Why would Walmart launch an insurance education service for the 140 million Americans who shop its stores each week? For one thing, because more than 60% of Americans have a tough time understanding their health insurance plan options, according to research from the Kaiser Family Foundation, and nearly 40% feel that they picked the wrong plan after enrolling.
A new and radically different concept for frontline health care emerged last year when Walmart unveiled its first Walmart Care Clinics in Texas, Georgia and South Carolina. If things go according to plan, patients and health plan payers across the United States can look forward to a cheaper and more affordable alternative to the family doctor for nearly all their primary care needs.
While building a 4,500-store retail pharmacy powerhouse in the United States, Walmart also has kept pace with the specialty pharmacy revolution and is positioning itself to play a stronger role in this most innovative, dynamic and complex area of pharmaceutical R&D and bioengineering.
The National Association of Chain Drug Stores announced during its Annual Meeting, the election of new officers, four new executive committee members and five new board of directors member for the coming year.
“Our health-and-wellness experts are leading the way for the future of health care in our stores and beyond.”
For any retail pharmacy provider, that would be a bold, perhaps even overly confident, assertion. But coming as it does from Walmart, it’s something that both the U.S. healthcare system and Walmart’s competitors are taking seriously.
Created in September 2009 with the merger of Phoenix-based United Drugs and Scottsboro, Ala.-based Associated Pharmacies, AAP remains a member-owned cooperative and buying group offering independent operators the negotiating power of a national pharmacy network “working together like a chain.”
Walgreens forever changed its corporate trajectory with the execution of its “step 2” merger and acquisition of Boots Alliance, creating a truly international retail pharmacy operator with the restructured and rebranded Walgreens Boots Alliance.
In the past year, AmerisourceBergen has introduced a number of initiatives to help their Good Neighbor Pharmacy franchisees not only build out the clinical aspects of their business, but also develop the front ends of the pharmacy business and better connect to the patient.
AB Acquisition LLC — parent company of Albertson's LLC, New Albertson's Inc. and Safeway (collectively Albertsons) — announced on Friday that Bob Miller, the company's current executive chairman, will assume the additional role of CEO, effective immediately.