Walgreens Shares Dive on Q1 Earnings Miss
“We anticipate that profitability and sales growth may be hard to come by for the foreseeable future,” an analyst says of the drugstore chain.
5 Health Care Trends for CFOs to Watch in 2019
With companies still pressured by rising health benefits costs, they must actively engage in taking advantage of systemic changes in the health care market.
Health-Care Cost Growth Increased in 2018
An average 3.6% rise in employers' health-benefits costs was up a point from last year and once again exceeded the general inflation rate.
CVS Beats Estimates on Strong Rx Drug Sales
A 9.5% surge in same-store prescription volume in Q2 helped offset a 1% decline in front-end same-store sales.
Sanofi Buys Hemophilia Drug Maker for $11B
The acquisition of Bioverativ boosts Sanofi's presence in the fast-growing, $10 billion market for hemophilia treatments.
Delaware Suit Targets Painkiller Supply Chain
The state alleges distributors and pharmacies have contributed to the opioid epidemic by failing to prevent the "diversion" of the addictive painkillers.
Kmart Fined $32.3 Million Over Rx Drug Fraud
The case arose from a whistleblower who alleged Kmart was overcharging Medicare customers for generic drugs.