Pharmacy chain says it will add health services to other locations, book roughly $1 billion restructuring charge   CVS Health Corp. said Thursday it will close 900 stores over the next three years, nearly 10% of its U.S. locations, while adding more health services at remaining locations. The largest U.S. pharmacy chain said it would close 300 stores a year while adding pri...

Read More

A federal appeals court has largely upheld a North Dakota law imposing various requirements on pharmacy benefit managers, including a ban on holding ownership interests in patient assistance programs or mail-order specialty pharmacies. A unanimous panel of the 8th U.S. Circuit Court of Appeals ruled Wednesday that most of the law did not conflict with the federal law governing employe...

Read More

Efforts to administer vaccinations are expected to be fully up and running next week   Pediatricians are preparing to administer the nation’s first coronavirus children’s vaccine as early as Wednesday after the Centers for Disease Control and Prevention signed off Tuesday night on giving the Pfizer-BioNTech shots to millions of kids ag...

Read More

When Sarah Tuttle visited a Rite Aid with her 7- and 14-year-old children this month, she figured they’d be able to get walk-in flu shots, as they always have. Not this time. She could tell by the pharmacy worker's expression.  “She looked at me with this totally harried face and said, ‘We’re not doing walk-ins,’” Tuttle said of the emp...

Read More

Centene, the nation’s largest Medicaid managed-care company, is planning to stop its work as a pharmacy middleman, or pharmacy benefit manager. Executives last week said the company is issuing a $30 billion request for proposals from an outside contractor to take over the work. The news comes after Ohio Attorney General Dave Yost sued the company in March, accusing it of working thro...

Read More