CLEVELAND — .Med and ConsortiEX, industry collaborators providing supply chain compliance capabilities to drug trade partners, announced Wednesday the formation of a strategic relationship to bring enhanced DSCSA compliance solutions to over 6,000 hospital clinics and pharmacies in the future. This relationship will provide pipelines to exchange regulated data elements and messages with hospital clinics and
ARLINGTON, Va. – In a letter-to-the-editor, National Association of Chain Drug Stores (NACDS) President and CEO Steven Anderson took extremely strong issue with a recent Wall Street Journal editorial that ignored the unique role of pharmacies and pharmacists in patient health, medication safety, healthcare cost reduction and crisis response. The newspaper referred to the pharmacy as a
Pharmacies have long been the front door to the country’s health care system. People choose their favorite pharmacy and make stopping by a habit. They drop in to pick up monthly prescriptions, ask the pharmacist for advice and, of course, snag retail items in the process. But can pharmacies hold on to this coveted position?
ARLINGTON, Va. — NACDS has taken the fight for pharmacy patient care to an intriguing and potentially highly consequential arena. A federal agency will decide whether pharmacies should be included in the definition of “value-based enterprise (VBE) participant,” and NACDS’ comments answer that question with a powerfully substantiated “yes.” In a proposed rule, the U.S. Department
Editor’s note: This is the third in a series of seven articles by A.T. Kearney on the trends that are radically transforming the health care sector. The promise of consumer-driven health care is not new. Over the last 15 years, we have heard a great deal about the shift away from the traditional doctor-centric treatment
Pharmacies and grocery stores are better positioned than doctors to promote healthy behavior and prevent debilitating and costly illnesses. Many executives know this, but it is surprising how many acknowledge they have not done much about it. Don’t believe it? Consider who has more information about people and more opportunity to sway their choices. Doctors
NEW YORK — Consumers agree that pharmacies are more than up to the task of providing superior customer service. A recent Gallup poll found that pharmacies and banks are rated the highest for customer service, while clothing and retail stores and fast-food restaurants have a smaller percentage of excellent service scores. Survey participants were asked
NEW YORK — Consumers agree that pharmacies are more than up to the task of providing superior customer service. A Gallup poll found that pharmacies and banks are rated the highest for customer service, while clothing and retail stores and fast-food restaurants have a smaller percentage of excellent service scores. Survey participants were asked to
NEW YORK — Rite Aid Corp. reportedly is looking to buy prescription files and inventory from in-store pharmacies operated the Great Atlantic & Pacific Tea Co., which last month filed for Chapter 11 bankruptcy protection. Published reports said that, according to a filing by A&P with the U.S. Bankruptcy Court in White Plains, N.Y., Rite
WASHINGTON — Pharmacies have a four-month extension — until November 1 — to comply with the full scope of new dispenser tracing requirements under the Drug Supply Chain Security Act (DSCSA). The Food and Drug Administration issued a guidance yesterday saying it would not take enforcement action until November against a pharmacy that receives any
MEMPHIS, Tenn. — Fred’s Inc. is expediting its transformation into a convenience- and pharmacy-centric retailer amid intense competition in its core general merchandise market and a surge in pharmaceutical price inflation, particularly generic drugs. In reporting second-quarter results Thursday, Fred’s chief executive officer Bruce Efird said the discount GM chain plans to close 60 underperforming
