Health reform ‘czar’ Nancy-Ann DeParle to be NACDS-PAC breakfast keynote speaker at Annual
ARLINGTON, Va. — The National Association of Chain Drug Stores has announced that Nancy-Ann DeParle, former deputy chief of staff for policy for President Barack Obama, will be the keynote speaker at the NACDS Chain Members and Political Action Committee (NACDS-PAC) breakfast, which will be held on April 22 during the NACDS Annual Meeting in Palm Beach, Fla.
DeParle served as President Obama’s deputy chief of staff for policy and as one of his most senior advisers. From 2009 to 2011, she served as counselor to the president and director of the White House Office of Health Reform, where she led the efforts on healthcare reform, including helping to write and pass the Patient Protection and Affordable Care Act.
During her remarks at the NACDS Annual Meeting, DeParle will discuss the long-term effects of the Affordable Care Act with an insider’s view of how it came to be and what implementation will likely look like. She also will discuss healthcare trends in Medicare and healthcare delivery reform.
“Known as the health reform ‘czar,’ we are delighted that NACDS members will have an opportunity to hear from leading healthcare expert Nancy-Ann DeParle about the inner-workings of health policy during the healthcare reform debate,” stated NACDS president and CEO Steve Anderson. “Her remarks will be quite timely given the current implementation of key provisions of the Affordable Care Act that will impact community pharmacy and patients.”
In 2011, DeParle was promoted to assistant to the president and deputy chief of staff. In that role, she oversaw the development and implementation of all policy and regulatory matters for the White House, including energy, environment, education, manufacturing and economic policy. Since leaving the White House, DeParle is a lecturer in law at Harvard Law School and a guest scholar in economic studies at the Brookings Institution.
Prior to her service in the Obama Administration, DeParle worked in the White House budget office under President Bill Clinton. She also served as the associate director for health and personnel at the Office of Management and Budget, handled budgets for federal healthcare programs and took on the task of managing Medicare and Medicaid as the administrator of the Centers for Medicare and Medicaid Services.
Costco sees sales, profits rise in second quarter
ISSAQUAH, Wash. — Costco Wholesale increased sales by 8% to $24.34 billion in the second quarter of 2013, the club retailer said Tuesday.
Sales for the first half of the fiscal year were $47.55 billion, a 9% increase over the first half of fiscal year 2012. The company’s U.S. business had same-store sales of 5% for the quarter and 6% for the first half of the year, while profits were $547 million, compared with $394 million last year. Profits for the first half of the year were $963 million, compared with $714 million last year.
The results met or exceeded Wall Street analysts’ expectations, though Guggenheim Partners analyst John Heinbockel gave the company’s stock a "neutral" rating due to an anticipated profit slowdown in the second half of fiscal year 2013.
The company operates 622 stores, including 448 in the United States. Globally, the company plans to open 14 new stores this year and spend $2 billion on capital expenditures.
One-in-three consumers shop mostly online
While retail stores remain the top shopping destination, nearly one-third of consumers (29%) report they do most shopping online, according to a recent online survey of more than 600 AccentHealth viewers. Sixty-nine percent of consumers still identify with the in-store shopping experience.
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Source: AccentHealth. To view the demographic breakdown of participants, click here.