"We can serve payers very effectively from the footprint that remains," CEO Tim Wentworth says of the coming Walgreens closures.| www.cbsnews.com
Drug transactions are controlled by middlemen who are owned by huge health conglomerates that also own big insurers. And a new report says that those companies often list hundreds of different prices for the same drug, some that are 51 times as much as others.| Ohio Capital Journal
The Federal Trade Commission this morning released an interim report saying that sprawling health care conglomerates are driving out competition in the pharmacy sector and appear to be increasing prices in the process.| Ohio Capital Journal
Several signs indicate that Rite Aid will close more than 300 pharmacies in Ohio and Michigan in the coming weeks. The news is especially concerning because many Rite Aid stores are in small communities where closures will have a big impact.| Ohio Capital Journal