Content about wholesaler

May 7, 2012
H. D. Smith signs wholesale deal with PharmacyGPO

Pharmaceutical wholesaler H. D. Smith will act as the exclusive supplier of various healthcare products for a buying group that serves independent pharmacies, the company said Monday.

SPRINGFIELD, Ill. — Pharmaceutical wholesaler H. D. Smith will act as the exclusive supplier of various healthcare products for a buying group that serves independent pharmacies, the company said Monday.

April 5, 2012
Costco reports surge in monthly sales

Sales for the month of March increased 10% for Costco to $9.13 billion, the wholesaler reported Thursday.

ISSAQUAH, Wash. — Sales for the month of March increased 10% for Costco to $9.13 billion, the wholesaler reported Thursday.

For the five weeks ended Apr. 1, comparable-store sales for the month were 6%; U.S. comps were 6% and international comps were 7%. Excluding inflation of gasoline prices and foreign currencies comparable sales for these periods were 6%, including 5% for the United States and 9% for international.

April 4, 2012
NACDS submits comments to CMS regarding Medicaid pharmacy reimbursement provisions of healthcare-reform law

The National Association of Chain Drug Stores has submitted official comments to the Centers for Medicare and Medicaid Services regarding its proposed rule on Medicaid pharmacy reimbursement using the average manufacturer price model.

ALEXANDRIA, Va. — The National Association of Chain Drug Stores has submitted official comments to the Centers for Medicare and Medicaid Services regarding its proposed rule on Medicaid pharmacy reimbursement using the average manufacturer price model. The AMP model was reformed by the Patient Protection and Affordable Care Act.

March 23, 2012
'Fortune' names Spartan Stores to most admired list

Fortune magazine has named supermarket operator Spartan Stores as one of its most admired companies for 2012.

GRAND RAPIDS, Mich. — Fortune magazine has named supermarket operator Spartan Stores as one of its most admired companies for 2012.

Spartan announced Friday that Fortune had added it to the list of the "World's Most Admired Companies" in the wholesaler: food and grocery category. Spartan owns 96 supermarkets in Michigan and operates a distribution business that serves 375 other stores in Michigan, Ohio and Indiana.

March 14, 2012
H.D. Smith appoints Bill Williams as CFO

Pharmaceutical wholesaler H.D. Smith has appointed Bill Williams as CFO, the company said Wednesday.

SPRINGFIELD, Ill. — Pharmaceutical wholesaler H.D. Smith has appointed Bill Williams as CFO, the company said Wednesday.

Williams, who has worked at such companies as Kraft Foods, Allied Signal and Martin Brower Co., most recently worked as a partner in Tatum LLC's Chicago office.

January 13, 2012
GMDC to expand its '365 Days of Value' program

The Global Market Development Center on Tuesday announced that it is expanding its “365 Days of Value” program through its advisory boards to support members throughout the year.

COLORADO SPRINGS, Colo. — The Global Market Development Center on Tuesday announced that it is expanding its “365 Days of Value” program through its advisory boards to support members throughout the year.

December 7, 2011
Report: Unions sue to stop Wash. liquor privatization

The state government of Washington is set to bow out of the liquor business on June 1 thanks to a ballot initiative that passed last month, but two labor unions are hoping to stop it, according to published reports.

NEW YORK — The state government of Washington is set to bow out of the liquor business on June 1 thanks to a ballot initiative that passed last month, but two labor unions are hoping to stop it, according to published reports.

December 6, 2011
Cardinal Health ranks No. 1 on Gartner's 'Healthcare Supply Chain Top 25'

Gartner on Monday released the findings from its third annual "Healthcare Supply Chain Top 25," ranking Cardinal Health No. 1.

STAMFORD, Conn. — Gartner on Monday released the findings from its third annual "Healthcare Supply Chain Top 25," ranking Cardinal Health No. 1. The top 25 ranking for 2011 identifies organizations using their supply chains to improve the patient care experience.
 
"Value chain leadership in a range of foundational and collaborative capabilities has allowed these organizations to make great strides in enabling high-quality patient care at optimal economic cost," stated Barry Blake, research analyst at Gartner.
 

November 16, 2011
Hamacher Resource Group launches home healthcare digital library

Hamacher Resource Group on Tuesday announced the development of a digital home healthcare product library containing product attributes that easily can be searched and sorted to streamline identification and ordering.

