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July 15, 2013

Loblaw and Shoppers Drug Mart announced on Monday a definitive agreement under which Loblaw will acquire Shoppers Drug Mart for C$12.4 billion in cash and stock.

July 15, 2013

Supermarket chain Wegmans took the time last week to issue a clarification following local news reports: It would not be ending healthcare benefits for its part-time employees. A story in the Buffalo News had a headline, "Wegmans cuts health benefits for part-time workers," that had been misconstrued.

It's no secret why Wegmans — which operates 81 stores in New York, New Jersey, Pennsylvania, Virginia, Maryland and Massachusetts — is included in Fortune magazine's list of the "100 Best Companies to Work For."

July 15, 2013

Everyone loves a dark horse — the come-from-behind winner that no one expects. We cheer for them, marvel at their tenacity, and hope for their victory over stronger, better-known competitors. "But why do dark horses win?" asks Mack Elevation Forum founder, Dan Mack.

July 12, 2013

A developer of revenue and payment cycle management and clinical information exchange software is expanding its payment network.

July 12, 2013

The National Community Pharmacists Association announced the introduction of a resource kit — Take Charge of Rx Benefits in Your Community — to help preempt anti-patient drug benefit designs, such as those that require the use of mail-order facilities for prescription drugs.

July 12, 2013

Whole generations of Americans have no memory of a time when doctors routinely made house calls. But with the rapid acceleration of telehealth and telepharmacy technologies — and their increasing use by physicians and pharmacy providers — the virtual house call is bringing remotely delivered health services to thousands of patients where they live, work and shop.

July 12, 2013

Stephen LaFrance, former owner of USA Drug, passed away unexpectedly last month. LaFrance was 71.

July 12, 2013

Wegmans is not ending healthcare benefits for its part-time employees, the supermarket operator announced Thursday in response to a misconstrued headline in the Buffalo News.

July 11, 2013

Actavis and Warner Chilcott announced that they have each received a request for additional information from the Federal Trade Commission in connection with Actavis' pending acquisition of Warner Chilcott.

July 10, 2013

Efficient Collaborative Retail Marketing announced that BV Investment Partners has become ECRM’s majority shareholder, effective immediately. Greg Farrar was named ECRM's CEO.

July 10, 2013

CVS Caremark has partnered with Business and Professional Women’s Foundation’s Joining Forces Mentoring Plus program to support women veterans and military/veteran spouses as they navigate the civilian workplace.

July 10, 2013

McKesson ideaShare 2013 concluded with a bang, as healthcare and policy experts discussed the implementation of healthcare reform and the impact it will have on community pharmacy during a special Public Policy Forum session held on June 29, the final day of the conference.

July 10, 2013

Walgreens and the Blue Cross and Blue Shield Association launched a national campaign to educate consumers about the new healthcare reform law and provide them with key information on how to access coverage and understand other changes they may experience as a result of the Patient Protection and Affordable Care Act.

July 9, 2013

Game mechanics — including points, badges and leader boards — may be a key to controlling rising healthcare costs, executives leading a recently completed pilot program by Blue Cross and Blue Shield of Minnesota reported on Tuesday.

July 9, 2013

The U.S. healthcare system has saved $25.5 billion over seven years from generic drugs launched under patent settlements between branded and generic drug manufacturers, according to a new study.

July 9, 2013

Prestige Brands Holdings announced its acquisition of Care Pharmaceuticals of Bondi Junction, New South Wales, Australia, a privately held marketer and distributor of over-the-counter healthcare brands for children and adults.

July 9, 2013

Sylk USA introduced its new Sylk personal lubricant, a water-based lubricant made from New Zealand kiwi vine extract.

July 8, 2013

Medical products manufacturer Becton, Dickinson and Co. has appointed Christopher Reidy as its CFO, the company, more commonly known as BD, said Monday.

July 8, 2013

Of the 195,000 jobs created last month, 37,000 were in retail, according to the latest numbers form the Department of Labor.

July 8, 2013

Northeast Pharmacy Services Corporation has signed up the approximately 250 independent community pharmacies that it serves in New England in the National Community Pharmacists Association effective July 1, 2013, the groups announced.

July 3, 2013

The Obama administration's delay in implementing a key healthcare provision in 2014 only serves to add confusion around the overall package, especially as individuals will still be required to buy health insurance or pay a penalty, Mac Crawford, Crawford Ross partner and former CVS Caremark chairman, told Benzinga.

July 3, 2013

The Obama administration announced a one-year delay on a health reform mandate that mid-size and larger employers provide health coverage or pay a penalty to 2015.

July 1, 2013

CVS Caremark has released the “2013 State of States: Adherence Report,” which reviews how patients in all 50 states are, or are not, taking their medications as directed by their doctors.

This is important as medication nonadherence continues to be a significant issue within the U.S. healthcare system. To be more specific, medication nonadherence in the U.S. accounts for up to $290 billion in excess healthcare costs annually. Yes, billion.

July 1, 2013

Though Walgreens reported an earnings gain of 85 cents per share, that fell short of Wall Street expectations of 91 cents per share. Subsequently, Walgreens' stock dropped from $48.05 before the earnings release to $44.17 at week's end.

But that's a story for day traders. Outside of the numbers, Walgreens outlined a three-point plan to boost front-end performance going forward. Meanwhile, several industry trends across pharmacy is helping to drive business higher behind the bench. So what happens if Walgreens not only continues its earnings growth trajectory, but actually beat Wall Street expectations next time?

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