GPhA announces executive committee, board of directors
ORLANDO, Fla. — The Generic Pharmaceutical Association has elected its 2011 executive committee and board of directors, the generic drug industry trade group announced. As part of a reorganization last year, the board has been reduced to 12 members.
The GPhA said Watson Pharmaceuticals president and CEO Paul Bisaro had been reelected as chairman for a second, one-year term. Also elected were Mylan Pharmaceuticals president Tony Mauro, as vice chairman; and Momenta Pharmaceuticals president Craig Wheeler, as secretary treasurer.
Other members of the board of directors are Teva Pharmaceuticals USA SVP government affairs Debra Barrett; Actavis president and CEO Doug Boothe; Ranbaxy VP corporate communications and government affairs Chuck Caprariello; Sandoz president and CEO Don DeGolyer; Fougera SVP and general manager David Klaum; Par Pharmaceutical president and CEO Patrick LePore; Ben Venue Labs president and CEO Tom Murphy; Zydus Pharmaceuticals USA president and CEO Joseph Renner; APP Pharmaceuticals president and CEO Tom Silberg.
The GPhA’s executive committee is comprised of Bisaro, Mauro, Wheeler, Barrett, Boothe, DeGolyer and Klaum.
“We enter 2011 as a stronger organization, with renewed vigor, a sharper focus and an appreciation of the power that a single, unified voice can have,” Bisaro said. “Equally as important, we start 2011 with the resources — financial, intellectual and structural — to get the job done.”
Kmart emphasizes flu shots at its pharmacies
HOFFMAN ESTATES, Ill. — Kmart on Monday implemented a discounted offer on flu shots to those who have not yet been vaccinated.
Kmart said it is offering customers $15 flu shots, while supplies last, and also will offer 15,000 points (a $15 value) to members of its Shop Your Way Rewards loyalty program, when a vaccination is purchased.
The flu shots are available at more than 500 Kmart Pharmacy locations and are administered by trained practitioners.
"As Kmart Pharmacy gears up to provide customers with additional influenza immunizations, we want to remind people that the virus is easily transferable, and the best and easiest way to prevent the flu is by getting an annual vaccination," said Robb Ayshford, divisional VP pharmacy administration for Kmart. "For those seeking more information about influenza, our staff of knowledgeable on-site Kmart pharmacists is also available to answer flu or other health-related questions on how to help combat illness as the season progresses."
To learn more about hours of operation or to find the nearest location, call 1-800-822-8345 or visit Kmart.com/pharmacy.
CVS flexes healthcare muscles
WHAT IT MEANS AND WHY IT’S IMPORTANT — The news that CVS Caremark’s Pharmacy Advisor program has been recognized by the Pharmacy Benefit Management Institute is yet one more illustration of how the company has positioned itself along the front lines to leverage its various points of care to improve outcomes and lower healthcare costs.
(THE NEWS: CVS Caremark saluted for Pharmacy Advisor program. For the full story, click here)
The program integrates the benefits of the PBM and the retail pharmacy to identify and counsel members about gaps in care and adherence issues. Member outreach includes educational information, pharmacist-initiated phone calls or face-to-face counseling with a pharmacist at a local CVS/pharmacy.
Identifying gaps in care and improving medication adherence clearly has been a significant focus for the company, and understandably so when looking at the stats: Nonadherence to medications costs the healthcare system up to $290 billion a year because many of the hospitalizations can be avoided if people take prescriptions as doctors direct.
Furthermore, the findings of a CVS Caremark study issued earlier this year found that patients with one or more of four chronic diseases who take medications as doctors direct may save the healthcare system as much as $7,800 per patient annually. The study findings revealed robust reductions in ER visits and in-patient hospital days from medication adherence, and by avoiding those costly events, there were substantial savings in overall health care costs.
Through such initiatives as its Pharmacy Advisor program, CVS Caremark continues to demonstrate the important role that retail pharmacy plays in U.S. health care.