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Latest CVS Health Research Institute study proclaims MTM value to hospitals
WOONSOCKET, R.I. - Hospital readmissions are reduced by as much as 50% thanks to retail pharmacy medication reconciliation programs, according to a new study released Thursday by the CVS Health Research Institute.
The research, published in the July issue of Health Affairs, is the first to evaluate the impact of an insurer-supported medication reconciliation program on clinical outcomes and health care spending.
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With Rite Aid deal on track, Walgreens Boots Alliance posts Q3 sales of $29.5 billion, up 2.4%
DEERFIELD, Ill. — Walgreens Boots Alliance on Wednesday reported an adjusted net earnings increase of 14.7% to $1.3 billion for its third quarter ended May 31. Net sales in the third quarter were $29.5 billion, an increase of 2.4% over the year-ago quarter, or 3.3% on a constant currency basis.
Walgreens Boots Alliance's Retail Pharmacy USA division had third quarter total sales of $21.2 billion, an increase of 3.7% over the year-ago quarter. Sales in comparable stores increased 3.9% compared to the same quarter a year ago.