Archive September 2014

California becomes first state to ban plastic bags

Sep30

SACRAMENTO, Calif. (AP) Gov. Jerry Brown on Tuesday signed the nation’s first statewide ban on single-use plastic bags at grocery and convenience stores, driven to action by pollution in streets and waterways. A national coalition of plastic bag manufacturers immediately said it would seek a voter referendum to repeal the law, which is scheduled to […]

Studies show cost and use of opioid dependence treatment are increasing, spurring the need for care management programs

Sep30

ST. PAUL, Minn., Sept. 30, 2014 /PRNewswire/ In 2011, approximately 5.1 million people in the United States abused prescription pain relievers (e.g. opioids).1 Clinical treatments for opioid dependence include detoxification or maintenance treatment, which entails the use of buprenorphine, buprenorphine/naloxone, naltrexone or methadone. The patterns and costs of these treatments are important when developing and […]

Supervalu Reports Fresh Hacking Incident

Sep30

WASHINGTON (dpa-AFX) – Grocery retailer Supervalu Inc. (SVU) Monday said it recently discovered that, in late August or early September, an intruder installed different malware into the portion of its computer network that processes payment card transactions at some of its Shop ‘n Save, Shoppers Food & Pharmacy and Cub Foods owned and franchised stores, […]

Advanzeon Solutions, Inc.’s Wholly-Owned Subsidiary Pharmacy Value Management Solutions, Inc. Signs Marketing Agreement With Jeff Liva & Co.

Sep29

TAMPA, Fla., Sept. 29, 2014 /PRNewswire/ Advanzeon Solutions, Inc. (OTC:BB: CHCR), (“Advanzeon” or the “Company”), which provides behavioral health, wellness, pharmacy management services and sleep apnea programs, to employers, Taft-Hartley health and welfare funds, managed care companies throughout the U.S. today announced that its wholly-owned subsidiary, Pharmacy Value Management Solutions, Inc. (“PVMS”), has entered into […]

New AIS Report Offers Strategies to Manage Copay Coupon Use in Specialty Pharmacy

Sep29

Washington, DC (PRWEB) September 29, 2014 Atlantic Information Services, Inc. (AIS) is pleased to announce the release of Copay Coupons for Specialty Drugs: Strategies for Health Plans and PBMs, the latest report in its Management Insight Series. The report provides details of steps payers are taking to manage the rising use of pharmaceutical manufacturer-offered copay […]

RxAdvance Expands Executive Management Team

Sep29

By a News Reporter-Staff News Editor at Managed Care Weekly Digest RxAdvance, an innovative pharmacy benefit management (PBM) company, has expanded its executive management team with another industry veteran, Terry A. Ramey, who joins as Executive Vice President, Business Development and Client Engagement. Terry A. Ramey, Executive Vice President, Business Development and Client Engagement, is […]

CVS store at Sylvania, King opens ahead of schedule [The Blade, Toledo, Ohio]

Sep28

Sept. 28The first CVS Pharmacy in Sylvania opened today, ahead of schedule, adding to the drug stores concentrated in the area.The CVS Pharmacy, a 13,000-square foot building at 7510 Sylvania Ave. at the corner of King Road, was scheduled to open in November. But last week the pharmacy chain said the store would open today. […]

Rite Aid posts solid 2Q, lowers expectations for the fiscal year [Central Penn Business Journal (PA)]

Sep26

Sept. 18, 2014, at 8:19 a.m.Cumberland County-based drugstore chain Rite Aid Corp. reported secondquarter revenue of $6.5 billion versus revenue of $6.3 billion in the prior year’s second quarter.Revenue increased 3.9 percent, primarily as a result of an increase in pharmacy same-store sales, Rite Aid said in a news release. The company reported net income […]

Caremark Will Pay $6 Million to Resolve False Claims Act Allegations

Sep26

WASHINGTON, Sept. 26 The U.S. Department of Justice issued the following news release:Caremark L.L.C., a pharmacy benefit management company (PBM), will pay the United States $6 million to settle allegations that Caremark knowingly failed to reimburse Medicaid for prescription drug costs paid on behalf of Medicaid beneficiaries who also were eligible for drug benefits under […]

CVS’ Caremark To Pay $6 Mln To Settle Medicaid Reimbursement Allegations

Sep26

WOONSOCKET (dpa-AFX) – Caremark LLC, a unit of drugstore chain CVS Health Corp (CVS), will pay $6 million to settle allegations that it knowingly failed to reimburse Medicaid for prescription drug costs, the U.S. Justice Department said Friday."It is vitally important that cash-strapped Medicaid programs receive reimbursement for the costs they incur that should properly […]