Who is Winning the Retail Pharmacy Consumer Battle?
CVS Health overtook Walgreens as the most popular drugstore retailer, a new report found. However, there is no saying for sure if CVS will keep this lead.
What Will Rite Aid Need to Do to Recover from Bankruptcy?
Rite Aid filed for Chapter 11 bankruptcy protection on Sunday amid decreasing sales, billions of dollars in debt and more than a thousand lawsuits claiming the chain filled illegal prescriptions for opioids. In order for the company to get back on its feet, experts say it will have to start acting more like its competitors, such as Walgreens and CVS, by leaning more into care delivery, forging strong payer partnerships, and improving its digital offerings.
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Market Trends to Watch for Health Systems and Their Specialty Pharmacies
The future looks bright for the integrated specialty pharmacy model – for health systems, providers, and most importantly, for patients.
Abortion Pill Access in 2023: A Timeline
Mifepristone and misoprostol, two pills that are taken together to terminate a pregnancy, have been approved by the FDA since 2000. But access to these drugs have been in serious jeopardy this year, and a federal judge in Texas recently ruled to suspend the FDA's decadeslong approval of mifepristone. The final outcome for abortion pill access in the U.S. is still unclear among confliction federal rulings — the issue will likely end up in the Supreme Court.
US Sues Rite Aid for Ignoring Glaring ‘Red Flags’ in Opioid Prescriptions
The Department of Justice filed a lawsuit against Rite Aid, accusing the pharmacy chain of filling hundreds of thousands of opioid prescriptions that had “obvious, and often multiple, red flags.” The DOJ claimed that Rite Aid violated the Controlled Substances Act by filling unlawful prescriptions for addictive drugs, as well as the False Claims Act when the chain sought reimbursement from federal healthcare programs for these prescriptions.
Rite Aid appoints digital health vet as CEO of struggling pharmacy chain
Donigan holds little experience in retail, instead serving as a executive at payers like Cigna and Premera Blue Cross and most recently as CEO of Sapphire Digital, a healthcare technology company that helps patients connect to high quality providers.
Rite Aid launches new retail-based telehealth kiosks with InTouch Health
Through the company's line of RediClinic retail clinics, customers will be able to use InTouch Health's virtual care software to connect with clinicians for video visits through available RediClinic Express kiosks.
Reducing Clinical and Staff Burnout with AI Automation
As technology advances, AI-powered tools will increasingly reduce the administrative burdens on healthcare providers.
Here’s how companies like CVS, Amazon and Cigna are taking up the banner to end the opioid crisis
The opioid epidemic has become one of the largest healthcare priorities of the Trump Administration and one of the limited areas in the country's fractured political system where bipartisan support can be found.
Walgreens purchases patient files of 185 Fred’s Pharmacies
The move is a continuation of Fred's attempts to shed parts of its pharmacy business and Walgreen's efforts to expand their business through M&A.
CVS, Cleveland Clinic expand affiliation as pharmacy-health system collaborations catch on
CVS Health and Cleveland Clinic have expanded their eight-year clinical affiliation. But they're not the only ones teaming up — health systems and pharmacies are increasingly finding ways to work together.
Walgreens has nixed the Rite Aid deal and will buy 2,000+ stores instead
The original agreement between Walgreens and Rite Aid is no more. Rather, Walgreens will pay $5.175 billion to purchase 2,186 Rite Aid stores.
Health Executives on Digital Transformation in Healthcare
Hear executives from Quantum Health, Surescripts, EY, Clinical Architecture and Personify Health share their views on digital transformation in healthcare.
HIPAA enforcement trends target pharmacies for privacy failings
Pharmacies have continued to be hit with OCR investigations and massive fines for breaches of protected health information.
5 must-read stories this week: Rite Aid acquires HealthSpot assets and digital health snake oil debate
Every week, we compile the most popular and interesting stories on MedCity News. Among the highlights this week were Rite Aid's acquisition of HealthSpot's assets and a counterargument to a comparison of digital health developers to snake oil salesmen.
Rite Aid picks up bankrupt HealthSpot’s assets for just $1.15M
Monday's auction for the assets and intellectual property of bankrupt telehealth company HealthSpot didn't last long, nor was it "frothy," as the bankruptcy trustee had predicted.
Bidding war develops for assets and IP of bankrupt HealthSpot
With two competing bids received before Wednesday's deadline. the U.S. Bankruptcy Court in Columbus, Ohio, will hold an auction Monday.
Harmonyx to sell genetic tests in Rite Aid stores
Tests are available in all Rite Aid stores other than those in New York state, the pharmacy chain said.