- Pharmacy professionals at two CVS retail stores in Rhode Island win union elections with The Pharmacy Guild, making history in CVS’ home state (pharmacyguild.org)Las Vegas pharmacy workers vote to unionize, calling for higher pay and consistent hours (ktnv.com)
Pharmacy professionals organizing at two CVS corporate retail stores in Rhode Island have won their union election with The Pharmacy Guild, becoming the first stores in the nation to unionize in CVS’ homestate. The victories mark the continuation of a historic wave of pharmacy organizing. These election results are the second and third union election wins by workers organizing with TPG in just four weeks, as pharmacy professionals fight for a better industry for themselves and their patients...READ MORE
- Pharmacist-to-Technician Ratio Special Newsletter (v5.airtableusercontent.com)
NPA President Dr. Kay Lynn Bowman gave a brief history of legislation surrounding the pharmacist-to-technician ratio:
The last proposal for the Regulation to increase the ratio was heard and a survey was conducted in October 2018...From January 2019 - September 2019: Public comment was heard by the Board of Pharmacy in March, April, June and July, and a final motion for a 4:1 ratio was denied.
COVID-19: May 5, 2020 a Partial Emergency Waiver for COVID-19 allowed for a 6:1 pharmacy technician:pharmacist ratio. Waiver ended 7/20/2022.
Current Tech/Pharmacist Ratio is 3:1.
In September 2022, the Nevada Board of Pharmacy was asked to adopt an emergency regulation to raise the ratio. The Board of Pharmacy determined that the situation was not an emergency but they mentioned that they may consider discussing this topic in a future board meeting...READ MORE
- Walgreens won’t sell abortion pills in GOP states after legal threats from state officials (fiercehealthcare.com)
Walgreens will not dispense abortion pills in nearly two dozen states after legal threats from GOP lawmakers, the retail pharmacy chain confirmed...The Walgreens decision stems from a letter written by nearly two dozen Republican state attorneys general at the beginning of February that threatened legal action if the company began distributing mifepristone in their states...Walgreens...spokesperson saying “we are not distributing mifepristone at this time. We intend to be a certified pharmacy and will distribute mifepristone only in those jurisdictions where it is legal and operationally feasible.”...READ MORE
- CVS reports $3B loss to cover global opioid settlement but Q3 earnings beat Wall Street estimates (fiercehealthcare.com)
CVS reported a quarterly loss of more than $3 billion to cover its share of a global opioid settlement, but its third-quarter earnings blew past Wall Street estimates...The pharmacy retail giant said that it had a $5.2 billion charge in the third quarter for a settlement relating to its role in the opioid crisis. The settlement resolves "substantially all opioid lawsuits and claims filed by other states, political subdivisions and tribes against the company to be paid over 10 years, beginning in 2023...READ MORE
- Q&A: How Coffee Helped This Pharmacy Improve Front-End Sales (drugtopics.com)
Over the past few years, a unique pharmacy operation has been making waves in the Pacific Northwest. Chris Schaffner is a pharmacist by trade, but he also serves as the owner of Apothecary Coffee, a co-located coffee shop attached to his other business, Schaffner Pharmacy. Opening the pharmacy in 2018 and the coffee shop in 2022, Schaffner and his staff have achieved great success in the community pharmacy industry...READ MORE
- Walgreens inks another deal for clinical trials business as CVS exits research recruitment (fiercehealthcare.com)
Retail pharmacy giant Walgreens inked another partnership to recruit participants for research as it continues to build out its clinical trials business...The company signed a deal with biotech startup Freenome to advance clinical trials of its blood-based tests for the early detection of cancer...It marks the sixth contract that Walgreens has publicly disclosed for its year-old clinical trials business unit. The pharmacy chain launched the unit back in June 2022 as the company's healthcare ambitions continue to grow...While Walgreens continues to grow the business, rival CVS Health announced in May it was winding down its clinical trials arm just two years after its launch. The company will fully exit clinical trials by the end of 2024...READ MORE
- Walgreens plots ‘aggressive’ strategy to build out healthcare services, CEO Roz Brewer says (fiercehealthcare.com)
On the heels of several high-profile acquisitions, Walgreens aims to be a point of entry for consumers for healthcare services ranging from urgent care to specialty care and even in-home health...Walgreen's VillageMD unit recently announced it was buying another urgent and primary care chain, Summit Health-CityMD, in a deal worth close to $9 billion. The VillageMD-Summit Health deal will expand Walgreen's reach into primary, specialty and urgent care. Combined, VillageMD and Summit Health will operate more than 680 provider locations in 26 markets...READ MORE
- Prescription for disaster: America’s broken pharmacy system in revolt over burnout and errors (usatoday.com)Walgreens pharmacists stage walkout just weeks after similar action by CVS staffers (usatoday.com)
It was August 2020. The pandemic was in full swing, straining an already weary workforce hit by a decade of relentless budget cuts and rising demands. ..One by one, the pharmacists dialed into a weekly conference call with their boss. He could have empathized with them or addressed the reality of their pressure-cooker environment – one that breeds medication errors and creates missed opportunities to prevent potentially deadly mistakes...Instead, CVS District Leader Khalil Haidar turned up the heat. He harped on his Texas-and-Louisiana-based team to hit corporate quotas: Sell more store memberships. Push for more prescription pickups. Vaccinate more people. He threatened discipline and staff cuts unless pharmacists convinced at least five customers that week to get a flu shot before flu season had even officially started...READ MORE
- CVS lowers 2023 earnings outlook on Oak Street, Signify deal costs (healthcaredive.com)CVS closes $10.6B Oak Street Health buy (healthcaredive.com)
CVS reported first quarter financial results premarket Wednesday fresh off closing some of its biggest acquisitions since its $70 billion megamerger with insurer Aetna in 2018...The retail health giant tied up its $10.6 billion acquisition of value-based medical group Oak Street Health...and completed its $7.8 billion acquisition of home care provider Signify Health in March. The acquisitions are meant to advance CVS’ value-based strategy in primary care and home health...READ MORE
- Walgreens will stop judging its pharmacy staffers by how fast they work (nbcnews.com)
As retail pharmacies have struggled with staffing shortages, pharmacy workers across the U.S. have been sounding the alarm about dangerous working conditions, pushed by quotas and other metrics...Walgreens will no longer evaluate its pharmacy staffers based on speed and other metrics amid complaints from pharmacists across the industry that pressure to meet targets like the number of filled prescriptions is leading to dangerous mistakes and staff burnout...Walgreens, the country’s second-largest pharmacy chain, announced...that it is eliminating “task-based metrics” from performance evaluations to allow its pharmacy staffers to “place even greater focus on patient care.” They will now be evaluated “solely on the behaviors that best support patient care and enhance the patient experience,”...READ MORE