Drug Fix

10/04/2013 - 1:41pm

It was a big week for executive promotions, particularly the appointment of Mary Kelly as EVP and chief merchandising officer at Rexall Pharma Plus and Chris Dimos, who has joined McKesson as SVP corporate strategy and business development.

There’s no doubt that these two industry leaders bring much to the table in their new roles.

09/27/2013 - 2:37pm

Congress is expected to pass the Drug Quality and Security Act, which would subject sterile compounding pharmacies to stronger federal regulations and has attracted support from an independent pharmacy trade group, compared with a previous effort at federal regulations of compounding, Senate Bill 959, which many pharmacists feared would threaten their businesses and patients' access to compounded drugs. The efforts to place compounding pharmacies under federal regulations stem from last year's scandal in which many patients died and more were sickened after taking injected steroids contaminated with fungus.

The bills' purpose is simple enough: protecting the safety of patients by preventing irresponsible pharmacies like the New England Compounding Center from slipping through the cracks. But the older bill attracted opposition from independent pharmacies because, despite its good intentions, forced them to make costly changes to their business models or force them out of compounding altogether.

09/27/2013 - 2:11pm

H-E-B pledged to not reduce employee work hours in an effort to avoid having to cover their healthcare last week. In contrast, other employers have been cutting their employee hours to avoid the Patient Protection and Affordable Care Act provision that would require healthcare coverage, according to a report published in the San Antonio Express-News.

And while some companies may be looking at ways to squeeze more out of their businesses, H-E-B, along with Walgreens and others, should be applauded for doing the right thing.

09/27/2013 - 1:31pm

Barilla, a leading Italian pasta brand, has become the subject of an international boycott after company chairman, Guido Barilla, made remarks during a radio interview that critics have characterized as disparaging gay people.

While everyone is entitled to having a personal opinion, this is lesson 101 on what not to say. If you want your brand to reflect your personal opinion — which you are, of course, entitled to — don't be surprised if people who don't share your opinion don't want to share your brand experience either.

09/23/2013 - 3:31pm

A report funded by a Council for Responsible Nutrition Foundation grant made the case for supplementation as a key component in any healthcare cost reduction strategy. It's not news to those in the industry who already know the health benefits associated with supplementation. But for the consumer media so quick to run a negative headline, this may come as a bit of a shock.

Here's the secret. Dietary supplements are not only a part of a healthy diet, they also beget healthier behaviors. And America is at the precipice of becoming a whole lot more interested in healthier behaviors. After all, the cost burden shift from the employer to the consumer will only continue. And as consumers assume more and more of those healthcare costs, reports like this will help make the case that supplementation is worth a look as a cost containment tool.

09/23/2013 - 2:48pm

Walgreens Healthcare Clinic (formerly known as Take Care Clinic) has formed a multi-year agreement with healthcare technology company Inovalon to provide Inovalon’s data-driven encounter support platform, Electronic Patient Assessment Solution Suite (ePASS), within Healthcare Clinic at select Walgreens.

The news clearly represents yet another step in Walgreens’ commitment to improving patients’ access to healthcare solutions. In fact, the news comes about a week after the retailer announced that it is bringing access to Theranos’ new lab testing service through Walgreens pharmacies nationwide.

09/23/2013 - 2:29pm

Rite Aid reported its second quarter 2014 earnings Thursday, posting its fourth-consecutive profitable quarter, its passing the 1,000 mark in the number of stores it has converted to the Wellness format and more than 930,000 members of Wellness65+, the latest extension to its Wellness+ loyalty care program, aimed at seniors.

In other words, the country's third-largest drug store chain has once again shown it's on a roll. In light of the latest earnings, the company raised its guidance for fiscal year 2014, expecting a profit of between $182 million and $268 million.

09/13/2013 - 2:10pm

Nurse practitioners are increasingly playing a key role in helping patients stay on track in taking their medications as prescribed, with nearly half of NPs indicating that the time they spend on patient education has increased over the past two years, according to Manhattan Research’s “Taking the Pulse Nurses 2013” study.

Highlighting the important role that NPs play in today’s healthcare system is essential as millions of uninsured Americans come into the insurance fold in 2014 due to health reform amid a growing shortage of primary care physicians.

09/13/2013 - 1:46pm

The Department of Health and Human Services is setting aside $5.3 million to expand health information technology — particularly telehealth — in rural areas in order to improve mental health services for veterans.

Telehealth represents one of the best ways to expand healthcare services to underserved areas while also lowering costs by expanding the area a health professional can cover from a single location.

09/13/2013 - 7:31am

Theranos and Walgreens announced a long-term partnership to bring access to Theranos’ new lab testing service through Walgreens pharmacies nationwide. As the service becomes available through Theranos Wellness Centers inside Walgreens stores, consumers will be able to access less invasive and more affordable clinician-directed lab testing.

With this news, it becomes clear that the days of the Walgreens pharmacist and nurse practitioner are numbered. Not because those professionals are going anywhere, mind you. But because the connotation associated with those occupations really no longer apply. With the number of healthcare services being rolled out under the Walgreens umbrella, it would be more apropos to identify them as healthcare brokers.