Content about Science

January 10, 2010

Supermarket pharmacy is ideally positioned to help ease some of the pressure on the U.S....

January 10, 2010

An organization representing the nation's independent pharmacies issued a letter to the chairmen of two...

January 5, 2010

MedPro Rx, a provider of specialty pharmacy services to clients with chronic illnesses who need...

January 4, 2010

A new research program called the Medication Exposure in Pregnancy Risk Evaluation will fund research...

January 4, 2010

Nutrition 21 on Tuesday announced that it has sold substantially all of the assets of...

December 13, 2009

Not quite, but the continued evolution of Kerr Drug’s Community Healthcare Center store concept certainly...

Not quite, but the continued evolution of Kerr Drug’s Community Healthcare Center store concept certainly offers a glimpse into what role community pharmacy could play in the American healthcare system of the future—and it goes far beyond just medication therapy management. Like the deal CVS Caremark announced in November with Generation Health, pharmacogenomics, the study of how genetics influence drug response, represents the new frontier of community pharmacy. And it’s a brave new world out there, to be sure.

November 24, 2009

Pharmacogenomics in Aisle 1?...

NEW YORK Pharmacogenomics in Aisle 1?

Not quite, but the continued evolution of Kerr’s Community Healthcare Center store concept certainly offers a glimpse into what role community pharmacy could play in the American healthcare system of the future — and it goes far beyond just MTM. Like the deal CVS Caremark announced last week with Generation Health, pharmacogenomics, the study of how genetics influence drug response, represents the new frontier of community pharmacy.

November 15, 2009

If nothing else, this survey reinforces the following two points: Retail pharmacists are oft-utilized recommenders...

NEW YORK If nothing else, this survey reinforces the following two points: Retail pharmacists are oft-utilized recommenders of nonprescription remedies, and consumers are more and more turning to their pharmacists' OTC recommendations in an effort to save money in this tight economy.

 

November 12, 2009

The United States has long been a laggard in healthcare information technology, but the country...

NEW YORK The United States has long been a laggard in healthcare information technology, but the country lately has undergone a Cambrian explosion of e-prescribing, as numbers from Walgreens and the e-prescribing network Surescripts demonstrate. The $19 billion that the federal stimulus package offers as an incentive to adopt HIT likely will accelerate the trend.

 

November 12, 2009

Like their chain pharmacy counterparts, the people who own and operate their own single-store or...

NEW YORK Like their chain pharmacy counterparts, the people who own and operate their own single-store or small-chain drug stores — as well as the advocacy groups that lobby on their behalf — are keeping close tabs on the progress of the various health-reform bills moving through the U.S. Senate and House. They should.

October 28, 2009

Drug Store News EXCLUSIVE: Senior editor Antoinette Alexander talks to Walgreens chief innovation officer Colin Watts about innovation, how to measure it and what Walgreens defines as true innovation.

Drug Store News EXCLUSIVE: Senior editor Antoinette Alexander talks to Walgreens chief innovation officer Colin Watts about innovation, how to measure it and what Walgreens defines as true innovation.

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.

 

September 24, 2009

Like a mythical Hydra that keeps sprouting new heads, the massive, shape-shifting beast masquerading as...

NEW YORK Like a mythical Hydra that keeps sprouting new heads, the massive, shape-shifting beast masquerading as the U.S. Senate’s compromise health-reform legislation keeps growing in size, reach and complexity as lawmakers tack on amendments that reflect their own philosophy about the role of government and the nature of the healthcare crisis. And in the midst of the debate, retail-pharmacy leaders are doing their best to make their voices heard.

 

September 10, 2009

Target is looking to its pharmacy business to drive customer traffic and average transaction size,...

NEW YORK Target is looking to its pharmacy business to drive customer traffic and average transaction size, areas where Target has struggled this year as the weak economy prompted customers to shop elsewhere.

The aggressive in-store communication effort is part of a larger marketing initiative the company announced at the end of its second quarter.

August 13, 2009

Specialty pharmacies Commcare Pharmacy and Diplomat Specialty Pharmacy have earned the respective 235th and 374th...

NEW YORK Specialty pharmacies Commcare Pharmacy and Diplomat Specialty Pharmacy have earned the respective 235th and 374th places on Inc. magazine’s list of the 500 fastest-growing private companies in the United States.

 

This goes to show how rapidly the specialty pharmacy industry has grown thanks to its focus on complex illnesses and medication regimens that traditional pharmacies are mostly unable to support, growing 8.8% last year, compared to 4.4% for traditional pharmacies, while specialty drugs had nearly $60 billion in U.S. sales.

August 9, 2009

When the going gets tough, the tough look for new ways to serve patients. Over the past year, the growing healthcare funding crisis and the worst economic climate since the 1930s have spawned competing health-reform proposals in Washington and cast a cloud of uncertainty over the U.S. health system, including community pharmacy. But they also have unleashed a flurry of retail innovation in such areas as pharmacy-based care, medication therapy management and patient compliance initiatives.

