According to data in the 2014 National Progress Report, Surescripts processed 6.5 billion health data transactions in 2014 -- more transactions in one year tham American Express and PayPal. Read More »

CutisPharma, a specialty pharmaceutical company, yesterday named President Neal Muni as the company’s new CEO. Read More »

The June 1 removal of governmental direct drug price control will be credit positive for China’s pharmaceutical industry, Moody’s Investors Service said. Read More »

The Defense Health Agency (DHA) is taking action to help TRICARE beneficiaries amid recent aggressive and misleading marketing practices of some compounding pharmacies targeting TRICARE, Dr. George Jones, DHA's chief of pharmacy operations, said recently. Compounding pharmacies prepare medications for patients who need different medication-strength levels than those available in commercial products. Read More »

CVS Health Corp. will acquire Omnicare Inc., the leading provider of pharmacy services to long-term facilities, in a deal announced  for $98 per share in cash for a total enterprise value of around $12.7 billions, which includes a debt of $2.3 billion. Read More »

Zynex Inc., a medical technology company, announced today it has been granted license approval from the state of Arkansas for its compound pharmacy business Pharmazy. Read More »

Medical practices in Connecticut participating in the Cigna Collaborative Care initiative are successfully meeting the goals of the program: improving quality and lowering medical costs. Read More »

Point-of-sale software developer will network with independent retail and outpatient pharmacies. Read More »

The Senior Care Pharmacy Coalition (SCPC) applauded the House Energy and Commerce Committee on Thursday after it advanced the 21st Century Cures Act, which protects long-term-care (LTC) patients. The bill features language exempting Medicare Part D beneficiaries in skilled nursing facilities and other settings from a proposed medication-management "lock-in" provision that targets prescription-drug abuse. Read More »

China Nepstar Chain Drugstore Ltd. announced Friday that the company’s CEO, Fuxiang Zhang, has resigned for personal reasons. Read More »

Bill includes potential cuts that would make it harder to access health care services Read More »

The Academy of Managed Care Pharmacy (AMCP) has passed the 21st Century Cures Act, but it is concerned that more needs to be done to address prescription drug abuse. Read More »

MyMedicineBox (MMB), India's first tele-pharmacy, has developed a new mobile app. The company said the app is designed to make it fast and easy for patients to manage their care, using their iPhones or Android phones, including reviewing test results and medical bills, managing prescriptions, learning about new products, scheduling doctor appointments and conducting video visits with an MMB pharmacist or doctor. Read More »

U.S. Sens. Tim Scott (R-SC) and Joe Manchin (D-WV) unveiled their Prescription Drug Abuse Caucus on Friday. The initiative aims to raise awareness and to show that the U.S. Senate is serious about assisting the millions of American families whose lives have been impacted by prescription drug abuse. Read More »

Rising profits continue for the retail drugstore industry, according to one expert who says government-collected data contrasts with the negative perspective of industry “doom-and-gloomsters.” Read More »

The Pharmacy Quality Alliance (PQA) said on Tuesday that it has endorsed three new measures to assess the use of opioids from more than one provider or high dosages prescribed to noncancer patients. PQA officials hope the new measures will help fight prescription opioid abuse and overdoses. Read More »

Leading specialty prescription, over-the-counter pharmaceutical and medical supply distributor ScripsAmerica Inc. has appointed Andy Triggs to its board of directors. Read More »

Advanzeon Solutions Inc., along with its wholly owned subsidiary Pharmacy Value Management Solutions, announced this week the immediate addition of senior public relations consultant Matt Capps to the company's Community Outreach Programs. Read More »

Anthem Inc. yesterday announced that executive vice president and president of commercial and specialty business division Ken Goulet will retire from the company this summer. Read More »

McKesson Analytics Explorer is improving clinical and financial outcomes at more than 30 health systems across the nation, McKesson said yesterday. Read More »