Content about Drug Fix

November 5, 2009

Economic recessions cause hardship to a lot of people, but it’s also during downturns that...

NEW YORK Economic recessions cause hardship to a lot of people, but it’s also during downturns that a lot of innovative business ideas emerge.

 

November 1, 2009

Improved sight lines, updated and provocative signage, space for a retail clinic operation — all...

NEW YORK Improved sight lines, updated and provocative signage, space for a retail clinic operation — all are elements incorporated into the modern drug store prototype, Duane Reade or otherwise. And all hold significance with today’s over-the-counter supplier.

 

November 1, 2009

This is the second new pharmacy technician certification program to be announced in a week...

NEW YORK This is the second new pharmacy technician certification program to be announced in a week (the other being Rasmussen College) and marks the continued evolution of the pharmacy technician — whose job really no longer entails just ringing out a prescription-drug purchase and making sure patients sign the prescription-drug logbook.

 

October 29, 2009

The alliance between CVS Caremark's MinuteClinic and Allina Hospitals & Clinics may not be the...

NEW YORK The alliance between CVS Caremark's MinuteClinic and Allina Hospitals & Clinics may not be the first time that a clinic operator has partnered with a hospital system, but that doesn't mean that the partnership is any less important.

In fact, the fact that the industry is seeing more of these types of alliances is not only one more example of how the convenient care clinic model continues to evolve but it is also a clear indication of the growing acceptance of the retail clinic concept among the established medical community.

October 29, 2009

If any retail observer still doubted the determination of Walgreens’ top managers to shake the...

NEW YORK If any retail observer still doubted the determination of Walgreens’ top managers to shake the company to its foundation, recharge its merchandising mix and rejuvenate customer traffic and interest, the pending departure of David Van Howe should resolve any lingering doubts. Walgreens is serious about doing business in a new way.

 

October 29, 2009

Uninsured Floridians may find a new kind of stocking stuffer in their Christmas stockings this...

NEW YORK Uninsured Floridians may find a new kind of stocking stuffer in their Christmas stockings this year — one that will help them toward seeing the doctor they’ve been meaning to see, you know, just as soon as they could afford it. The cards are available beginning this month at Winn-Dixie and will be rolled out to CVS/pharmacy beginning in November.

 

It’s an idea that’s more akin to pre-paid phone cards than anything else, and accordingly will be merchandised alongside other gift card offerings.

 

 

October 25, 2009

The fact that today’s consumers are not willing to give up their dietary nutrition as...

NEW YORK The fact that today’s consumers are not willing to give up their dietary nutrition as a knee-jerk cost-savings measure certainly is positive for a number of reasons.

 

October 22, 2009

As the healthcare reform debate continues and discussions of public vs. private are tossed about,...

As the healthcare reform debate continues and discussions of public vs. private are tossed about, what seems to be getting lost in all of the muck are the cost-controlling levers that already exist, like those reforms CVS Caremark's Tom Ryan outlined.

For example, getting patients to take their medications as prescribed could have a major impact on driving down costs -- to the tune of billions of dollars a year -- while improving healthcare outcomes of patients.

October 22, 2009

For two decades or more, independent pharmacy owners have been slammed by managed care, steady...

NEW YORK For two decades or more, independent pharmacy owners have been slammed by managed care, steady prescription reimbursement cuts, chain competition and regulatory hurdles. But in the Darwinian struggle of an unforgiving pharmacy market, the strongest are holding firm.

 

October 18, 2009

What’s really intriguing behind the return of a consumer division to Pfizer is the fact...

NEW YORK What’s really intriguing behind the return of a consumer division to Pfizer is the fact that two of its flagship pharmaceuticals -- Lipitor and Viagra -- are approaching patent expiration, and both have been suggested as possible Rx-to-OTC switch candidates by Kline & Co.

 

October 18, 2009

There is a big danger here, and it’s a danger that has less to do...

NEW YORK There is a big danger here, and it’s a danger that has less to do with the neighborhood meth addict in search of pseudoephedrine, and more to do with appropriate access to medicines and who gets to be the gatekeeper to that access. Because not only will a prescription-only PSE restrict consumer access to a legitimate nonprescription cough-cold ingredient, but if successfully mandated by the local government, it also has the potential to limit legitimate access to just about any cost-saving OTC medicine and for just about any reason.

 

October 15, 2009

Nonadherence to prescription medications is a big problem — a $200 billion-a-year problem for the...

NEW YORK Nonadherence to prescription medications is a big problem — a $200 billion-a-year problem for the already strained U.S. healthcare system.

 

That’s why CVS Caremark’s decision to embark a multiyear study, in partnership with researchers from Harvard and Brigham and Young Women’s Hospital, to find ways to alleviate this burden is important.

 

October 15, 2009

There still is widespread concern over the safety and efficacy of the new H1N1 influenza...

