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Kearney

Value-based care an oppportunity for Rx

Value-based care an oppportunity for Rx

In recent years, the health care industry in the U.S. has accelerated its shift from fee-for-service toward value-based care (VBC) models, focused on holistic, long-term outcomes for patients and lower costs for the system. This shift was spearheaded by the Centers for Medicare and Medicaid (CMS) through legislation enacted between 2008 and 2019, notably by

How to approach retail media networks

How to approach retail media networks

Retail media networks (RMNs) represent a clear opportunity for pharmacy retailers. RMNs are advertising businesses set up by a retailer that allow CPGs to buy advertising space that reaches in-market buyers. CPGs get the benefit of first-party consumer data. Retailers get a new revenue stream. The market is growing, and is estimated to reach $50

Chains are blazing a path toward health equity

Chains are blazing a path toward health equity

Good news for those paying close attention to the fight for health equity: We’re seeing a tide change in the industry. For years, many groups have been talking about the moral imperative of improving health equity, but recently there’s been increased momentum toward real, lasting change. The pandemic and the push for social justice have

Ensuring that integrated care isn’t lost in the shuffle

Ensuring that integrated care isn’t lost in the shuffle

As health care players race to deliver on the promise of integrated care, they’re assembling capabilities through M&A and changing the way the ecosystem works. While community pharmacies continue to publicly demonstrate commitment to evolving their offerings, they will need to demonstrate their value in different ways as influencers in the health ecosystem evolve. For

Amazon’s One Medical purchase threatens pharmacies

Amazon’s One Medical purchase threatens pharmacies

Since Amazon Pharmacy launched in November 2020, the prescription drug home-delivery service has led with a primarily online offering. Its value propositions — technology-based customer support, transparent pricing, fast shipping and an app-based interface — are compelling, but without connections to the broader health care ecosystem, organic growth has been challenging. That’s about to change.

Customers have changed, and so must retail pharmacy

Customers have changed, and so must retail pharmacy

The COVID-19 crisis has undoubtedly changed customer behavior, from how people pay to what they buy. But how has the pandemic specifically affected pharmacy customers? Kearney’s pharmacy customer survey from early fall 2020 reveals that COVID-era customers have new ways of shopping, evolving preferences for obtaining prescriptions and increased expectations of their pharmacies. As the

Video Forum: Todd Huseby, Kearney

Video Forum: Todd Huseby, Kearney

  Todd Huseby, partner and leader of the consumer health care sector at Kearney, examines the implications of some key recent developments for pharmacy retailers. COVID-19’s effect on shoppers, Amazon’s move into the prescription drug business, the emergence of other e-commerce challengers, and changes at CVS Health and Walgreens Boots Alliance are among the subjects

Amazon’s disruptive actions bring opportunities

Amazon’s disruptive actions bring opportunities

Ever since its launch as an online bookstore 25 years ago, Amazon has ignored traditional economics as it solves customer challenges in new ways — raising expectations and forcing competitors to do better in the process. Over the past few years, Amazon has ramped up the number of experiments, acquisitions and offerings across the health

Trade war sends Kearney U.S. Reshoring Index to record high

Trade war sends Kearney U.S. Reshoring Index to record high

CHICAGO — U.S. companies in 2019 sourced substantially fewer manufactured goods from 14 traditional Asian trading partners, apparently as a direct result of aggressive U.S. government trade policies, according to the seventh annual Kearney US Reshoring Index. The ongoing trade war sent the Reshoring Index to a record high in 2019. The Reshoring Index compares

A.T Kearney unveils new rebrand

A.T Kearney unveils new rebrand

CHICAGO — Kearney, the global consulting partnership formerly known as A.T. Kearney, announced earlier this month an all-encompassing rebrand. As part of a comprehensive review of Kearney’s existing brand and value proposition, the firm reached out to clients, firm partners, colleagues, and alumni for their perspectives on what they find distinctive and valuable in Kearney people,

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