Rite Aid and Albertsons say their future as a combined company includes ample space in Albertsons’ many grocery stores to expand health and wellness including Rite Aid’s RediClinics.
Though President Trump vowed to "eliminate the middlemen," pharmacy benefit managers (PBMs) saw the White House’s drug pricing blueprint as an endorsement of at least some of the private sector policy agenda.
Fred’s Inc. said CVS Health is buying its specialty pharmacy business EntrustRx for $40 million amid the retailer’s effort to execute a financial turnaround.
Fred’s plans to sell its specialty pharmacy business should get plenty of interest from bidders given rampant consolidation among retail drugstore chains.
Customers from Walmart stores are already driving seniors to the insurer’s Medicare drug benefits and Medicare Advantage plans, Humana chief executive Bruce Broussard said.