NEW YORK There still is widespread concern over the safety and efficacy of the new H1N1 influenza vaccine, despite public assurances from executives at the highest levels of the Centers for Disease Control and Prevention — the point agency around the H1N1 pandemic — that the H1N1 vaccines have been subject to the same safety and efficacy protocols as seasonal vaccine, which generally is considered both safe and effective.

 

October 15, 2009

It’s like “Whack-a-Mole,” that game-arcade exercise in quick reflexes and frustration....

NEW YORK It’s like “Whack-a-Mole,” that game-arcade exercise in quick reflexes and frustration.

 

October 8, 2009

After months of hard-edged wrangling in Congress, on the Sunday morning political gab fests, on...

NEW YORK After months of hard-edged wrangling in Congress, on the Sunday morning political gab fests, on talk radio, in angry town-hall meetings and in dueling blogs online, the fate of President Obama’s top domestic priority – namely, the overhaul of the nation’s fractured healthcare system and the expansion of health coverage to the uninsured – appeared increasingly threatened. A growing chorus of Beltway insiders and pundits on the left and right were all but declaring health-reform legislation dead in the water for 2009.

 

October 8, 2009

The adoption of electronic health records, electronic prescribing and other health information technology isn’t just...

NEW YORK The adoption of electronic health records, electronic prescribing and other health information technology isn’t just for regional and nationwide chains, but for small, independent pharmacies as well, and it’s something that needs to happen on a grand, nationwide scale.

 

October 8, 2009

No matter how this season breaks out — in terms of numbers of people who...

NEW YORK No matter how this season breaks out — in terms of numbers of people who become sick with the cold or flu, or in terms of how severe their symptoms may be — there is one sure thing: People know about the flu vaccine. And through this government Web site, they can find out where to get that vaccine if they are so inclined.

 

October 8, 2009

The two takeaways from this story are “the [U.S.] market is expected to grow at...

NEW YORK The two takeaways from this story are “the [U.S.] market is expected to grow at a rate of almost 14%” and “the early movers in the industry will benefit in terms of market share.”

 

That about describes the opportunity in a probiotic nutshell.

 

 

October 8, 2009

The real issue here is (and always has been) the inclusion of diabetes supplies as...

NEW YORK The real issue here is (and always has been) the inclusion of diabetes supplies as part of durable medical equipment under Medicare Part D billing. That’s because diabetes equipment is considered a part of DME, the same as walkers and canes, motorized wheelchairs and oxygen supplies. And that doesn’t look likely to change. It's unfortunate.

October 4, 2009

The most significant piece of news to come out of this (outside of the fact...

NEW YORK The most significant piece of news to come out of this (outside of the fact that CRN’s popular “Life…supplemented” campaign will continue) is the proposed survey of registered dieticians, nurse practitioners and pharmacists. Because while prior surveys of doctors and registered nurses that teased out exactly how many of those healthcare practitioners supplement themselves, and recommend that they’re patients do so as well, is important, more important will be measuring the response from this survey.

 

October 4, 2009

Here’s the breakdown: Two government officials representing the Food and Drug Administration and the Drug...

NEW YORK Here’s the breakdown: Two government officials representing the Food and Drug Administration and the Drug Enforcement Agency joined Travis Tygart of the U.S. Anti-Doping Agency (the body responsible for keeping performance-enhancing drugs out of U.S.

October 1, 2009

Duane Reade’s new private-label offering, dubbed DR Delish, is one more indicator that the Manhattan-based...

NEW YORK Duane Reade’s new private-label offering, dubbed DR Delish, is one more indicator that the Manhattan-based retailer is forging ahead with its turnaround plans and taking steps to further meet the shopping needs of New Yorkers.

October 1, 2009

GNC is taking its boutique-style specialty shop to a whole new level, especially as it...

NEW YORK GNC is taking its boutique-style specialty shop to a whole new level, especially as it starts folding in product lines not normally part of a specialty supplement shop’s repertoire — yoga, pet supplements, probiotics, homeopathic health remedies, natural skin care, natural oral care and a wider assortment of arguably commodity-type supplement offerings, such as multivitamins and such popular health supplements as vitamin D or fish oil.

 

October 1, 2009

So, who’s bigger — CVS or Walgreens?...

NEW YORK So, who’s bigger — CVS or Walgreens?

 

That’s kind of a funny question really, and not just because both companies opened their 7,000 stores within one week of each other. Or, even because, both companies already operate more than 7,000 stores apiece.

 

 

It’s because it really doesn’t matter anymore who has the most stores. That’s really only one way to measure these companies; the stores are really just one component of a much bigger health care play.

 

September 27, 2009

The greater awareness raised around the potential of abuse of drugs commonly stored in the...

NEW YORK The greater awareness raised around the potential of abuse of drugs commonly stored in the consumers’ medicine cabinets among teens, the greater chance of reducing that drug abuse.

 

According to surveys conducted on behalf of the Consumer Healthcare Products Association and others in the past, when a parent talks to their children about drug abuse, it reduces the chances that that child abuses drugs by some 50%.