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WAG-RAD merger possible, but not likely
WHAT IT MEANS AND WHY IT'S IMPORTANT — A miniature version of the spike in stock market activity that followed speculation about the prospects of a Walgreens-Rite Aid merger happened on Drug Store News' website as a quick writeup about the potential deal became the most-read story on the site.
(THE NEWS: Reports: WAG-RAD merger speculation drives RAD stock to four-year high. For the full story, click here)
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Walgreens' Surescripts deal heralds bright future for pharmacy
WHAT IT MEANS AND WHY IT'S IMPORTANT — There is power in information. There is even more power in that information when it is conveniently available at the precise moment it is needed — in this case, during one of a patient's increasingly time-crunched appointments with a general healthcare practitioner. Today more than half (52%) of all office-based doctors are using that Surescripts network to streamline and help manage the prescriptions they write, which is connecting them to 94% of all retail pharmacies.