Target partners with 17 brands to launch ‘Made to Matter’ collection
MINNEAPOLIS —Target has announced the debut of “Made to Matter – Handpicked by Target” — a first-of-its-kind collection that brings together 17 natural, organic and sustainable brands.
“Our guests are looking for products they can feel good bringing home without sacrificing price and performance,” stated Kathee Tesija, EVP, merchandising and supply chain, Target. “We’re taking the guesswork out of buying better-for-you products by bringing together 17 trusted brands.”
First introduced in Target stores at the end of March, new Made to Matter products will be added throughout spring and summer, with the complete collection available by September.
Spanning Target’s baby, beauty and personal care, grocery, healthcare and household product categories, Made to Matter brands include Annie’s Homegrown, Burt’s Bees, Chobani, Clif Bar & Co., Ella’s Kitchen, EVOL, Horizon Organic, Hyland’s, Kashi, Method, Plum Organics, Seventh Generation, SheaMoisture, Target’s Simply Balanced, Vita Coco, Yes To and Zarbee’s Naturals. The Made to Matter collection includes all products currently offered at Target by the participating brands and at least one new exclusive item from each brand.
There will be more than 120 new and limited-time exclusive Made to Matter products. They range from first-to-market product designs and innovations to new scent and flavor options. Products will be available throughout the store, both in the products’ usual aisles and as part of specialized collection displays. Select products also will be available on Target.com and Target’s mobile app.
Study commissioned by CVS Caremark examines reducing specialty drug spend
WOONSOCKET, R.I. — As the cost for specialty medications continues to rise, implementing an effective "channel transition" approach — the process of moving prescriptions from the medical benefit to the pharmacy benefit — can produce significant savings for healthcare payers by improving management of these complex and costly drugs, according to a new report commissioned by CVS Caremark.
"With the continued rise in utilization and spend related to specialty medications, health care payers have a tremendous opportunity to reduce costs and improve care through a variety of approaches," stated Alan Lotvin, EVP specialty pharmacy for CVS Caremark. "Transitioning specialty medications from the medical benefit to the pharmacy benefit, as well as offering patients more convenient options by addressing where infusion care is administered, can produce significant savings. We are focused on finding ways to better manage the rising costs related to these complex and expensive drugs, while ensuring patients continue to receive high-quality care."
The new Milliman report finds the transition from the medical to the pharmacy benefit can save payers an average of 19% across 14 classes of self- or provider-administered injectable specialty drugs for the treatment of conditions such as multiple sclerosis and autoimmune disorders. By moving coverage to the pharmacy benefit, payers are able to implement more effective management tools such as formulary design, utilization management, and preferred or exclusive networks. According to the report, more than half (53%) of specialty medication spending currently occurs under the medical benefit.
Compared with the average patient, specialty patients are more likely to have multiple diagnoses, see more specialists, fill more prescriptions and have more lab tests, ER visits and hospitalizations, resulting in overall health care costs as much as 8.5 times higher than non-specialty patients.
It is estimated that specialty pharmacy spend is expected to rise from $92 billion in 2012 to $235 billion by 2018.
"CVS Caremark provides an end-to-end pharmacy management and delivery solution for specialty pharmacy patients that helps them better manage their medications and their disease throughout their journey," stated Jon Roberts, president, CVS Caremark PBM business. "Our suite of programs focuses on managing cost, quality and access for specialty conditions through a range of unique specialty pharmacy services."
According to CVS Caremark, its suite of specialty pharmacy services includes:
- Industry-leading experience and proven outcomes related to managing across the medical and pharmacy benefit;
- Team of specialized pharmacists, nurses and dieticians who manage the whole patient and support them throughout the progression of their disease to help control overall health care costs; and
- Unmatched, convenient access to specialty drugs, patient counseling and the appropriate site of care, combined with consistent clinical quality, improves the patient experience and adherence to their plan of care.
The study was based on 2012 claims data for a commercially insured population as reported in Milliman’s Consolidated Health Cost Guidelines database. The study included plans with a variety of commercial plan designs (e.g., PPO, HMO and POS).
Click here to access the full Milliman report.
Nuzee releases new coffee pods
SAN DIEGO — Nuzee, a consumers products company, announced the introduction of Coffee Blenders, a line of K-Cup compatible coffees. The product is available in three varieties: Lean, Focus and Escape.
Lean includes 400 mg of Svetol, a green coffee bean extract that can help with weight loss, the company said. Focus helps to boost cognitive function with the addition of 200 mg of Cereboost, a derivative from American Ginseng. Escape contains L-Tea Active, an amino acid found in green tea leaves that is clinically proven to reduce minor or occasional stress, minus the drowsiness.
"The Coffee Blenders line of coffee pods is expected to change the way people drink coffee," said Craig Hagopian, president and CEO of Nuzee. "By incorporating high-quality, clinically proven nutraceutical ingredients, consumers do not have to spend extra money on supplements or worry about forgetting to take them. With full servings of functional ingredients in every K-Cup, Coffee Blenders offers a convenient, cost-effective way to improve your health, all within your daily coffee routine, without sacrificing a great coffee taste."
All three varieties in the Coffee Blenders line are now available on CoffeeBlenders.com and Amazon. The product also will be available in select retailers later in the year. The company said it plans to introduce more varieties to the Coffee Blenders line in the second half of the year.