WAUKESHA, Wis. — Hamacher Resource Group on Tuesday announced the development of a digital home healthcare product library containing product attributes that easily can be searched and sorted to streamline identification and ordering.

October 27, 2011
H. D. Smith CFO to join Chicago Public Schools as new CFO

Pharmaceutical wholesaler H. D. Smith announced on Thursday that Dave Watkins, CFO, will leave the company to join Chicago Public Schools as its new CFO, effective Nov. 7.

SPRINGFIELD, Ill. – Pharmaceutical wholesaler H. D. Smith announced on Thursday that Dave Watkins, CFO, will leave the company to join Chicago Public Schools as its new CFO, effective Nov. 7.

H. D. Smith stated that it will soon name an executive to serve as interim CFO while a search for a replacement is conducted.

In his new role, Watkins will be taking a leadership position in addressing the financial challenges of the third-largest school district in the United States, serving more than 400,000 students.

October 26, 2011
Distribution solutions, technology solutions businesses aid McKesson's Q2

McKesson said its distribution solutions and technology solutions businesses helped drive the company's operating results for the second quarter ended Sept. 30.

SAN FRANCISCO — McKesson said its distribution solutions and technology solutions businesses helped drive the company's operating results for the second quarter ended Sept. 30.

For its distribution solutions business, McKesson reported that revenue was up 10% to $29.4 billion. The increase, the wholesaler said, was primarily driven by growth in U.S. pharmaceutical direct distribution and services revenues (which rose to nearly $26 billion), as well as the acquisition of US Oncology, the company said.

September 12, 2011
Q&A: Eyeing managed 
 care in 'HD' — Mark deBruin, H. D. Smith

Longtime industry veteran Mark de Bruin in July signed on with wholesaler H. D. Smith as corporate VP managed care. Drug Store News sat down with de Bruin recently to discuss the managed care climate for the independent pharmacy operator and how the business of pharmacy continues to evolve. 


Longtime industry veteran Mark de Bruin in July signed on with wholesaler H. D. Smith as corporate VP managed care. Drug Store News sat down with de Bruin recently to discuss the managed care climate for the independent pharmacy operator and how the business of pharmacy continues to evolve. 


DSN: What are the challenges facing managed care networks today? 


July 27, 2011
H. D. Smith reorganizes national operations

Pharmaceutical wholesaler H. D. Smith announced that amid the retirement of one of its executives, the company has reorganized its national operations to meet the regional needs of its customers.

SPRINGFIELD, Ill. — Pharmaceutical wholesaler H. D. Smith announced that amid the retirement of one of its executives, the company has reorganized its national operations to meet the regional needs of its customers.

July 21, 2011
Cardinal Health announces Women in Pharmacy initiative

At its annual national trade show, Cardinal Health on Thursday introduced a new initiative that celebrates and encourages female community pharmacy ownership.

LAS VEGAS — At its annual national trade show, Cardinal Health on Thursday introduced a new initiative that celebrates and encourages female community pharmacy ownership.

July 20, 2011
Cardinal Health's Retail Business Conference highlights new services

Cardinal Health on Wednesday morning announced that the wholesaler’s annual national trade show for independent pharmacies marks the largest in the event’s more than 20-year history, with nearly 7,000 attendees.

LAS VEGAS — Cardinal Health on Wednesday morning announced that the wholesaler’s annual national trade show for independent pharmacies marks the largest in the event’s more than 20-year history, with nearly 7,000 attendees.

July 11, 2011
McKesson announces 2011 Pharmacy of the Year awards

McKesson earlier this month named its 2011 Pharmacy of the Year awards at the wholesaler’s annual McKesson ideaShare Conference.

SAN FRANCISCO — McKesson earlier this month named its 2011 Pharmacy of the Year awards at the wholesaler’s annual McKesson ideaShare Conference.

This year's winners, recognized during a special awards ceremony, included a national grand prize winner and four category winners. McKesson's Pharmacy of the Year awards recognize independent pharmacies that demonstrate a strong commitment to advancing clinical excellence, personalized care and retail best practices.

