Latest Pharmacy operators News

FILE - In this June 24, 2019 file photo, shoppers enter a Walgreens store in Los Angeles. Lawsuits filed by two Ohio counties against retail pharmacy chains  CVS, Walgreens, Rite Aid, Walmart and Giant Eagle claiming their opioid dispensing practices flooded communities with pain pills and were a a public nuisance can continue after U.S. District Judge Dan Polster, a federal judge in Cleveland, denied the chains' motion to dismiss the complaints in a ruling Thursday, Aug. 6, 2020. (AP Photo/Marcio Jose Sanchez, File)

Judge rejects pharmacy chains' bid to toss opioid suits

Aug. 7, 2020 3:25 PM EDT

CLEVELAND (AP) — Lawsuits filed by two Ohio counties against retail pharmacy chains claiming their opioid dispensing practices flooded communities with pain pills and were a a public nuisance can continue, a federal judge in Cleveland has determined. U.S. District Judge Dan Polster rejected the pharmacy...

FILE - In this April 18, 2020, file photo, partitions are installed between beds as work is performed to turn Sleep Train Arena in Sacramento, Calif., into a 400-bed emergency field hospital to help deal with the coronavirus outbreak. When California was anticipating a spring surge in coronavirus cases it turned an old NBA arena and practice facility into a field hospital prepared to take hundreds of patients. They were told to expect 30 to 60 patients within the first few days, but only nine arrived over the next 10 weeks. (AP Photo/Rich Pedroncelli, File)

State spent millions on arena hospital that saw 9 patients

Aug. 6, 2020 1:20 AM EDT

SACRAMENTO, Calif. (AP) — Doctors arrived at an arena-turned-medical center in Sacramento in mid-April and were told to prepare for 30 to 60 coronavirus patients to arrive within days. They spent the weekend working feverishly to get ready. State officials envisioned the cavernous Sleep Train Arena and an...

FILE- In this Dec. 4, 2017, file photo, the CVS Health logo appears above a trading post on the floor of the New York Stock Exchange.  CVS Health’s second-quarter performance beat Wall Street’s expectations as the drugstore chain and pharmacy benefits manager experienced reduced benefit costs. It raised its full-year earnings forecast. (AP Photo/Richard Drew, File)

CVS posts strong 2Q, with virus delaying elective procedures

Aug. 5, 2020 1:55 PM EDT

CVS Health reported surprisingly strong second-quarter earnings as people postponed elective medical procedures during the COVID-19 pandemic, and it raised its profit expectations for the year. The postponed procedures led to lower benefit costs for the company's Aetna insurance arm, a main reason net income...

This Week: Walt Disney, CVS, Uber results

Aug. 3, 2020 1:10 AM EDT

A look at some of the key business events and economic indicators upcoming this week: Losing its magic? Disney is expected to have slumped to a loss in its fiscal third quarter. Analysts forecast the Magic Kingdom operator and owner of the ABC and ESPN networks lost 61 cents a share in the April to June period,...

South Alabama doctor indicted in drug-billing scheme

Aug. 2, 2020 10:10 AM EDT

BIRMINGHAM, Ala. (AP) — A south Alabama doctor has become the 30th person charged in what federal authorities describe as a fraud scheme involving a north Alabama pharmacy. Dr. Michelle Martine Jackson of Fairhope was indicted on charges including conspiracy to receive kickbacks and fraud, according to a...

This undated photo provided by Walgreens Boots Alliance shows CEO of Walgreens Boots Alliance Stefano Pessina. Pessina will step down as CEO and become executive chairman of the drugstore chain’s board once they pick a new leader, the company also said Monday, July 27, 2020. (Walgreens Boots Alliance via AP)

Walgreens lost $1.7B in 3Q as global pandemic tightened grip

Jul. 27, 2020 2:04 PM EDT

The coronavirus pandemic pushed Walgreens to a $1.7 billion loss it the most recent quarter with customers staying home or limiting shopping to essential supplies from grocery stores. The drugstore chain said Thursday that the rapidly spreading virus took a bite of between $700 million and $750 million from...

FILE - In this June 24, 2019 file photo, shoppers enter a Walgreens store in Los Angeles. Walgreens leader Stefano Pessina will step down as CEO and become executive chairman of the drugstore chain’s board once they pick a new leader. The company also said Monday, July 27, 2020, that its current executive chairman, former McDonald’s CEO Jim Skinner, will leave that role but remain on the board.   (AP Photo/Marcio Jose Sanchez, File)

Walgreens CEO Pessina to step down, become executive chair

Jul. 27, 2020 1:09 PM EDT

Walgreens' Stefano Pessina will step down as CEO and become executive chairman once the drugstore chain finds a replacement for him. The current executive chairman, former McDonald’s CEO Jim Skinner, will remain on the board after Pessina takes over. The company announced no time frame Monday in finding...

FILE - This July 7, 2010, file photo shows Nebraska's lethal injection chamber at the State Penitentiary in Lincoln, Neb. The owner of a pharmacy that provided drugs to Nebraska for use in a 2018 execution is expressing remorse for making the sale, but acknowledging that he knew that prison officials wanted them for a lethal injection. (AP Photo/Nate Jenkins, File)

Nebraska got lethal injection drugs from Omaha-area pharmacy

Jul. 23, 2020 8:57 PM EDT

LINCOLN, Neb. (AP) — The owner of a pharmacy that provided drugs to Nebraska for use in a 2018 execution expressed remorse Thursday for making the sale, but acknowledged that he knew prison officials wanted them for a lethal injection. Public records released late Thursday revealed that Community Pharmacy...

3 more sentenced in huge health care fraud scheme

Jul. 23, 2020 8:18 PM EDT

HATTIESBURG Miss. (AP) — Three more people accused of participating in a multimillion-dollar pharmacy scheme were sentenced Thursday in federal court in Mississippi. U.S. District Senior Judge Keith Starrett sentenced Glenn Beach, 47, of Sumrall, to 13 years, and Hope Thomley, 53, of Hattiesburg to 14...

A National Guardsman directs traffic at a COVID-19 testing site outside Hard Rock Stadium, Wednesday, July 8, 2020, in Miami Gardens, Fla. Florida is one of the nation's hot spots for coronavirus. (AP Photo/Wilfredo Lee)

'A hot mess': Americans face testing delays as virus surges

Jul. 8, 2020 9:05 PM EDT

AUSTIN, Texas (AP) — With a cough and shortness of breath, it took Austin, Texas, resident Sam Lee three tries to get a COVID-19 test. The first time, he showed up an hour before the public testing site was set to close and was told they had reached capacity. He was turned away from a second center when...