role in delivering health care to patients in their communities, as they have many more touchpoints with patients than insurance plans or other health care providers. These interactions create an environment that is pivotal to improving patient access to
SAN FRANCISCO — McKesson Corp. has boosted its Hurricane Harvey relief donations to more than $300,000 in support of recovery efforts in the inundated Houston area. McKesson and the McKesson Foundation late Thursday announced $100,000 cash donation to nonprofit Direct Relief and $150,000 in-kind donation of medical supplies to World Vision. The two organizations will
SPRINGFIELD, Ill. — H.D. Smith has rolled out VentureRx, a program to aid in the launch, sale or expansion of a pharmacy business. The pharmaceutical wholesaler said Friday that VentureRx is designed to initiate and fully support the start-up, purchase, sale and related transition strategies of an independent or regional chain pharmacy. For owners looking
SPRINGFIELD, Ill. — Ross Davison has joined H.D. Smith as chief financial officer. The drug wholesaler said Tuesday that Davison will oversee all of the company’s financial functions, including accounting, treasury, planning and budgeting, tax, risk management, corporate capital structuring and investor relations. Most recently, Davison served as CFO as ResCare Inc., a Louisville, Ky.-based
SPRINGFIELD, Ill. — H.D. Smith has recognized pharmaceutical and health product manufacturers with its annual Trading Partners of the Year awards. The drug wholesaler said each award category recognizes two winners — based on criteria including trade volume, trade policies and overall sales — for excellence across each key H.D. Smith product area. This year’s Trading
SPRINGFIELD, IL — H.D. Smith has made the 2016 InformationWeek Elite 100, a list of the top U.S. business technology innovators published by the IT journal InformationWeek. In this year’s ranking, H.D. Smith came in at No. 31, moving up from No. 99 a year ago. The nation’s largest independent drug wholesaler said that as
SPRINGFIELD, Ill. — H.D. Smith has unveiled a new executive leadership structure designed to better position the company to capitalize on trends in the health care market. The nation’s largest independent pharmaceutical wholesaler said Tuesday that Dale Smith has become chairman and chief executive officer of H.D. Smith Holding Co. He previously was chairman and
