Posts Tagged ‘Walgreens’



The Right Shopping List for Healthcare Consumers

November 20th, 2012
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We have followed the progress of Walgreens as the drugstore chain integrates health clinics into its stores as one example of what appears to be a growing trend throughout the drugstore industry. But it’s still not clear how these clinics will fit into the mix of healthcare offerings.
 
Walgreens now has 356 in-store clinics, and other drugstore chains are more than catching up: CVS has about 588 CVS “MinuteClinics,” and Wal-Mart includes 143 clinics across some of its stores nationwide. The consulting firm Merchant Medicine estimates that there are almost 1,400 in-store health clinics in the United States.
 
Recently, National Public Radio and Truven Health Analytics conducted a poll of consumers, and found that:
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A Strategic Lesson in a Tale of Two Drugstores

November 29th, 2011
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Have you noticed the very different strategic paths taken here of late by Walgreens and CVS, the national drugstore chains? What’s happened so far is a lesson in strategy and the importance of considering unintended consequences and long-term implications. For me, this drugstore case study evokes the old adage, “Be careful what you wish for.”
 
A recent article in Forbes magazine compares the stock performance of CVS and Walgreens, in an attempt to measure how each chain’s strategic decision around its pharmacy benefit managers (PBMs) program affected both how well each could negotiate terms and prices with insurers as well as its overall pharmacy sales. PBMs are designed to help a drugstore chain win a price advantage over competing chains.
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