The Promise and Limits of Digital Pharmacies

Drug Channels

Does pharmacy need to be disrupted? Venture capitalists clearly think so, judging by the billions they have put behind technology-enabled digital pharmacies. These companies have not gained significant pharmacy industry market share, but their revenue growth rates are impressive.

Pharmacy Economics Rebound (A Little) Amid Glimmers of Good News

Drug Channels

Time to update Drug Channels' exclusive look at independent pharmacy owners’ business economics. Our analysis reveals that despite what you may have heard, many independent pharmacies have figured out how to survive a highly challenging environment.

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FIP Calls for a focus on Pharmacy Remuneration

Pharma Mirror

The Hague – “A common concern among pharmacy associations worldwide is the long-term financial viability of professional services delivered by pharmacists. The post FIP Calls for a focus on Pharmacy Remuneration appeared first on Pharma Mirror Magazine.

Available for Preorder: The 2021 Economic Report on U.S. Pharmacies and Pharmacy Benefit Managers

Drug Channels

Pharmacies and Pharmacy Benefit Managers. Benefit Design Channel Management PBMs Pharmacy Pharmacy Economics Specialty DrugsOn March 16, 2021, Drug Channels Institute will release The 2021 Economic Report on U.S.

EPIC Pharmacies Announces CEO Departure Effective March

BioTech 365

EPIC Pharmacies Announces CEO Departure Effective March EPIC Pharmacies Announces CEO Departure Effective March RICHMOND, Va.–(BUSINESS –(BUSINESS WIRE)–After more than six years of service, Jay Romero will step down in his role as CEO of EPIC Pharmacies, Inc.,

FIP publishes Position Statement on emerging technologies and pharmacy practice

Pharma Mirror

How pharmacists and pharmacy organisations can rise to the challenge of these technologies and embrace them is set out in a new Position Statement on emerging technologies and pharmacy practice released by the International Pharmaceutical Federation (FIP) today.

Walmart and Sam’s Club Pharmacies Administer COVID-19 Vaccines Through Federal Retail Pharmacy Program

BioTech 365

Walmart and Sam’s Club Pharmacies Administer COVID-19 Vaccines Through Federal Retail Pharmacy Program Walmart and Sam’s Club Pharmacies Administer COVID-19 Vaccines Through Federal Retail Pharmacy Program Walmart is a federal retail pharmacy partner in 22 states BENTONVILLE, Ark.–(BUSINESS

COVID?19 Vaccination Appointments Available at 730 Florida Publix Pharmacies

BioTech 365

19 Vaccination Appointments Available at 730 Florida Publix Pharmacies COVID?19 19 Vaccination Appointments Available at 730 Florida Publix Pharmacies Distribution expands to include 136 stores in Broward and Miami-Dade counties LAKELAND, Fla.,–(BUSINESS COVID?19

Rite Aid Statement on Federal Retail Pharmacy Program Involvement

BioTech 365

Rite Aid Statement on Federal Retail Pharmacy Program Involvement Rite Aid Statement on Federal Retail Pharmacy Program Involvement CAMP HILL, Pa.–(BUSINESS

Healthwarehouse.com Comments on Amazon Pharmacy Announcement

BioTech 365

Healthwarehouse.com Comments on Amazon Pharmacy Announcement Healthwarehouse.com Comments on Amazon Pharmacy Announcement FLORENCE, Ky.–(BUSINESS

Walmart and Sam’s Club Pharmacies Are Ready to Administer Through the Federal Retail Pharmacy Program

BioTech 365

Walmart and Sam’s Club Pharmacies Are Ready to Administer Through the Federal Retail Pharmacy Program Walmart and Sam’s Club Pharmacies Are Ready to Administer Through the Federal Retail Pharmacy Program BENTONVILLE, Ark.–(BUSINESS –(BUSINESS WIRE)–Walmart’s Vice President of Health and Wellness Operations, … Continue reading → Business Wire

Cloudbreak Health And MedQuest Join Forces to Simplify Pharmacy Access via Telemedicine

BioTech 365

COVID-19 Vaccination Distribution Expands to 42 South Carolina Publix Pharmacies

BioTech 365

COVID-19 Vaccination Distribution Expands to 42 South Carolina Publix Pharmacies COVID-19 Vaccination Distribution Expands to 42 South Carolina Publix Pharmacies LAKELAND, Fla.–(BUSINESS

COVID-19 Vaccine Appointments to Open at 593 Florida Publix Pharmacies

BioTech 365

COVID-19 Vaccine Appointments to Open at 593 Florida Publix Pharmacies COVID-19 Vaccine Appointments to Open at 593 Florida Publix Pharmacies LAKELAND, Fla.–(BUSINESS

How GoodRx Profits from Our Broken Pharmacy Pricing System (rerun)

Drug Channels

But you will also wonder whether this business perpetuates a broken pharmacy drug pricing model. Benefit Design Costs/Reimbursement PBMs Pharmacy Pharmacy Economics

Amber Specialty Pharmacy Named 2020 Specialty Pharmacy of the Year by the National Association of Specialty Pharmacy

