09/13/2013 - 7:31am

Theranos and Walgreens announced a long-term partnership to bring access to Theranos’ new lab testing service through Walgreens pharmacies nationwide. As the service becomes available through Theranos Wellness Centers inside Walgreens stores, consumers will be able to access less invasive and more affordable clinician-directed lab testing.

With this news, it becomes clear that the days of the Walgreens pharmacist and nurse practitioner are numbered. Not because those professionals are going anywhere, mind you. But because the connotation associated with those occupations really no longer apply. With the number of healthcare services being rolled out under the Walgreens umbrella, it would be more apropos to identify them as healthcare brokers.

09/06/2013 - 3:27pm

MarketsandMarkets has projected the global market for mobile health apps and other products is expected to reach a value of nearly $21 billion in five years, according to a new report. That's some 3.5 times larger than today — MarketsandMarkets estimates health apps generate some $6.3 billion today. That's also a lot of consumer/patients interested in getting a better handle on their own care — and that spells opportunity for pharmacy operators.

The truth is, these could be very conservative figures. Both smartphone and tablet penetration is on a steep incline across the world, leading to more app downloads. And the baby boomer generation — tech savvy most of them — aren't getting any younger. And that leads to more health and wellness downloads.

09/06/2013 - 3:19pm

Expanding pharmacists' role in Canada could reduce the burden of chronic illness on patients and save the country's healthcare system between C$1.4 billion and C$1.9 billion (US$1.34 billion-$1.83 billion) over the next three years, according to a new report released by Arthritis Consumer Experts, the Arthritis Research Centre of Canada and Shoppers Drug Mart.

Canada's single-payer healthcare system is vastly different from that of the United States, not to mention differences between the two countries in terms of laws and regulations that govern pharmacy, but the lessons from the study apply equally to both.

09/06/2013 - 3:08pm

CVS/pharmacy has kicked off the second half of its annual Project Health wellness campaign, which is slated to deliver more than $15 million worth of free health screenings to multicultural communities across the country by the end of the year.

While this campaign, known as Proyecto Salud in Spanish, isn’t exactly a new one for the pharmacy retailer that doesn’t take away from its importance. This campaign further illustrates the vital role that community pharmacy plays along the frontlines of U.S. healthcare and is especially timely given the fact that healthcare reform looms on the horizon.

08/26/2013 - 1:29pm

Peapod is opening nine new pickup locations at Stop & Shop stores around Massachusetts and Rhode Island as part of an expansion push in New England, bringing its total number of sites in those states and Connecticut to 27.

The way Americans shop for groceries is undergoing a rapid and dramatic change. Supermarkets will likely continue to exist for a long time, but a growing amount of shopping for food is happening online.

08/26/2013 - 1:22pm

The collaboration between Community Health Network and Walgreens' Healthcare Clinic is officially underway as of last week, the companies announced. It's just one manifestation of how retail clinics and the pharmacies that house them will contribute to making health care more cost-efficient in the years ahead through coordinated care vetted by improved outcomes.

In fact, 2014 will be the year of the retail clinic. The collaboration dovetails nicely with Walgreens' plans to significantly expand the scope of care found at Healthcare Clinic that president and CEO Greg Wasson talked about at the company's last quarterly conference call. "These new services include diagnosis, treatment and management for hypertension, diabetes, high cholesterol and asthma, as well as additional preventive health services," he said.

08/26/2013 - 12:56pm

To help battle the national prescription drug abuse epidemic in the country, CVS Caremark embarked on a program whereby it tapped its extensive database to identify and halt inappropriate prescribing of high-risk drugs.

The reality is that drug stores have been caught in the middle of the nation's prescription drug abuse epidemic, and CVS Caremark’s efforts are an example of the larger role that retail pharmacy can play.

08/19/2013 - 12:52pm

In a segment of CNBC's "Mad Money" program, host Jim Cramer proclaimed "Rite Aid is back" when a caller asked for the former hedge fund manager's opinion about the Camp Hill, Pa.-based retail pharmacy chain. "Rite Aid is good. … It is an okay situation. The group is strong," Cramer said.

Cramer's proclamation only confirmed what Drug Store News has been saying for a while now, ever since it became clear that Rite Aid had hit pay dirt with its Wellness+ loyalty card program, growing sales and reversing several years of annual and quarterly losses. In April 2013, the company posted its first profitable fiscal year since 2007.

08/19/2013 - 12:19pm

Walgreens last week made several executive moves to boost its Daily Living business organization, chief of which was the announcement that Alex Gourlay will make the transition from chief executive of Alliance Boots' health and beauty division to EVP, president of customer experience and daily living for Walgreens. http://www.drugstorenews.com/article/walgreens-announces-enhanced-daily-...

Gorley will fill in the vision and leadership hole Joe Magnacca left when he departed Walgreens to take on challenge of reinventing Radio Shack. The move showcases the kind of extended depth chart that is now enjoyed across Walgreens and Alliance Boots and takes Walgreens' strategy of tapping the best executives to fill strategic positions to a whole new global level.