Retail clinics have been successful in reducing emergency room visits for minor and preventable conditions, Becker's Hospital Review reported Monday, citing a new working paper published by the National Bureau of Economic Research. According to the report, patients in New Jesrsey were 4.1% less likely to visit an emergency room for diabetes complications and 12.3% less likely to visit the ER for severe flu symptoms if they lived within two miles of an urgent care clinic. "If people across New Jersey lived within two miles of a retail clinic, it could generate more than $70 million in ER savings," Becker's reported. (Becker's Hospital Review)
CVS Health president and CEO Larry Merlo made the announcement alongside Rhode Island Gov. Gina Raimondo at the 2017 National Governor’s Association Summer Meeting, where Merlo has been touting the company’s approach to providing accessible and effective care.
Jean Coutu founder Jean Coutu spoke out regarding negotiations with Quebec around dispensing fees, according to a report published last week by Canada's Bell Media. Jean Coutu earlier this year agreed to surrender $300 million in collected dispensing fees in return for smaller manufacturer rebates that cut into pharmacy operating margins. "It is an average of $100,000 for each of our locations," Coutu told shareholders BellMedia reported. "It was extremely difficult to digest." (Bell Media)
DSN contributing editor Ed Rowland takes a look at where OTC brand owners stand in the global market — from M&A to wholesalers pulling double duty globally as retailers and the potential impact of online companies.
Deloitte’s 2017 back-to-school survey recommends that retailers make an effort to target the “undecided” back-to-school shopper — that is, shoppers who don’t know whether they will shop online or in-store.
In an effort to uncover new VR applications — and innovative ways to apply the technology to commerce — Walmart’s Store No. 8 is partnering with Thrive Global and Accenture to create a nationwide competition for developers.