BioTech 365

–(BUSINESS WIRE)–Amber Specialty Pharmacy – a subsidiary of Hy-Vee, Inc. – has been named 2020 Specialty Pharmacy of the Year by the National Association of Specialty Pharmacy (NASP). OMAHA, Neb.–(BUSINESS

New Florida Guidelines Expand COVID‑19 Vaccination Eligibility at Publix Pharmacies

BioTech 365

19 Vaccination Eligibility at Publix Pharmacies New Florida Guidelines Expand COVID?19 19 Vaccination Eligibility at Publix Pharmacies Certain individuals will be required to show documentation prior to receiving vaccination LAKELAND, Fla.–(BUSINESS

Canadian International Pharmacy Association Supports Key Findings of National Survey Conducted by Alliance for Safe Online Pharmacies

BioTech 365

Publix Pharmacies to Offer Doses of the COVID‑19 Vaccine at 58 South Carolina Stores

BioTech 365

Publix Pharmacies to Offer Doses of the COVID?19 19 Vaccine at 58 South Carolina Stores Publix Pharmacies to Offer Doses of the COVID?19 19 Vaccine at 58 South Carolina Stores LAKELAND, Fla.–(BUSINESS

Verify Online Pharmacies if Going International with PharmacyChecker Alternative to NABP’s Program

Pharmacy Checkers

PharmacyChecker has proudly announced a new online pharmacy verification tool to make it easier for consumers to determine if a website is safe and accredited through the PharmacyChecker Verification Program. This verification portal can benefit patients, health care providers and caregivers considering lower-cost retail pharmacy options in Canada and other countries. Pharmacy Program” is to help consumers find “legitimate” online pharmacies, which are ones that have registered a “.pharmacy”

EPIC Pharmacy Network Names Bretta Grinsteinner Vice President of Network Development

BioTech 365

EPIC Pharmacy Network Names Bretta Grinsteinner Vice President of Network Development EPIC Pharmacy Network Names Bretta Grinsteinner Vice President of Network Development RICHMOND, Va.–(BUSINESS –(BUSINESS WIRE)–EPIC Pharmacy Network, Inc.

With Vaccines in More Drugstores, Pharmacies Go on Hiring Sprees

NY Times

Pharmacies are dangling five-figure signing bonuses and competing against one another to quickly recruit pharmacists and support staff.

Amazon Pharmacy launches in India

The Pharma Data

Amazon has entered the pharmaceutical market by launching ‘Amazon Pharmacy’ in India. . The Amazon Pharmacy offers prescription and over the counter drugs as well as basic health devices. . In January of this year, it trademarked ‘Amazon Pharmacy’ in the UK, Australia and Canada. .

GenRx Pharmacy Issues Data Security Incident Notice

BioTech 365

GenRx Pharmacy Issues Data Security Incident Notice GenRx Pharmacy Issues Data Security Incident Notice SCOTTSDALE, Ariz.–(BUSINESS –(BUSINESS WIRE)–GenRx Pharmacy (“GenRx”), which is headquartered in Scottsdale, AZ, is notifying individuals of a data security incident. The incident could potentially impact the security … Continue reading → Business Wire

Amazon’s Pharmacy Doesn’t Break Big Pharma’s Hold of America’s Neck

Pharmacy Checkers

Forgetting about the potential dangers to competition from corporate Leviathan Amazon, that it launched a new online pharmacy this week will certainly appeal to tens of millions of Americans. See: The Walgreens UK Pharmacy Connection and Importation.

Pharmacy Times® Expands Its Strategic Alliance Partnership Program With the Addition of Yale Cancer Center

BioTech 365

Pharmacy Times® Expands Its Strategic Alliance Partnership Program With the Addition of Yale Cancer Center Pharmacy Times® Expands Its Strategic Alliance Partnership Program With the Addition of Yale Cancer Center CRANBURY, N.J.–(BUSINESS

How GoodRx Profits from Our Broken Pharmacy Pricing System

Drug Channels

But you will also wonder whether this business perpetuates a broken pharmacy drug pricing model. Benefit Design Costs/Reimbursement PBMs Pharmacy Pharmacy EconomicsOn Friday, GoodRx filed its Form S-1 in preparation for going public. Link below.

Disruption Delayed: Making Sense of Amazon’s Latest Pharmacy Moves

Drug Channels

Amazon is getting more serious about pharmacy. ICYMI: Introducing Amazon Pharmacy: Prescription Medications Delivered. At the same time, Amazon is launching a mail pharmacy that will accept insurance and be in PBM pharmacy networks.

