Latest Pharmacy operators News

W.Va. announces $147M opioid settlement with CVS, Walmart

Sep. 20, 2022 17:02 PM EDT

CHARLESTON, W.Va. (AP) — Walmart and CVS Pharmacy have settled with the state of West Virginia for a combined total of $147 million in a lawsuit over the companies' roles in contributing to the oversupply of prescription drugs that fueled the opioid epidemic in the country's most impacted state,...

Walgreens to buy remainder of Shields Health for $1.4B

Sep. 20, 2022 10:59 AM EDT

Walgreens is spending nearly $1.4 billion to buy the remaining stake in Shields Health Solutions it doesn’t already own as it pushes into the fast-growing specialty pharmacy business. The drugstore chain hopes to close on the remainder of the company by the end of the year....

5 doctors plead guilty in West Virginia in pain pill scheme

Sep. 12, 2022 19:32 PM EDT

CHARLESTON, W.Va. (AP) — Five doctors pleaded guilty in a pain pill prescription scheme involving clinics in West Virginia and Virginia, federal prosecutors said Monday. The scheme was tied to the Hope Clinic and involved prescribing oxycodone and other controlled substances that...

CVS to buy home health-care provider Signify for $8 billion

Sep. 05, 2022 19:57 PM EDT

DALLAS (AP) — Drugstore operator CVS Health Corp. said Monday that it will buy home-health provider Signify Health for $8 billion. CVS said Signify has more than 10,000 employees including physicians and nurses, a presence in every state, and offers technology platforms. ...

California bill to make vasectomies cheaper goes to governor

Aug. 31, 2022 19:27 PM EDT

SACRAMENTO, Calif. (AP) — Months after making abortions cheaper for women, California lawmakers have now voted to make vasectomies cheaper for men. The bill passed Wednesday and now goes to Gov. Gavin Newsom. If he signs it, California would become the eighth state to do this for...

Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit

Aug. 17, 2022 18:37 PM EDT

CLEVELAND (AP) — A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that sued CVS, Walgreens and Walmart over the way the national pharmacy chains distributed opioids to their communities. U.S. District Judge Dan Polster said in his ruling...

Over-the-counter hearing aids expected this fall in US

Aug. 16, 2022 19:21 PM EDT

WASHINGTON (AP) — Millions of Americans will be able to buy hearing aids without a prescription later this fall, under a long-awaited rule finalized Tuesday. The regulation creates a new class of hearing aids that don't require a medical exam, a prescription and other specialty...

WVa AG reaches settlement with Rite Aid over opioid supply

Aug. 11, 2022 18:38 PM EDT

CHARLESTON, W.Va. (AP) — West Virginia Attorney General Patrick Morrisey's office has reached a settlement with Rite Aid that may total up to $30 million in a lawsuit alleging oversupply of opioids at pharmacies in the state, he said Thursday. “Money will not bring back the lives...

Judge: Walgreens contributed to San Francisco opioid crisis

Aug. 10, 2022 18:18 PM EDT

SAN FRANCISCO (AP) — A federal judge ruled Wednesday that Walgreens can be held responsible for contributing to San Francisco's opioid crisis for over-dispensing highly addictive drugs for years without proper oversight and failing to identify and report suspicious orders as required by law. ...

Tennessee sues Walgreens over opioid prescription onslaught

Aug. 03, 2022 19:14 PM EDT

Tennessee's attorney general said Wednesday he has sued Walgreens, accusing the drugstore chain of contributing to the state's opioid crisis by failing to maintain effective controls against the abuse of prescription pain pills. The lawsuit seeking unspecified civil penalties was...