When the going gets tough, the tough look for new ways to serve patients. Over the past year, the growing healthcare funding crisis and the worst economic climate since the 1930s have spawned competing health-reform proposals in Washington and cast a cloud of uncertainty over the U.S. health system, including community pharmacy. But they also have unleashed a flurry of retail innovation in such areas as pharmacy-based care, medication therapy management and patient compliance initiatives. Click below to download the PDF of the Pharmacy Report.

 

June 28, 2009

If you could be a superhero for one day, what special powers do you think...

If you could be a superhero for one day, what special powers do you think you would choose for yourself? Would it be the power of flight? How about invisibility? Or invincibility?

What if I told you none of that gets you anywhere in Washington? If you really want to be a hero in Washington, you need a set of super powers that on the surface might seem pretty ordinary, like the power of utter visibility, the power of seamless communication or the power to persuade and convince.

June 18, 2009

Did RxIMPACT Day make an impact? You bet....

NEW YORK Did RxIMPACT Day make an impact? You bet.

 

If there were any members of Congress that hadn’t noticed the more than 150 members of the community pharmacy community making their way around the Capitol — many of them clad in the white lab coats symbolic of the profession — on Weds., certainly there couldn’t have been a member on the Hill that hadn’t felt their presence by the time the day was done.

 

 

May 28, 2009

The Pharmacy Technician Certification Board welcomed a recommendation this week by the National Association of...

NEW YORK The Pharmacy Technician Certification Board welcomed a recommendation this week by the National Association of Board of Pharmacy that state boards of pharmacy require pharmacy technicians to have PTCB certification. The NABP will amend its Model Act to recommend that all boards of pharmacy require pharmacy tech certification by 2015.

 

May 28, 2009

Walgreens is serious about cutting its operating costs — nowhere more so than in its...

NEW YORK Walgreens is serious about cutting its operating costs — nowhere more so than in its pharmacies. It’s no secret that professional salaries are one of the biggest single expense lines in any chain drug store operating budget, and Walgreens brass have made it clear they’re looking to the company’s “Power” initiative to restore some of the profitability to retail pharmacy that PBMs and shrinking prescription dispensing margins have bled out of the industry over the past two decades.

 

April 23, 2009

For years now, pharmacy leaders at the state and national level have waged a long...

NEW YORK For years now, pharmacy leaders at the state and national level have waged a long lobbying campaign to educate policymakers about the damage wrought to community pharmacies by ill-conceived Medicaid cost-cutting programs.

 

April 2, 2009

The news that CVS Caremark and Horizon Blue Cross Blue Shield of New Jersey have...

The news that CVS Caremark and Horizon Blue Cross Blue Shield of New Jersey have reached 5.5 million e-prescriptions since 2004 is no doubt a major example of how providers are increasingly communicating electronically to advance patient care. What’s even more impressive, is the number of e-prescriptions jumped 20% in just one year from 2007 to 2008.

Once again, CVS Caremark has proven to be a leader and on the forefront of technology, this time with its proprietary iScribe e-prescribing system.

March 28, 2009

As parent company AmerisourceBergen merged more of its old Family Pharmacy network of independent drug stores and store-support services into its resurgent Good Neighbor Pharmacy operations and marketing umbrella, GNP has continued a rapid growth spurt and muscled its way into the top tier of national drug store brands.

Good Neighbor Pharmacy
ABC chairman, president and CEO: R. David Yost
Corp. Offices: Valley Forge, Pa.
Number of Members/Stores: 3,000
Web page: healthinfo.mygnp.com

March 28, 2009

If there’s an independent pharmacy in your market area with a Leader Pharmacy logo on the storefront — and with more than 3,400 Leader stores nationwide, chances are good that there’s one nearby — don’t be fooled by the store’s modest footprint or the folksy, mom-and-pop image it may project. The store’s owners have an arsenal of sophisticated business tools at their disposal, and the backing of an $87 billion, global health services and wholesaling giant.

Leader Pharmacy
Cardinal’s SVP independent pharmacy sales: Tom DeGemmis
Corp. Offices: Dublin, Ohio
Number of Members/Stores: 3,400
Web page: www.myleader.com

March 28, 2009

Independent pharmacy has been slammed hard by the continuing slide in prescription-dispensing profits, a dismal economy and powerful chain store competitors. But with their strong ties to local communities and the patients they serve, most are weathering the storm and may emerge stronger than ever.

Independent pharmacy has been slammed hard by the continuing slide in prescription-dispensing profits, a dismal economy and powerful chain store competitors. But with their strong ties to local communities and the patients they serve, most are weathering the storm and may emerge stronger than ever.