November 4, 2011

One very quiet bit of news worthy of a bit more attention: MinuteClinic is up to 645 clinics. Clinic revenues were up more than 15% during the quarter, and the company expects MinuteClinic will break even as planned by the end of the year. That's important because the third quarter isn't exactly a big cold-and-flu month, which means that patients are starting to use clinics for more than just sick care. Third quarter is back to school, which suggests the clinics likely were busier doing other things, such as vaccinations and physicals.

November 4, 2011

This month The Drug Store News Group introduced “From the Blogs,” a hot, new content feature on DrugStoreNews.com. Meant to provide an interactive forum for DrugStoreNews.com users, DSN From the Blogs will be anchored by expert blogs written by leading opinion leaders.


November 3, 2011

As part of its broad support for patients with diabetes, and in recognition of American Diabetes Month, CVS Caremark announced on Thursday that it will be hosting live Facebook chats to answer patients' questions about diabetes and chronic condition management.

November 3, 2011

CVS Caremark on Thursday reported solid third-quarter results — 2 cents above the high end of its guidance range — driven in large part by better-than-expected performance in its pharmacy benefit management, which is in the midst of a profit-improvement plan.

November 3, 2011

CVS/pharmacy and Direct Relief USA teamed up to provide free flu vaccinations at a flu shot clinic held Thursday in Dallas at Healing Hands Ministries Medical & Dental Clinic.

October 27, 2011

If employers want to best manage the health and productivity of their employees, they need to continue company-sponsored health plans — that was a key message that Troyen Brennan, EVP and chief medical officer of CVS Caremark, had for attendees at the National Business Group on Health's annual meeting on Thursday.

October 26, 2011

Twenty-four percent of patients given a new medication by their doctor did not fill the prescription, according to a new study by researchers at Harvard University, Brigham and Women's Hospital and CVS Caremark.

October 24, 2011

CVS has named Judy Sansone SVP merchandising and has expanded the roles of chief marketing officer Rob Price and EVP internal operations, real estate and supply chain Scott Baker, the company announced Monday.

October 19, 2011

Concepts in Health on Wednesday reported it successfully has defended its MidNite Sleep Remedy patent from possible infringement by Contract Pharmacal, which had been manufacturing a store-brand version.

October 19, 2011

CVS/pharmacy is holding on Oct. 23 its first annual "2011 Halloween Party and Customer Event" at all 7,200 locations nationwide.

October 18, 2011

Consumers may be concerned about picking up germs, but flu shot misconceptions are standing in the way of many consumers doing all they can to protect themselves and their loved ones, according to a recent CVS/pharmacy survey.

October 17, 2011

CVS/pharmacy announced on Monday that social network connectivity is now available at all CVS/pharmacy photo centers with Kodak picture kiosks.

October 17, 2011

In an effort to reward loyal shoppers, CVS/pharmacy has created a new promotion that allows members of its ExtraCare Rewards program to earn multiple free gift cards by shopping for essentials at more than 7,200 locations nationwide.

October 14, 2011

As annual open enrollment season begins for Medicare Part D prescription drug plans, CVS pharmacists are available to answer questions and provide guidance on how to complete plan comparisons, CVS/pharmacy announced on Friday.

October 14, 2011

Global private equity firm Advent International has announced that Tom Ryan, former chairman and CEO of CVS Caremark, has joined the firm’s Operating Partner Program. In this role, Ryan will advise and work closely with Advent’s investment professionals to identify opportunities and generate post-investment value at retail and healthcare companies globally.

October 13, 2011

CVS Caremark has released the Caremark.com Droid application, which provides Android users with access to the Drug Information Database to learn about various prescription drugs and allows CVS Caremark plan members to log in and manage their prescriptions online.

October 13, 2011

CVS Caremark has partnered with the Hispanic Heritage Foundation to identify, inspire and prepare young Latinos to join healthcare fields through a new healthcare category of the HHF Youth Awards program.

October 11, 2011

About half of people who provide care and support to loved ones said they are more likely to be nonadherent to their own personal medication regimen than to neglect providing medications to those they are caring for, according to a new study.

October 11, 2011

As of Oct. 1, Mark Cosby officially stepped into the role of president of CVS/pharmacy. Cosby’s new stint at 1 CVS Dr. is a far cry from his prior role as president of Macy’s stores. But Cosby’s reputation as an innovator is bound to tie in nicely with the 
Woonsocket, R.I.-based trailblazer.


October 11, 2011

How much adherence lowers total costs, why some patients do not take their medications as prescribed and whether what’s saved in health care offsets higher drug costs are among the questions that have not been as clearly understood.


October 11, 2011

“Dispense-as-written” prescriptions are exacerbating medication nonadherence and costing the U.S. healthcare system up to $7.7 billion annually, according to a study by researchers at Harvard University, Brigham and Women’s Hospital, and CVS Caremark.


October 11, 2011

Private-label penetration at CVS/pharmacy locations is expected to grow to more than 20% in the next two to three years, and to help drive that growth, the retailer has developed its new Just the Basics line of store-brand products.


October 11, 2011

Patients with one or more of four chronic diseases who take their medications as prescribed may save the healthcare system as much as $7,800 per patient annually, according to the findings of a CVS Caremark study analyzing annual pharmacy and medical costs over a three-year period.


October 11, 2011

CVS Caremark’s annual meeting of shareholders in May was of special importance as it marked the official retirement of former chairman and CEO Tom Ryan, who left the growing company in the hands of a strong, capable new leader — Larry Merlo.