Costco Pharmacy & Business News

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Costco’s mantra: Pharmacist participation, rapid results

How does a big-box warehouse club operator generate awareness of its health services when its pharmacies are dwarfed by a vast array of electronics, case-pack groceries, apparel and general merchandise? Work with what you’ve got by tapping into the massive stream of customer traffic flooding the stores, and by highlighting your health-and-wellness offerings through pharmacist-provided counseling, preventive-health services and free health screening events.

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Drug Channels ranks pharmacies on 2015 total prescription revenues

Drug Channels on Thursday released its latest ranking of pharmacies based on total prescription revenues, with Walgreens Boots Alliance the largest of retail pharmacies, followed by CVS Health and Walmart. "We estimate that total revenues of retail, mail and specialty pharmacies reached $364.1 billion in 2015, up 12.1% from 2014," wrote Adam Fein, CEO Drug Channels Institute. "The top tier of dispensing pharmacies ... accounted for about 64% of U.S. prescription dispensing revenues in 2015." (Drug Channels)