Tag: pharmacy

ANACORTES, Wash. - Integra and QS/1 are combining their customer events into one “immersive, rich” iQ Conference. The inaugural combined conference will take place in Louisville, Ky., May 12-15, bringing institutional and community pharmacy stakeholders under one roof to share educational and networking opportunities. “Integra and QS/1 have a long history of engaging customers and making their conferences something pharmacy owners and staff anticipate nearly a year in advance,”...

INDIANAPOLIS - A judge has granted a motion to freeze certain assets of Priority Healthcare Corp., the latest development in a lawsuit over “unwarranted rebates.”In a lawsuit filed in September 2018, Roche, a manufacturer of diabetes testing supplies, says it paid $37.5 million of “unwarranted” rebates to insurance companies and their pharmacy benefit managers for claims submitted by PHC between Jan. 1, 2013, and the end of the first quarter of 2018.This latest motion, issued...

LOS ANGELES - Mini Pharmacy, a pharmacy specializing in providing diabetic supplies primarily to the California market, is now owned by Angeles Equity Partners. Mini was founded in 1980 and has been led by the Fox family. In conjunction with the transaction, Angeles will be installing a new executive team with pharmacy industry expertise “to drive a robust program of systems investment and operational modernization.” Richard Fox, however, will continue to lead Mini's commercial activities...

HUDSON, Ohio - Gemco Medical has received VAWD accreditation by the National Association of Boards of Pharmacy. VAWD (verified-accredited wholesale distributor) is awarded to pharmaceutical wholesale distributors in compliance with state and federal laws and NABP's VAWD criteria. The accreditation plays a vital role in in preventing counterfeit drugs from entering the U.S. drug supply, protecting the public from drugs that have been contaminated, diverted or counterfeited, the company says. Wholesale...

WOONSOCKET, R.I. - The U.S. Department of Justice on Wednesday approved the $69 billion merger between CVS Health and Aetna. The deal, which is expected to be finalized in the fourth quarter of 2018, is still subject to state regulatory approvals, many of which have been granted, according to a press release."DOJ clearance is an important step toward bringing together the strengths and capabilities of our two companies to improve the consumer health care experience," said CVS Health President and...

CARY, N.C. - The Accreditation Commission for Health Care has launched a Distinction in Nutrition Support (NTS), the industry's first, it says. The distinction augments the company's infusion pharmacy accreditation, allowing providers to demonstrate their expertise in the provision of nutrition products and formulas, as well as their commitment to optimal patient care, according to a press release. “The Distinction in Nutrition Support focuses on nutrition-specific pharmacy operations and the...

DEERFIELD, Ill. - Walgreens Boots Alliance is said to be in early talks to take over Valley Forge, Pa.-based AmerisourceBergen, according to news reports, though “no deal is imminent and there may not be one,” according to the Wall Street Journal. Walgreens already owns a 26% stake in the drug wholesale company. “For Walgreens, buying Amerisource would be an example of so-called vertical integration, in which a company acquires a link in its supply chain, enabling it to keep more...

MIDDLETOWN, N.Y. - NeighboRx Pharmacy has opened a new location within Orange Regional Medical Center's outpatient building, according to Hudson Valley News. The location offers a full range of prescription medication services, as well as medical equipment and supplies, including walkers and rollators, diabetic supplies, wheelchairs, braces, crutches, and bath and safety supplies. “I can't stress enough the importance of this new venture, which allows better collaboration among local physicians,...

PITTSBURGH, Pa. - Allegheny Health Network, a nonprofit hospital system, has expanded its home health business by acquiring a home infusion pharmacy in Sharpsburg, Pa., from Infusion Partners, a subsidiary of Elmsford, N.Y.-based BioScrip. The pharmacy employs 20 workers and provides antibiotics, pain management, hydration, chemotherapy and other medications that are administered intravenously at home. The deal will allow AHN to increase the capacity and geographic reach of its existing infusion...

DALLAS - Ascendant Solutions, an investment firm, and its healthcare subsidiary, Dougherty's Holdings, have acquired The Medicine Shoppe pharmacy in McAlester, Okla.It's the fourth recent acquisition for Ascendant, which trades on Pink Sheets and is focused on acquiring, managing and growing community-based pharmacies in the Southwest region under Doughtery's Holdings.“Given its excellent reputation as the premier independent pharmacy in McAlester, we intend to continue to operate this...