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CVS

PCMA adds Asher to board, Lotvin named chairman

PCMA adds Asher to board, Lotvin named chairman

WASHINGTON— The Pharmaceutical Care Management Association (PCMA) announced that Drew Asher will be joining PCMA’s board of directors. He is the chief executive officer of Envolve Pharmacy Solutions. PCMA is the national association representing America’s pharmacy benefit managers (PBMs) which administer prescription drug plans for more than 266 million Americans with health coverage through Fortune

CVS acquires Schnucks’ pharmacy business

CVS acquires Schnucks’ pharmacy business

WOONSOCKET, R.I. — CVS Pharmacy and Schnucks have entered into a definitive agreement for CVS Pharmacy and certain of its subsidiaries to acquire Schnuck Markets retail and specialty pharmacy businesses. Through this agreement, CVS Pharmacy and its subsidiaries will acquire and operate 99 of the grocer’s pharmacies and will brand them as CVS Pharmacy. Additionally,

CVS PBM ends out-of-pocket costs for diabetes drugs

CVS PBM ends out-of-pocket costs for diabetes drugs

WOONSOCKET, R.I. — CVS Health unveiled a new solution that eliminates out-of-pocket costs associated with all diabetes prescription medications, including insulin, for members of the company’s pharmacy benefit manager. Offered through the CVS Caremark PBM, RxZERO enables employers and health plan sponsors to leverage formulary and plan design approaches to offer all categories of diabetes

Retail pharmacies will overcome biased story

Retail pharmacies will overcome biased story

As The New York Times has been doing of late with astonishing regularity and surprising frequency, the newspaper of record has at last gotten round to demolishing the retail pharmacy business. In a front-page story on February 1, the Times shrieked, in its headline, that “Overloaded Pharmacists Warn They’re Making Fatal Mistakes.” The story proceeded

CVS announces upcoming changes to its board of directors

CVS announces upcoming changes to its board of directors

WOONSOCKET, R.I. — CVS Health has announced upcoming changes to its board of directors. Richard “Dick” Swift, Richard Bracken and Mark Bertolini will not stand for reelection at the company’s 2020 Annual Meeting. The board will then be reduced from 16 to 13 directors in order to further align with corporate governance best practices. Swift, the former

Mighty Spark rolls out all-natural poultry at Walmart and CVS stores

Mighty Spark rolls out all-natural poultry at Walmart and CVS stores

MINNEAPOLIS — Mighty Spark – an independent company that donates a meal with each purchase consumers make of their all-natural premium poultry – is expanding its assortment and presence at retailers nationwide with the launch of patties and ground blends at select Walmart stores, and chicken snack sticks at 2,500 CVS locations. “In addition to

CVS halts sales of Zantac, other ranitidine products

CVS halts sales of Zantac, other ranitidine products

WOONSOCKET, R.I. — CVS Pharmacy has suspended the sale of all Zantac brand and CVS Health brand ranitidine products until further notice. This action is being taken out of an abundance of caution due to a recent Product Alert from the U.S. Food and Drug Administration (FDA) that ranitidine products may contain a low level

Retailers take action following gun violence

Retailers take action following gun violence

NEW YORK — With mass shootings becoming an all too frequent occurrence in American life, the debate over gun control continues to be a hot-button topic for the nation. As many politicians, including presidential candidates, as well as a growing number of citizens, call for tighter gun control measures, many retailers are adhering to the

CVS, Walgreens join list of retailers asking customers not to openly carry guns in stores

CVS, Walgreens join list of retailers asking customers not to openly carry guns in stores

NEW YORK — Walgreens and CVS have joined a growing list of retailers requesting customers not to bring guns into their stores. Both companies, as well as Wegmans Food Markets, announced that they were changing their policies on Thursday — two days after Walmart and Kroger joined the national gun debate by asking shoppers not

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