Costco has reached a deal with the U.S. Department of Justice to pay $11.75 million to resolve federal allegations that the warehouse club’s pharmacies violated the Controlled Substances Act by filling prescriptions they probably shouldn’t have. [More]
Most chain pharmacies want you to feel safe ordering from them, and so their ads tout the skill, expertise, and personal touch of their tools and personnel. They promise available pharmacists who have computers who alert them to danger, and who can then tell you things like, “Hey, you shouldn’t take these together; it will kill you” if there’s a problem. [More]
In an effort to bring awareness to discrimination in gender pricing — for example, charging a so-called “pink tax” on feminine hygiene products — one New York pharmacy has a new rule: male customers have to pay a 7% tax on items for men. [More]
When Target reported its last batch of quarterly results, CEO Brian Cornell noted that visits to its in-store pharmacies were down after the conversion of those pharmacies to mini CVS stores. Readers explained to us why they left, and a popular reason was that CVS ditched Target’s easy-to-use red prescription bottles. Some customers held on to hope that CVS would deploy the bottles across its whole chain now that it owns the patent. Now we know the answer: nope. [More]
Following reports on the skyrocketing cost of the EpiPen emergency allergy treatment, drugmaker Mylan has been heavily criticized for putting profit over patients. Even the recent expansion of its savings card program has been slammed as being more beneficial to Mylan than it is for consumers. Now, the nation’s largest group of pediatricians are calling on the company to rethink its pricing of the drug. [More]
Walgreens and Rite Aid are the biggest and third-biggest pharmacy drugstore in this country, and they want to join forces to become a pharma-Voltron. The companies are waiting for regulatory approval, but the CEO of Walgreens Boots Alliance told shareholders today that the deal will probably go through by the end of 2016, and that it will result in the closing of only about 500 stores. [More]
Who sees your prescription information? No, there are more people involved than just the pharmacists and technicians at your local drugstore and your doctor and his or her employees. Information about your medications can also end up with data miners, insurance companies other than your health insurer, and companies that your pharmacy does business with. [More]
Walgreens’ path to bring Ride Aid under its wing passed one hurdle on Thursday, as shareholders for the latter chain of drug stores approved a $9.4 billion merger plan. [More]
A federal jury in New Hampshire has slapped the nation’s largest retailer with more than $31 million in penalties for unlawful retaliation and gender bias against a former pharmacist who blew the whistle on safety concerns involving her co-workers. [More]
In-store beacons are low-power Bluetooth devices that let stores or brands push promotions out to customers smartphones. They only work when the shopper has opted in by installing an app. Do you really want your favorite shampoo brand beaming coupons at you every time you walk by a shelf? They haven’t really caught on, but Rite Aid is deploying them in 4,500 stores. [More]
Walgreens Boots Alliance — the holding company that owns Walgreen Co. and Boots pharmacies in Europe — is reportedly looking to expand its portfolio of drug stores by adding Rite Aid into the mix.
If you’re planning on heading over to Walgreens to refill a prescription, it might take a bit longer than usual: amid an ongoing outage of the drugstore chain’s pharmacy computer database that’s been going on since Tuesday morning, pharmacists have been forced to fill prescriptions by hand. Just like in ye olde days of yore.
Today marks the one-year anniversary of CVS removing tobacco products from its pharmacies. How’s that working out for them? The company reports that sales of non-drug items were down slightly in the last year, but tobacco isn’t a very profitable item. Parent company CVS Health is celebrating the anniversary with a study that it says shows that its decision decreased total cigarette sales nationwide. [More]
In most of the country, pharmacies can offer rewards points, coupons, or other inducements to get you to switch prescriptions to them. Not only is this illegal in certain states, it’s also illegal to offer these incentives to customers with health insurance through Medicaid. Kmart has settled allegations from a whistleblower that it did exactly that for customers with Medicaid, and accepted co-pay coupons for brand-name drugs for them. [More]
Maybe this has happened to you: you’re at the pharmacy, picking up a refill of a prescription that you or a family member have been taking for a long time. It’s a routine errand until you get sticker shock: the copay has suddenly shot up. You didn’t change insurance, it’s still the same year, and the drug is the same: how can a price change so dramatically so quickly? [More]
If you’re a Target shopper who picks up your prescription refills at the same time you get your groceries, towels, toilet paper, and whatever else you buy at the big-box retailer, your Target’s in-store pharmacy could soon be run by CVS. [More]