Content about Finance

May 18, 2010
NCPA praises CMS' pursuit of Medicare Part D payments from insurer

Following an industry group's collection of Medicare payment complaints, the Centers for Medicare and Medicaid...

May 16, 2010
Moody’s: Rx credit rating threatened by patent expirations, debt

A combination of patent expirations and rising levels of debt could put the drug industry’s...

May 16, 2010
NACDS praises 'swipe fee' fairness amendment

The National Association of Chain Drug Stores lauded an amendment that seeks to ensure that...

May 16, 2010
Safeway raises $10.7 million for programs that support people with disabilities

A food and drug retailer and its philanthropic arm raised more than $10 million to...

May 6, 2010
Reports: Billionaire investor seeks to push out Genzyme CEO

Billionaire investor Carl Icahn is trying to kick Genzyme CEO Henri Termeer off the company’s...

May 3, 2010
CVS Caremark's Q1 results forge ahead despite weak flu season

Despite a weak flu season and unfavorable weather in some regions, CVS Caremark posted record...

April 1, 2010
Don't write off Rite Aid just yet

These days Rite Aid comes with the image of a pugilist sprinting up the 72...

WHAT IT MEANS AND WHY IT’S IMPORTANT These days Rite Aid comes with the image of a pugilist sprinting up the 72 steps before the Philadelphia Museum of Art with both arms raised high. Because if Rite Aid were a movie, right now it’d be in the midst of its own montage.

(THE NEWS: Rite Aid suffers losses, expects flat performance in fiscal 2011. For the full story, click here)

March 22, 2010
Biogen Idec names billionaire as board member

Biogen Idec appointed a nominee of billionaire investor Carl Icahn to its board Monday, the...

March 17, 2010
Rite Aid accepting EBT cards, food stamps at stores

Rite Aid on Thursday announced that all Rite Aid pharmacies now accept EBT (electronic benefit...

March 14, 2010
Dollar store stimulus plan

While Sunday morning news pundits debate the effectiveness of the economic stimulus package Congress and...

March 14, 2010
Dollar store stimulus plan.

While Sunday morning news pundits debate the effectiveness of the economic stimulus package that Congress...

March 10, 2010
Kroger goes to court over fuel program patent

Kroger has filed a federal suit against Excentus Corp., which has demanded the grocer obtain...

March 4, 2010
Mylan gets upgrade from Moody's

Generic drug maker Mylan got an upgrade in its credit rating from Moody’s Investors Service,...

March 2, 2010
Elise Garofalo joins Revlon

Revlon has appointed Elise Garofalo as SVP treasurer and investor relations....

February 10, 2010
Drugstore.com reports Q4 sales

Drugstore.com noted a near 25% spike in net sales for its fourth quarter, compared with...

January 26, 2010
AmerisourceBergen sees earnings surge across the board

AmerisourceBergen is off to a good start in 2010 with a 44% increase in earnings...

January 26, 2010
Busch's does it 'MyWay'

A Michigan-based grocer has introduced a free online program that saves money, time and effort...

January 20, 2010
Standley to assume president, CEO roles at Rite Aid

Rite Aid on Thursday announced that John Standley will be promoted to the position of...

January 14, 2010
Duane Reade launches FlexRewards program

Duane Reade is kicking off on Jan. 16 its new FlexRewards program, which replaces the...

January 10, 2010
RAD gets loyal to Wellness+

A possible cold-flu product sales boost and rumors of projected economic recoveries aside, Rite Aid...

January 7, 2010
Mylan repays $196 million term-loan borrowings

Mylan last month pre-paid $196 million in bank term-loan borrowings that were due in 2011....

November 22, 2009
Save Flexible Spending Plans lobbying FSA reform

The simple fact is that healthcare reform in this country has to be paid for...

NEW YORK The simple fact is that healthcare reform in this country has to be paid for somehow. But cutting OTCs out of FSAs amounts to an additional healthcare tax levied against Americans actually trying to save money on health care today. That’s just backward thinking.

August 16, 2009
Hospital puts spin on retail therapy with Valley Health Marketplace

Valley Hospital’s foray into online retailing marks the second healthcare provider to make its way...

NEW YORK Valley Hospital’s foray into online retailing marks the second healthcare provider to make its way into the wired retail space after Medco Health went live with its online site powered by Drugstore.com earlier this summer.

 

August 2, 2009
NCPA: Members left out of the FSA mix

Beyond small business being lost in the big government shuffle, NCPA’s emphasis on this issue...

NEW YORK Beyond small business being lost in the big government shuffle, NCPA’s emphasis on this issue only stresses the importance behind over-the-counter medicines and the class of medicine inclusion as an eligible expense under flexible spending accounts.

 

Because, really, there can be only one impetus behind this letter — one of many customers walked into their local community pharmacy attempting to use an FSA debit card and had to be turned away.

 

July 12, 2009
NCPA announces new FSA service

There are a number of conclusions you can glean from the NCPA’s announcement, which runs...

NEW YORK There are a number of conclusions you can glean from the NCPA’s announcement, which runs counter to a Senate proposal to remove over-the-counter medicines as reimbursable expenses under flexible spending accounts/health savings accounts as a way to help pay for healthcare reform.