Some Items From Drug Store News

Just finished reading the most recent Drug Store News (Sept 2008).  A few things caught my eye that I thought I would share:

  • NACDS calls this the “make-or-break time” for retail pharmacy.
  • Giant Foods launched a new pharmacy program giving customers 5% off their next grocery order whenever they purchase five prescriptions using their Giant BonusCard.
  • HealthExtras acquired Discount Drug Mart’s PBM – Immediate Pharmaceutical Services.
  • Rite Aid introduced their Fill Up and Fuel Up program in June which offers a $30 gift card and a chance to win a year’s worth of free gasoline.
  • Rite Aid also is piloting a program to deliver prescriptions to the house of patients being discharged from the hospital.
  • In early 2007, there were 3,904 open pharmacy positions which continues to push up pharmacist salaries which according to Mercer are:
    • $118,000 for a pharmacy team manager
    • $108,700 for a staff pharmacist at retail
    • $105,200 for a staff pharmacist at a hospital
    • $105,000 for a clinical pharmacist
    • $23,000 for a pharmacy technician

(Think about the fact that the person you interface with at the pharmacy – the technician – makes $23,000 a year compared with a person who works in the tool booth in MA that makes $70,000 a year.  Does that seem right?)

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