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New Rx, generics, OTC, and devices

Walgreens recently opened what is believed to be the nation’s first zero energy retail store. The Evanston, Ill., store uses approximately 850 solar panels and 2 wind turbines, and is anticipated to produce more energy than it consumes.

Caremark LLC, a division of CVS Caremark, has agreed to pay $4.25 million to five states to settle allegations that it defrauded Medicaid programs by billing them for prescription costs paid by private insurers.

During its annual foundation dinner in New York City this week, the National Association of Chain Drug Stores (NACDS) Foundation raised more than $1.8 million to support research, education, and medication adherence initiatives.

Helena Foulkes, a veteran with more than two decades of experience with CVS Caremark, will become president of the retail chain’s pharmacy business effective Jan. 1.

Changing the infusion site of specialty drugs can lower costs for patients with cancer, rheumatoid arthritis, multiple sclerosis, and other complex diseases, according to the 2013 Specialty Trend Management Insights Report, released by CVS Caremark.

Medication adherence rates for HIV patients with associated comorbidities such as mental illness was higher for patients using Walgreens HIV-specialized pharmacies than for patients using the chain’s other retail pharmacies, according to two recently released studies.

Telepharmacy

Patients in rural settings can still receive personalized care from pharmacists. With tele consults, all they need is an internet connection and a laptop.