By Evan Haddad Source: Reno Gazette Journal A supermarket chain with five stores in Reno-Sparks will be shutting down its pharmacies next week. Save Mart Supermarkets, a grocery chain that was acquired in March by Los Angeles-based private equity firm Kingswood Capital Management LP, has announced the shuttering of all its pharmacies [...]
By Anastassia Gliadkovskaya Source: Fierce Healthcare Mark Cuban Cost Plus Drug Company (MCCPDC) has launched its online pharmacy as part of an ongoing effort to provide consumers with low drug prices. The pharmacy claims to offer significant savings, with several prescription drugs reportedly at more than half the cost of [...]
By Michael Browne Source: Supermarket News Hundreds of organizations representing the pharmacy industry, including supermarket pharmacies, are pushing for legislation that they say would stop the abuse of pharmacy price concessions charged by third-party middlemen — known as direct and indirect remuneration (DIR) fees — which have increased 91,500% in [...]