Chain Drug Review_A call for disruption and innovation in retail Rx_Blog_Thought Leadership Graphic

A call for disruption and innovation in retail Rx

In preparing for the National Association of Chain Drug Stores Annual Meeting this year, I find myself thinking about the myriad opportunities reshaping retail pharmacy, including overcoming declining margins, winning expansion of pharmacist provider status, and leaning into consumer needs and value-based care. As I do so, I keep coming back to the guiding principle that we have been entrusted by our investors to create value by delivering patient safety, access and affordability in health care.
DSCSAInsightsForDispenser_PharmacyTimes

Understanding DSCSA: Insights for All Dispensers

The article discusses how the DSCSA impacts medication dispensers, emphasizing compliance to protect patient safety and maintain supply chain integrity. It covers pharmaceutical crime, counterfeit drug risks, key DSCSA measures like product serialization, and stresses technology's role in ensuring authenticity. Compliance with regulations is crucial for a secure healthcare environment.
Chain Drug Review_DIR Reform_Blog_Thought Leadership Graphic

DIR reform in 2024: One step forward, two steps back

The article delves into the advancements and obstacles facing Direct and Indirect Remuneration (DIR) reform in 2024 within the pharmacy sector. It outlines the move from retroactive to upfront DIR fees, the financial pressures on pharmacies, and initiatives to broaden the scope of pharmacy services. Despite certain improvements like clawback elimination, the transition has introduced cash flow difficulties and decreased transparency. The article underscores the significance of comprehending and managing these reforms to bolster pharmacy viability and promote value-based care endeavors.

US Department of Health and Human Services Selects Inmar Intelligence for a 5-year Contract to Deliver Pharmaceutical Supply Chain Solutions

Inmar Intelligence, a leading provider of data-driven healthcare technology solutions, today announced it has secured a contract with the US Department of Health and Human Services (HHS) to provide pharmaceutical supply chain solutions across the country.
HealthcarePricingRapidResponseBlog

The Push for Healthcare Price Transparency: Will Pharmacies See a Benefit?

By Jason Murry, Senior Director, Healthcare Sales: Recent passage of the Lower Costs, More Transparency (LCMT) Act in a bipartisan vote by the U.S. House of Representatives is being heralded by the bill’s sponsors as “landmark legislation,” but is it really? The bill -- which is a long way from becoming law -- is focused on the very politically popular issue of lowering prescription drug prices for consumers. But where is the benefit for pharmacies?  
Woman entering credit card information into a mobile device.

What does the future hold for retail media?

Leah Logan: Expect a shift from retail media standardization to transparency.  As brands continue to invest more in retail media, they’re looking for a consistent way to talk about and measure performance across the multiple retail media networks — to determine where to invest their budgets. While both brands and retailers see standardization at some level as a necessary step in the evolution of retail media, more complex metrics will be needed to provide rationale for how one RMN is differentiated from another. 
People tailgating

How to Train For an Undefeated Season

Due to inflation, consumers are adjusting their spending habits, particularly for events like the Big Game. Our guide provides insight into current consumer trends and offers strategies for tailoring your promotions accordingly. A significant 60% of consumers plan to watch the game — with 86% doing so in a group setting — presenting ample opportunities for brands and retailers. Download our guide to learn about: