No matter where you stand with regard to Obamacare or the American Health Care Act that Congress is debating even now, one factor is certain: The cost of health care — and the consumer’s share of that cost — is only going to grow.
Of the 62% of PrescribeWellness survey respondents who chose the pharmacy over visiting a doctor’s office, as many as 26% stated their pharmacy is their “one-stop shop” for many health-and-wellness needs.
Looking forward, several trends will shape what pharmacy looks like in 10 years, including the continuation of value-based care, a focus on providing wellness resources rather than sick care and many others.
The upper respiratory, cold-allergy-sinus liquids and tablets segments combined saw a 4% growth in sales across multi-outlets for the last 12 months compared with the previous year, with growth in drug and food channels for both UR segments.
Lewis Drug’s two-pronged retailing approach encompasses both large-scale stores serving a broad range of needs in its more urban and suburban locations, and a network of much smaller and more traditionally merchandised drug stores serving smaller towns and rural areas.
To get to the point where, as Lewis Drug SVP professional services Bill Ladwig puts it, “if people mention pharmacy in the Sioux Falls area, they think of Lewis,” the company has kept pharmacy services — from immunizations to community care programs and its latest foray into telepharmacy — at its core.
Since its start 75 years ago, Lewis Drug has grown to 54 stores, including 10 Lewis Drug units in and around its central Sioux Falls, S.D., market area, and more than 40 smaller drug stores under the Lewis Family Drug logo within a 200-mile radius of Sioux Falls — largely thanks to its customer service and community involvement.