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Wal-Mart drops insurance coverage for some part-time workers

By Adam Rubenfire  |  October 07, 2014

Wal-Mart Stores will cease offering health insurance coverage to employees who work less than 30 hours a week, likely pushing many of those workers to healthcare exchanges created by the Patient Protection and Affordable Care Act. Wal-Mart follows several other major retailers who also have cut...

Walgreen posts 4Q loss on Alliance Boots charge

By Associated Press  |  September 30, 2014

Walgreen booked a $239 million loss in its fiscal fourth quarter after swallowing a huge accounting charge from its Alliance Boots acquisition, but the drugstore chain's results still met Wall Street expectations.

Cardinal Health names CFO, pharmaceutical unit CEO

Cardinal Health names CFO, pharmaceutical unit CEO

By Jaimy Lee  |  September 12, 2014

Cardinal Health, a Dublin, Ohio-based distribution and medical supplies company, promoted two executives, naming Michael Kaufmann as CFO and Jon Giacomin as CEO of the pharmaceutical segment.

Reform Update: UnitedHealth's Optum Labs adds universities, insurer and Merck

Reform Update: UnitedHealth's Optum Labs adds universities, insurer and Merck

By Melanie Evans  |  September 10, 2014

The research and development laboratory launched by UnitedHealth Group and the Mayo Clinic to capitalize on healthcare's data profusion and healthcare reform expanded again this week, adding two prominent universities, the Minnesota health plan Medica and pharmaceutical giant Merck.

CVS changes name, stops tobacco sales early

By Associated Press  |  September 03, 2014

As CVS sharpens its focus on customer health, the nation's second-largest drugstore chain will tweak its corporate name and stop the sale of tobacco nearly a month sooner than planned.

Walgreen drops on report it will keep U.S. tax base

By Associated Press  |  August 05, 2014

Shares of Walgreen Co. have tumbled on media reports that the drugstore chain will not reincorporate itself overseas — a politically touchy move that could significantly lower its tax bill.

Cardinal Health still coping with Walgreen loss, but beats estimates

Cardinal Health still coping with Walgreen loss, but beats estimates

By Bob Herman  |  August 04, 2014

Cardinal Health recorded sizable revenue declines in its fiscal fourth quarter and fiscal 2014, the drug and medical product supplier announced Monday. An expired contract with Walgreen Co. continued to hamper results, but Cardinal Health still beat Wall Street's revenue expectations for the...

Pharmacy company CEO discusses legislative probe

By Associated Press  |  June 21, 2014

A pharmacy company named in connection with a grand jury investigation of legislative corruption is not a giant business located in a fancy office park. American Pharmacy Cooperative is located in a light industrial area of Bessemer, Ala., in a two-story metal building with a brick facade front.

Walgreen to provide services to Arizona Priority Care

By Modern Healthcare  |  June 21, 2014

Walgreen Co. has entered into a collaborative agreement to provide expanded services for Arizona Priority Care, the Phoenix-area affiliate of Marina del Rey, Calif.-based Heritage Provider Network.

Walgreen to provide services for Arizona Priority Care

Walgreen to provide services for Arizona Priority Care

By Andis Robeznieks  |  June 18, 2014

Walgreen Co. has entered into a collaborative agreement to provide expanded services for Arizona Priority Care, the Phoenix-area affiliate of Marina del Rey, Calif.-based Heritage Provider Network.

Private insurance exchanges attract more employers

Private insurance exchanges attract more employers

By Paul Demko  |  June 07, 2014

After years of facing rising health benefit costs, household products manufacturer Church & Dwight in 2012 switched its 3,200 employees from a health benefit program with three plan choices into a single, high-deductible health plan. But this year the publicly traded Ewing, N.J.-based company...

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