July 5, 2011
Former Asteres CEO joins H. D. Smith

H. D. Smith, the fourth-largest national pharmaceutical wholesaler, on Tuesday named Mark de Bruin to the post of corporate VP managed care.

SPRINGFIELD, Ill. — H. D. Smith, the fourth-largest national pharmaceutical wholesaler, on Tuesday named Mark de Bruin to the post of corporate VP managed care.

In his new position at H. D. Smith, 29-year industry veteran de Bruin will be responsible for the company's third party network, creating and maintaining an alliance of prescription and healthcare service providers.

April 28, 2011
Costco increases dividend, announces share buyback

Wholesaler Costco on Tuesday said its board of directors has approved a $4 billion share buyback program. The company also raised its quarterly dividend by 17% to 24 cents, up from 20.5 cents.

ISSAQUAH, Wash. — Wholesaler Costco on Tuesday said its board of directors has approved a $4 billion share buyback program. The company also raised its quarterly dividend by 17% to 24 cents, up from 20.5 cents.

The share buyback program expires in April 2015 and replaces a previous plan set to expire in July, which had $800 million remaining, the company said.

April 25, 2011
Cardinal reinforces true ‘independence’

Embrace diversity. You don’t have to be Leader to be a leader.


February 18, 2011
NewsBytes on WAG's Rx purchasing team, WMT's Duncan Mac Naughton, CVS Q4 results and more

DEERFIELD, Ill. — Walgreens this month rounded out the pharmacy purchasing team led by Jeff Berkowitz, who joined the company in the fall as SVP pharmaceutical development and market access.


February 17, 2011
Schnucks to host Frieda’s Produce University

Supermarket chain Schnucks Markets is partnering with produce wholesaler Frieda’s to educate shoppers about citrus fruits.

ST. LOUIS — Supermarket chain Schnucks Markets is partnering with produce wholesaler Frieda’s to educate shoppers about citrus fruits.

The retailer said all of its Schnucks and Logli stores in Missouri, Illinois, Indiana, Wisconsin, Iowa, Tennessee and Mississippi would host Frieda’s Produce University, an eight-hour, open-house-style event on Saturday that will feature staff to teach shoppers how to prepare and eat various citrus fruits and free samples. The session will cover exotic varieties, such as Meyer lemons, pomelos, blood oranges and kumquats.

February 2, 2011
Three H.D. Smith executives promoted

Pharmacy wholesaler H.D. Smith has promoted three of its executives.

SPRINGFIELD, Ill. — Pharmacy wholesaler H.D. Smith has promoted three of its executives.

The company announced Wednesday the promotion of Joseph Conda to SVP strategic planning and business development, Robert Appleby to corporate VP prescription products and Carolyn Webb to corporate VP marketing.

January 31, 2011
H.D. Smith names EVP

A pharmaceutical wholesaler has promoted one of its executives.

SPRINGFIELD, Ill. — A pharmaceutical wholesaler has promoted one of its executives.

H. D. Smith said Harvey Tanenbaum — an industry veteran with more than 30 years of experience — now will serve as the company's EVP, responsible for all efforts connected to metro New York area expansion.

January 17, 2011
McNeil provides update on comprehensive action plan

After announcing its voluntary recall of certain products at a wholesaler level on Friday, Johnson & Johnson's McNeil Consumer Healthcare division provided an update on its internal assessment phase of its comprehensive action plan.

NEW BRUNSWICK, N.J. — After announcing its voluntary recall of certain products at a wholesaler level on Friday, Johnson & Johnson's McNeil Consumer Healthcare division provided an update on its internal assessment phase of its comprehensive action plan.

January 14, 2011
McNeil issues recall at wholesaler level

In consultation with the Food and Drug Administration, McNeil Consumer Healthcare on Friday voluntarily recalled certain lots of Tylenol 8 Hour, Tylenol Arthritis Pain and Tylenol upper respiratory products, as well as certain lots of Benadryl, Sudafed PE and Sinutab products at the wholesale level.

FORT WASHINGTON, Pa. — In consultation with the Food and Drug Administration, McNeil Consumer Healthcare on Friday voluntarily recalled certain lots of Tylenol 8 Hour, Tylenol Arthritis Pain and Tylenol upper respiratory products, as well as certain lots of Benadryl, Sudafed PE and Sinutab products at the wholesale level.