PHARMACY

The Bristol-Myers Squibb Foundation kicks off Together on Diabetes initiative

BY Allison Cerra

NEW YORK A drug maker’s philanthropic arm announced its commitment to fight Type 2 diabetes in the United States.

The Bristol-Myers Squibb Foundation’s newest project, Together on Diabetes: Communities Uniting to Meet America’s Diabetes Challenge, is a five-year, $100 million initiative to help patients living with Type 2 diabetes better manage their disease beyond the doors of their doctors’ offices. It is the foundation’s first large-scale diabetes initiative, which will work with a variety of community-based, regional and national partners to develop and expand effective patient self-management programs, and broadly engage affected communities in the fight against Type 2 diabetes.

“Type 2 diabetes is one of the United States’ greatest health challenges and disproportionately affects the poor, minorities and the elderly, many of whom are not receiving the care and support they need to improve their glycemic control,” said Lamberto Andreotti, Bristol-Myers Squibb CEO. “Together on Diabetes will draw on the strengths of communities and support public- and private-sector partners coming together to identify and implement disease management approaches that work for large segments of the population.”

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PHARMACY

Omicare splits business into long-term care, specialty care groups

BY Alaric DeArment

COVINGTON, Ky. A company that provides pharmaceutical care for the elderly is splitting its pharmacy services business into two divisions, hoping to make its services more effective and focused on customers.

 

Omnicare announced Wednesday the reorganization of its business into a long-term care group and a specialty care group. “This reorganization is part of our efforts to become a stronger operating company,” interim president and CEO James Shelton said. “We believe these structural changes will allow us to improve the customer experience and maximize growth opportunities through better coordination across the organization.”

 

 

The company’s specialty care group will comprise its specialty pharmacy and specialty pharmaceutical service businesses, hospice pharmacy, pharmaceutical case management and others. Nitin Sahney, who has headed Omnicare’s RxCrossroads business and previously managed a healthcare investment fund, will lead the group as president.

 

 

Omnicare SVP pharmacy operations Jeffrey Stamps will lead the long-term care business as EVP and president of long-term care operations.

 

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PHARMACY

Rite Aid positions itself to assist seniors with Part D open enrollment

BY Michael Johnsen

CAMP HILL, Pa. Rite Aid on Wednesday announced its pharmacists have been prepared to assist seniors during the 2011 Medicare Part D open enrollment period. With the first of the baby boomers officially turning 65 years old in 2011, more seniors are expected to hit drug stores looking for information about Part D options and open enrollment.

 

Open enrollment begins on Nov. 15.

 

 

Patients who are new to the Medicare Part D benefit, as well as those currently enrolled in a plan who are reviewing their selection to make sure it’s the best plan for them, can receive counseling from any Rite Aid pharmacist. Patients also can receive a personalized printed report featuring the three lowest-cost plans based on their current prescriptions filled at Rite Aid locations.

 

 

Medicare enrollees have until Dec. 31 to review their current plan or enroll in a new plan. Those eligible for the Medicare Part D benefit include people older than 65 years and those with disabilities.

 

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