STAT

AUGUST 1, 2023

Rise and shine, everyone, another very busy day awaits. CVS operates more than 9,000 retail locations and 1,100 walk-in clinics nationwide. Even so, there is nothing like a pleasant morning to lift the spirits. A familiar exercise, yes? Well, time to get cracking. So please join us for a daily ritual — a few cups of stimulation.

Drug Pricing 243

Drug Pricing 243

Integra X Files

APRIL 17, 2023

It might be time to revisit the concept and have a few more discussions with your business partners about this important topic. Class of Trade (COT) is a term commonly used in the pharmaceutical industry to categorize different types of buyers based on their business characteristics and purchasing behaviors. What Is Class of Trade?

Specialty Pharmacies 87

Specialty Pharmacies Hospitals 87

Drug Channels

APRIL 1, 2024

Consider two apparently unrelated drug channel anomalies: In McKesson’s 2023 fiscal year, CVS bought $75 billion in pharmaceuticals from McKesson’s wholesale business—a jump of more than 35% compared with the previous year. Despite skyrocketing sales for anti-obesity GLP-1 drugs, many retail pharmacies are losing money on every prescription.

Drug Pricing 88

Drug Pricing Hospitals 88

BioPharma Dive

JUNE 12, 2023

CVS Health was one of the first retailers to launch a clinical trials business. But a number of other competitors followed, arguing they could provide easier access and more diverse studies.

52

52

Drug Channels

DECEMBER 6, 2023

I commend CVS Health for attempting to address key economic challenges facing the retail pharmacy industry and for tackling the hidden complexities of PBM pricing models. As I explain, a shift to cost-based pharmacy reimbursement could stabilize CVS Health’s retail business by improving its dispensing profits.

Documentation 69

Documentation 69

Definitive Healthcare

FEBRUARY 23, 2024

Resource Type E-Books & How-To Guides Blog How-To Guide Healthcare Insight Medical claims 101: What you need to know How to sell effectively to healthcare facilities and executives using the right… Hospital payor mix by state Image Image Image ","nextArrow":" ","appendArrows":".coh-slider-nav-bottom","dots":false,"draggable":true,"swipe":true,"fade":false,"vertical":false,"speed":700,"cssEase":"ease","pauseOnHover":false,"pauseOnDotsHover":false,"autoplay":false,"rows":0},"sm":{"slidesToShow":2,

Drug Pricing 52

Drug Pricing Hospitals Drug Development 52

STAT

MAY 23, 2023

Rise and shine, another busy day is on the way.  Walgreens argued it had long reported its retail prices as “usual and customary” on reimbursement claims, and alleged Humana was aware its discount drug-price program was not part of “usual and customary” submissions. But this is to be expected.

Drug Pricing 221

Drug Pricing Dosage Diabetes 221

Drug Channels

FEBRUARY 15, 2022

Time to update Drug Channels' exclusive look at independent pharmacy owners’ business economics. Our analysis again reveals that despite what you may have heard, many independent pharmacies continue to hang on in a highly challenging retail environment. retail pharmacy industry faces many powerful headwinds.

Independent Pharmacies 86

Independent Pharmacies Vaccines 86

STAT

JANUARY 4, 2023

As for us, we are busy firing up the coffee kettle to brew yet another cup of stimulation — our choice today is peppermint mocha — and scouring for items of interest. … For the first time, retail pharmacies will be allowed to offer abortion pills in the U.S. Speaking of which, here is the latest rundown.

Health and Personal Care Stores 130

Health and Personal Care Stores Mail-Order Pharmacies 130

Proxsys Rx

MAY 16, 2024

The United States Congress established the 340B statute in 1992 to help non-profit hospitals fill-in the often-backbreaking revenue gaps inherent to their business models — enabling covered entities to replenish eligible prescriptions at significant savings. Have you really evaluated your 340B vendor’s business practices?

Specialty Pharmacies 52

Specialty Pharmacies Hospitals Prescription Filling 52

Drug Channels

DECEMBER 5, 2023

Consider two apparently unrelated drug channel anomalies: In McKesson’s 2023 fiscal year, CVS bought $75 billion in pharmaceuticals from McKesson’s wholesale business—a jump of more than 35% compared with the previous year. Despite skyrocketing sales for anti-obesity GLP-1 drugs, many retail pharmacies are losing money on every prescription.

Drug Pricing 85

Drug Pricing Hospitals 85

pharmaphorum

FEBRUARY 26, 2021

This was comparable to other sectors such as financial services (32 days), technology businesses (33), manufacturing and automotive (33) and retail (31). in retail and 33.5% in retail and 33.5% 89% of UK business leaders report that COVID-19 accelerated their move to the cloud. in construction, 37.6% in logistics.

