January 27, 2012

Within the first week of 2012, Walgreens signed 125,000 patients to its Prescription Savings Club. By the second week, that number had blossomed to 200,000 patients and subsequently exploded to 500,000 new signees by the middle of week No. 4.

January 25, 2012

The Pennsylvania Employees Benefit Trust Fund announced on Tuesday that it has awarded CVS Caremark a three-year contract to provide prescription drug benefits to Commonwealth of Pennsylvania employees, retirees and dependents, beginning July 1.

January 24, 2012

In its battle with Express Scripts, Walgreens is not only seeking to retain that prescription base payer by payer, but also patient by patient, as evidenced by the more than 500,000 customers who have taken advantage of Walgreens' Prescription Savings Club since Jan. 1, according to company officials.

January 20, 2012

As more of Walgreens' store base is transformed into its Wellness Experience format, the less it becomes an underdog in its hardline stance against Express Scripts.

January 20, 2012

Walgreens’ contract with Express Scripts expired, and millions of Walgreens customers covered by ESI were forced to either move their pharmacy business or come up with some other way to stick with Walgreens. Drug Store News interviewed Walgreens president and CEO Greg Wasson on what the company is doing to hold on to those customers and how it is appealing to payers.

January 18, 2012

A wide range of factors and "moving parts" will likely make 2012 a challenging year for pharmacy retailers as the economy, generic drugs and the dispute between Walgreens and Express Scripts figure prominently, analysts say.

January 16, 2012

It couldn't have been choreographed better if Bob Fosse himself had orchestrated Walgreens' annual shareholders' meeting.

January 13, 2012

Walgreens on Thursday took its failed negotiations with Express Scripts to Twitter, paying the social media site to promote the hashtag #ILoveWalgreens and setting off a barrage of tweets by tweeting "It's time to take a stand against @ExpressScripts. Tell them people want a choice by tweeting hashtag #ILoveWalgreens." According to Twitter, Walgreens tweeted 126 times on Thursday.

January 10, 2012

A coalition of consumer groups on Tuesday joined its collective voice to the number of constituents opposing the Express Scripts-Medco merger in a letter to the Federal Trade Commission, according to a report filed by Reuters.

January 9, 2012

CVS Caremark has entered into a definitive agreement to purchase the stand-alone Medicare Part D prescription drug plan business from Health Net for approximately $160 million in cash.

January 9, 2012

After announcing a special discount for Express Scripts members on the annual membership fee for the Walgreens Prescription Savings Club, the drug store chain said its PSC gained nearly 125,000 customers in the first week of the new year.

January 6, 2012

RetireSafe, a 400,000-supporter strong grassroots organization that advocates and educates on behalf of America's seniors on issues regarding Social Security, Medicare, health and financial well-being, on Friday issued a press release urging Express Scripts to return to the negotiating table and come to an agreement with Walgreens.

January 6, 2012

It's been a big week for Walgreens. Following its exit from Express Scripts' pharmacy network, the pharmacy retailer introduced a new program to help patients either keep their pharmacy home at Walgreens or to help transition them to a new pharmacy. Why help transition customers to the competition? Because it's the right thing to do. As Greg Wasson told DSN editor Rob Eder in an exclusive interview, "our No. 1 priority is to take care of patients."

January 5, 2012

Walgreens on Thursday reported an approximate 150 basis-point negative impact on prescriptions filled based on prescription transfers, and other trend analysis of prescriptions managed by Express Scripts, as the chain posted its first monthly earnings statement following the discontinuation of Walgreens' relationship with Express Scripts.

January 3, 2012

This is going to be a big year for retail clinics because this is going to be the year that payers really begin to engage with retail-based care on a meaningful level. 


January 3, 2012

Food and pharmacy retail chains Jewel-Osco and Shop 'n Save, which are owned by Supervalu, announced that they will enhance their pharmacy services in an effort to cater to Express Scripts clients.

January 3, 2012

Walgreens on Friday unveiled a plan to help Express Scripts patients to either continue using Walgreens when possible or to make a smooth transition to another community pharmacy.

December 22, 2011

In the wake of a key Senate subcommittee hearing this month, and on the heels of the collapse of the blockbuster AT&T and T-Mobile merger, four more U.S. lawmakers have joined the growing ranks of consumer groups, members of Congress and employers questioning the proposed mega-merger of pharmacy benefit managers Express Scripts and Medco Health Solutions.

December 21, 2011

As Walgreens girds itself for life outside of the Express Scripts pharmacy network, company executives, over the course of a Wednesday morning first-quarter conference call, continued to maintain that they, along with healthcare payers and employers, will be better off for it.

December 21, 2011

Walgreens on Wednesday again made its case for keeping its more than 8,000 points of care in the Express Scripts pharmacy network: Excluding Walgreens will not afford Express Scripts' customers any cost savings.

December 20, 2011

At its annual Analyst Day in New York on Tuesday, CVS Caremark executives outlined strong growth for 2012 and unveiled several new offerings and initiatives that are expected to help drive profitable long-term growth as it works to reinvent pharmacy and focus on its “integration sweet spots.”

December 16, 2011

Retail pharmacy has long fought for a level playing field when competing with mail order, and that's what N.Y. Gov. Andrew Cuomo handed them last week.

December 14, 2011

The National Association of Chain Drug Stores on Wednesday challenged some of Express Scripts' and Medco's testimony during last week's hearing before the Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights, most notably that PBMs are subject to state regulation in all states and that as a PBM the two companies have no influence on the design of prescription drug benefits.

December 9, 2011

Preserve Community Pharmacy Access Now — a coalition of consumers, businesses and community-based pharmacists banded together for the purpose of opposing the planned merger between Express Scripts and Medco Health Solutions — on Thursday responded to testimony provided by George Paz, Express Scripts CEO, before the Senate Committee on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights hearing held Tuesday.