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CVS Caremark elects former J&J CEO to board

BY Antoinette Alexander

WOONSOCKET, R.I. — CVS Caremark elected on March 29 former Johnson & Johnson CEO William Weldon to serve on its board of directors, according to a filing with the Securities and Exchange Commission.

Weldon is the former chairman of the board and CEO of Johnson & Johnson, having served in those positions from 2002 until his retirement as CEO in April 2012 and his retirement from the board in December 2012. Weldon previously served in a variety of senior executive positions during his 41-year career with J&J.

He is also a director of financial services company JPMorgan Chase & Co. Weldon’s experience in managing a global healthcare company and his deep knowledge of the worldwide healthcare market across multiple sectors makes him well suited to serve on the board, CVS Caremark stated in the filing. His background in international business management and operating in the highly-regulated healthcare industry is also greatly valued by the board, the company noted.

 

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Walgreens to expand solar energy initiative in Colorado

BY Alaric DeArment

AURORA, Colo. — A Colorado-based firm will install solar power systems at 22 Walgreens stores in 14 cities in the state over the next few months, under a partnership between the two companies.

Walgreens announced Monday an expansion of its relationship with SolarCity, saying the new power systems would reduce more than 47.5 million pounds of carbon dioxide emissions over the next two decades.

"A strong commitment to the local community is one of our company’s core values," Walgreens director of energy and sustainability Menno Enters said. "SolarCity is helping us contribute to the health of the local communities we operate in by providing us with clean energy as well as contributing to the local economy in Colorado."

Walgreens and SolarCity recently had a ribbon-cutting ceremony to mark the completion of the first in a series of solar installations at a store in Aurora, which Aurora mayor Steve Hogan and Republican Rep. Mike Coffman attended.

"Colorado has been at the forefront of energy conservation," Coffman said. "And I’m happy to see that SolarCity and Walgreens have teamed up to help meet our state’s renewable energy goals."

 


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MinuteClinic bolsters clinical affiliations with new Sharp Healthcare partnership

BY Antoinette Alexander

WOONSOCKET, R.I. and SAN DIEGO — Retail-based clinic operator MinuteClinic, a division of CVS Caremark, and Southern California healthcare system Sharp HealthCare have entered into a clinical affiliation to enhance access to healthcare services throughout San Diego County.

MinuteClinic currently has 10 walk-in medical clinics in San Diego County.

"It was important for us to develop a clinical affiliation with a system like Sharp HealthCare that delivers high-quality services throughout San Diego County and overlaps with our clinic sites, which span from Oceanside to El Cajon," said Andrew Sussman, president of MinuteClinic and SVP/associate chief medical officer for CVS Caremark. "We look forward to working with them to integrate our electronic medical record systems and develop collaborative programs that improve patient outcomes, lower costs and help people on their path to better health."

The clinical affiliation encourages collaboration between Sharp HealthCare and MinuteClinic providers to improve coordination of care for patients seen at these locations. Sharp-affiliated physicians will supervise MinuteClinic nurse practitioners, and if more comprehensive follow-up care is needed, patients can choose to see a Sharp-affiliated physician or another primary care physician. In addition, MinuteClinic and Sharp HealthCare will collaborate on patient education and disease management initiatives and will inform patients of the services each offers.

"Increasing access to care is indeed important, especially in this era of healthcare reform," said Mike Murphy, CEO of Sharp HealthCare. "MinuteClinic plays an important role in providing patients with timely care at an affordable price, and we are pleased to be part of this effort to help deliver the kind of care that patients want."

MinuteClinic and Sharp HealthCare will begin to work toward integrating electronic medical record systems to streamline communication around all aspects of each individual’s care. With patient permission, MinuteClinic will electronically share medical histories and visit summaries with other Sharp HealthCare facilities and physicians. In the meantime, MinuteClinic will continue its standard practice of sending patient visit summaries to primary care providers via fax or mail, typically within 24 hours, with patient consent.

Sharp is San Diego’s largest integrated health system with more than 15,500 employees, 2,600 affiliated physicians, and multiple facilities throughout the county.

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