Communication 109

Communication 109

RX Note

NOVEMBER 13, 2023

Introduction Over the past few years, there is a growth in retail pharmacies in Malaysia. Create a Plan Before opening any business, it is important to locate a good location after studying Population characteristics (e.g. NOTE: Alternatively, you may also start up a pharmacy business by purchasing an existing pharmacy.

Community Pharmacies 52

Community Pharmacies Health and Personal Care Stores Documentation Independent Pharmacies 52

Pharmaceutical Technology

SEPTEMBER 7, 2022

Increasing diagnosis of chronic diseases is expected to lead to fast growth in retail pharmacies. The rising incidence of long-standing diseases such as hypertension, diabetes, cardiovascular diseases, and cancer requires prolonged medication and, thus, drives the growth and need for retail pharmacies in the market. Speciality care.

Online Pharmacies 59

Online Pharmacies Documentation Compounding Diabetes 59

Drug Channels

APRIL 12, 2023

In Drug Channels Institute’s list of the top 15 pharmacies of 2022 , we show that central-fill, mail pharmacies operated by large PBMs and health insurers have displaced retail chains as the largest prescription drug dispensers by revenues.

Specialty Pharmacies 96

Specialty Pharmacies Independent Pharmacies Hospitals 96

pharmaphorum

JANUARY 18, 2022

The retail giant currently uses Microsoft’s machine-learning program and cloud computing service Azure to automate tasks such as digitising paper or fax prescriptions, helping technicians fill those prescriptions more quickly. .”

Prescription Filling 119

Prescription Filling 119

Pharmacy Times

DECEMBER 6, 2022

Tom Greenlee, retail pharmacy manager at the University of Missouri Health Care, and Kayla Hodges, 340B Analyst in Pharmacy Business at the University of Missouri Health Care, discusses how a successful career ladder can help retain pharmacy technicians.

Pharmacy Technician 49

Pharmacy Technician Pharmacy Management 49

The Guardian - Pharmaceutical Industry

DECEMBER 7, 2022

You’d think fund mangers would have deployed degree of scepticism after years of overvalued businesses Flotation fever is a dangerous condition, and the bout experienced in early 2021, we can now say, was severe. One could even call the business model clever. Now comes Moonpig.

41

41

Pharma Pathway

DECEMBER 12, 2022

PI Industries Limited (PI) is a fast growing agri-Sciences Company with a unique business model across the Agchem value chain from R&D. PI Industries, Founded in 1946, we work with a unique business model across the AgChem value chain from R&D to distribution providing innovative solutions by partnering with the best.

87

87

Pharmacy Is Right For Me

JANUARY 25, 2023

Franklin Roye, PharmD, is President of IndyCare , a retail health and wellness center based in North Carolina that provides technology-enhanced, collaborative care on-demand at your local independent community pharmacy. There are certainly retail pharmacies with clinics inside of them; think CVS Minute Clinic, Walgreens, and Kroger.

Community Pharmacies 130

Community Pharmacies Drug Development 130

RX Note

MARCH 29, 2024

Type D - Retailer's License for Part II Poisons Issued to any person whom the Licensing Officer may consider to be a fit and proper person to hold such licence, to store and sell by retail such Part II Poisons as may be specified. Section 26 Issue or cancel previously issued licenses.

Documentation 40

Documentation Compounding 40

Fuld & Company Blog

JANUARY 24, 2023

BOSTON – Jan 24, 2023 – Fuld & Company, a fast-growing research, analytics, and advisory business, today announced the appointment of Charles Collier to the role of Senior Vice President, Consulting Research & Analytics. The Fuld team is thrilled to have Charles leading business development in the private equity space.”

52

52

Fuld & Company Blog

JULY 13, 2023

A retail brand spending millions on market research was not using the data to its fullest potential. Objective To provide business users with the ability to visualize, explore, and leverage past survey data to its fullest potential, and with the flexibility to utilize the data for insights related to their unique business challenges.

52

52

Drug Channels

SEPTEMBER 23, 2021

I was struck by how quickly Cigna’s Express Scripts PBM business has increased revenues and prescriptions from its retail pharmacy network. I expect Cigna’s influence over the drug channel to expand further as other businesses step onto this burgeoning platform. Links below. Our second chart below highlights this growth.

