NT_1170x120_1-11-18

pharmacy retailers

Chain drug retailing is at a turning point

Chain drug retailing is at a turning point

April is here — and still no resolution on the pending acquisition of Rite Aid Corp. by Walgreens Boots Alliance Inc. As time stretches out, this indecision bodes ill for an acquisition that was until recently viewed as an agreement with benefits for both parties. Now, confusion is apparently overtaking certainty — and there is

Pharmacies advise seniors on Medicare Part D plans

NEW YORK — Pharmacy retailers are busy informing the public about Medicare Part D prescription drug plans (PDPs). Enrollment for the 2017 plan year began October 15 and extends through December 7. For example, CVS Pharmacy is offering an extensive array of in-store and online resources to assist senior patients in determining the best 2017

Forces that will shape the future of pharmacy

Forces that will shape the future of pharmacy

With massive change in the retail pharmacy industry — including mergers and acquisitions, downward pressure on reimbursement rates, consolidation of payers, and a nascent movement to transform pharmacists into providers — now is a good time to take a step back and look at the big picture. What forces will transform the industry, and which

How big data will disrupt role of community pharmacy

Can retail pharmacies beat other players to patient ­intimacy? Many pharmacy retailers understand that big data can improve business operations, enabling intimate consumer engagement and thereby driving bigger baskets and more door turns, along with healthier customers and margins. They see impacts almost completely confined to the income statement. Too few grasp the strategic ability