Navitus Health Solutions Announces a Specialty Pharmacy Purchase From CareMetx to Expand Geographical Footprint

BioTech 365

Navitus Health Solutions Announces a Specialty Pharmacy Purchase From CareMetx to Expand Geographical Footprint Navitus Health Solutions Announces a Specialty Pharmacy Purchase From CareMetx to Expand Geographical Footprint MADISON, Wis.–(BUSINESS

ARxIUM Completes Expansion of UNC Health Pharmacy Operations

BioTech 365

ARxIUM Completes Expansion of UNC Health Pharmacy Operations ARxIUM Completes Expansion of UNC Health Pharmacy Operations Installation of systemwide inventory management application provides tracking of COVID-19 medications BUFFALO GROVE, Ill.–(BUSINESS

Better Insight and Management of Effective Rate Contracts Helps Independent Pharmacies Improve Performance

BioTech 365

Better Insight and Management of Effective Rate Contracts Helps Independent Pharmacies Improve Performance Better Insight and Management of Effective Rate Contracts Helps Independent Pharmacies Improve Performance OVERLAND PARK, Kan.–(BUSINESS

PTCE Launches ‘Faces of Pharmacy’ Recognition Campaign

BioTech 365

Inaugural yearlong campaign will highlight four pharmacy professionals a month for their hard work and dedication to the pharmacy profession CRANBURY, N.J.–(BUSINESS

 Publix Pharmacy Opens in Halifax Health Medical Center

BioTech 365

–(BUSINESS WIRE)–This morning, Publix Pharmacy opened a full-service pharmacy in Halifax Health Medical Center in Daytona Beach, Florida. The pharmacy will provide prescription and over-the-counter medications for patients, visitors and Halifax Health team members.

U.S. Pharmacy Chains Harm Patients With Medication Errors; NABP Appears Silent

Pharmacy Checkers

When you go to your local CVS and Walgreens – and other big pharmacy chains – are you getting the highest standard of care? Have these pharmacies gone rogue? Yet the National Association of Boards of Pharmacy (NABP) doesn’t seem to be paying much attention to medication errors at U.S. pharmacies. Here’s proof that the NABP are paying relatively little attention to medication errors compared to internet pharmacies. pharmacy industry. pharmacy boards.

Pharmacy Times® and National Healthcareer Association to Produce Inaugural Pharmacy Technician Supplement

BioTech 365

The special supplement will highlight the important role of the pharmacy technician CRANBURY, N.J.–(BUSINESS –(BUSINESS WIRE)–#NHA—Pharmacy Times®, the leading multimedia resource for pharmacy professionals, in collaboration with the National Healthcareer Association (NHA), will publish The Pharmacy Technician Edition™, an inaugural supplement … Continue reading → Business Wire

Transaction Data Systems Awarded Top Pharmacy Solution

BioTech 365

Healthcare Insights recognizes Transactions Data Systems as the leader in independent pharmacy solutions ST. –(BUSINESS WIRE)–Transaction Data Systems (TDS), the leader in pharmacy software solutions for the independent pharmacy market, received recognition as Healthcare Insights Company of the Year … Continue reading → Business WireLOUIS, Mo.–(BUSINESS

325 Florida Publix Pharmacies to Receive the Next Distribution of the COVID?19 Vaccine

BioTech 365

325 Florida Publix Pharmacies to Receive the Next Distribution of the COVID?19 19 Vaccine 325 Florida Publix Pharmacies to Receive the Next Distribution of the COVID?19 3, Publix Pharmacy will once again open appointments for eligible … Continue reading → Business Wire

Counterfeit Janssen HIV drug discovered in US pharmacies

Outsourcing Pharma

The pharmaceutical firm reports a counterfeit version of its Symtuza HIV treatment has been found and pulled from shelves at three American pharmacies.

Ingles Markets Pharmacy Prepared to Administer COVID-19 Vaccine

BioTech 365

Ingles Markets Pharmacy Prepared to Administer COVID-19 Vaccine Ingles Markets Pharmacy Prepared to Administer COVID-19 Vaccine ASHEVILLE, N.C.–(BUSINESS

Alto Pharmacy Accelerates National Growth With Launch of Three New Markets

BioTech 365

Alto Pharmacy Accelerates National Growth With Launch of Three New Markets Alto Pharmacy Accelerates National Growth With Launch of Three New Markets Telehealth pharmacy startup to bring model of better care, convenience, and costs to New York, Dallas, and Houston … Continue reading → Business Wire

What is a “legitimate” drug or online pharmacy?

Pharmacy Checkers

However, use of the word “legitimate” is found in the DSCSA, and that word is often misused by opponents of drug importation and international online pharmacies – and that got me thinking. On the subjects of drug importation, online pharmacy verification, drug safety and affordability, the word “legitimate” is thrown around a lot. What is a legitimate online pharmacy? wholesale pharmacy $80,000. wholesale pharmacy for $30,000.

Health Systems Join Forces to Launch Specialty Pharmacy Alliance

BioTech 365

Health System Owned Specialty Pharmacy Alliance (HOSP) to Focus on Advocacy and Best Practices for Specialty Pharmacies WAKEFIELD, Mass.–(BUSINESS

Publix Pharmacies to Offer Doses of the COVID-19 Vaccine at 60 South Carolina Stores

BioTech 365

Publix Pharmacies to Offer Doses of the COVID-19 Vaccine at 60 South Carolina Stores Publix Pharmacies to Offer Doses of the COVID-19 Vaccine at 60 South Carolina Stores LAKELAND, Fla.–(BUSINESS