74

74

FDA Law Blog: Biosimilars

AUGUST 21, 2023

Attorney’s Office for the Western District of Texas announced that People’s Rx, a local chain operating five retail pharmacies and a compounding laboratory in the Austin area, agreed to pay $200,000 to settle allegations that it violated the Controlled Substances Act (“CSA”). By Larry K. Houck — Last week the U.S. 21 U.S.C. § 21 U.S.C. §

Controlled Substances 52

Controlled Substances General Merchandise Stores Grocery Stores Compounding 52

Digital Pharmacist

APRIL 30, 2024

estimated to be spent by US consumers on Mother’s Day Moms Currently in the US % of US adults expected to celebrate Mother’s Day Mother’s Day Ideas for Your Pharmacy As the third-largest retail holiday in the US, Mother’s Day is a great marketing opportunity. Now you may be thinking, how do I choose who to partner with?

Communication 98

Communication Pharmacy Management 98

Proxsys Rx

OCTOBER 2, 2023

Few corporate ladders in the retail pharmacy world rise higher than Derel Smith’s did. As former Director Pharmacy Operations for a major regional retailer, he managed oversight of nearly 600 pharmacies. Besides, Derel brought a great business mindset to the equation, which is exactly what we look for with Pharmacists In Charge.

Inpatient 52

Inpatient Hospitals 52

Drug Channels

MAY 12, 2021

I was struck by how quickly Cigna’s Express Scripts PBM business has increased revenues and prescriptions from its retail pharmacy network. I expect Cigna’s influence over the drug channel to expand further as other businesses step onto this burgeoning platform. Links below. Our second chart below highlights this growth.

52

52

Drug Channels

MAY 3, 2022

In Drug Channels Institute’s list of the top 15 pharmacies of 2021 , we show that central-fill, mail pharmacies operated by large PBMs and health insurers have displaced retail chains as the largest prescription drug dispensers by revenues. You will see that PBMs and insurers retained their dominance over specialty dispensing.

Specialty Pharmacies 78

Specialty Pharmacies 78

The Digital Apothecary

OCTOBER 4, 2019

Implications of this are that there is a substantial loss of profits in the pharmacy space, which means that businesses need to start trimming corners. Pharmacy has often served as a loss-leader for many businesses. Take retail establishments (e.g., But it's not just lost profits due to drug-sales that is a concern.

Grocery Stores 130

Grocery Stores Independent Pharmacies Community Pharmacies 130

Drug Channels

FEBRUARY 2, 2021

Time to update Drug Channels' exclusive look at independent pharmacy owners’ business economics. Retail pharmacy profits have rebounded—or at least not fallen any further. Read on for our analysis of pharmacy profits and some thoughts on the hardy retail pharmacy survivors. d/b/a Drug Channels Institute.

Independent Pharmacies 52

Independent Pharmacies 52

Drug Channels

DECEMBER 6, 2022

Today, I examine the seven largest retail chains’ 2023 participation in the 22 major 2023 Part D preferred networks that the eight largest plan sponsors will offer. For each plan, we have identified the network status of seven large retail chains. The table below summarizes retail chain participation as preferred pharmacies.

95

95

Drug Channels

JULY 27, 2022

In Drug Channels Institute’s list of the top 15 pharmacies of 2021 , we show that central-fill, mail pharmacies operated by large PBMs and health insurers have displaced retail chains as the largest prescription drug dispensers by revenues. Click here to see the original post from May 2022.

Specialty Pharmacies 82

Specialty Pharmacies 82

Digital Pharmacist

SEPTEMBER 12, 2022

Let’s dive deeper into the business side of Amazon Pharmacy. . They also show the “Retail Price” of the medication along with the special “Amazon Prime Member” price, which appears to be significantly cheaper than the non-Prime Member price. Additionally, the pharmacy site is set up like the Amazon retail site.

Pharmacy Automation 99

Pharmacy Automation Independent Pharmacies Packaging 99

Amber

JUNE 27, 2023

27, 2023) – Amber Specialty Pharmacy announces today that Craig Holtgrave has been named senior vice president of business innovation. Holtgrave holds a bachelor’s degree in business administration from McKendree University. “We OMAHA, Neb.

Specialty Pharmacies 52

Specialty Pharmacies Pharmaceutical Manufacturing 52

Drug Channels

MARCH 8, 2022

The total share of the largest 15 companies decreased slightly compared with their 2020 share, due primarily to below-market growth rates at retail and long-term care pharmacies. As I discuss below, upcoming business changes may reshuffle this list during 2022.

Drug Pricing 87

Drug Pricing 87

Pharmaceutical Technology

FEBRUARY 28, 2023

“Our strong balance sheet enables us to acquire products of strategic importance to strengthen our base business and build for long-term growth.” Dr Reddy’s North America business CEO Marc Kikuchi said: “This important acquisition provides our North American organisation with a significant foothold in the women’s health space.

52

52