Pharmacy Technician Pulse

Pharmacy Membership Model May Result in Better Patient Care, Financial Feasibility

Drug Topics

APRIL 1, 2024

In comparison with the traditional volume-based pharmacy model, the membership model decreases financial barriers while increasing customer-pharmacist relationships.

Patient Care

Humana downplays higher medical costs while riding wave of MA membership growth

Fierce Healthcare

AUGUST 2, 2023

Humana’s flourishing Medicare Advantage numbers didn’t slow down in the second quarter, leading the Louisville-based insurer to again raise its 2023 membership expectations and maintain an upbeat d | The insurer beat the street with a nearly 40% year-over-year increase in net income and a 13% bump in revenue.

Insurance

Amazon offers healthcare services through One Medical as a Prime membership add-on

Fierce Healthcare

NOVEMBER 8, 2023

Building on its One Medical deal, Amazon is now offering a One Medical for Prime membership, including 24/7 virtual care, for $9 per month, or $99 a year. Amazon's push into healthcare has focused on making medical services more affordable and convenient.

Walmart+ celebrates new mothers with membership giveaway

Drug Store News

APRIL 25, 2023

The ‘Mother of All Savings Memberships’ campaign features Cardi B, Stephanie Beatriz, Janelle James and Jenny Slate.

The Benefits of Pharmig Membership in 2023

Pharmig

DECEMBER 15, 2022

The post The Benefits of Pharmig Membership in 2023 appeared first on Pharmig. In the pharmaceutical, healthcare, cosmetics, and NHS industries, Pharmig is a non-profit professional organisation that promotes the interests of people who work in, are in charge of, or collaborate with microbiology. It was founded in 1991.

Humana posts stronger-than-expected Q1 earnings with robust membership growth

Fierce Healthcare

APRIL 26, 2023

Humana posts stronger-than-expected Q1 earnings with robust membership growth hlandi Wed, 04/26/2023 - 07:30

Building Patient Loyalty: Creating a Pharmacy Membership Program

DiversifyRx

NOVEMBER 30, 2023

My bold statement: every pharmacy owner would benefit by offering a pharmacy membership program. One effective technique to achieve both of these goals is to establish a pharmacy membership program. To create a pharmacy membership program of this magnitude, you’ll first need to know what elements make such programs successful.

Communication

Communication Packaging Vaccines

The Power of Monthly Recurring Revenue (MRR) Memberships for Independent Pharmacies

DiversifyRx

SEPTEMBER 15, 2023

Monthly Recurring Revenue (MRR) Memberships serve as an ideal solution for pharmacies that want to generate a stable and predictable income stream. As an independent pharmacy owner, you’ve likely heard of M onthly Recurring Revenue (MRR) memberships. The Benefits of Monthly Recurring Revenue (MRR) Memberships 1.

Independent Pharmacies

Independent Pharmacies Insurance

Anthem raises outlook after posting $1.5B in Q3 profit thanks to strong membership boost

Fierce Healthcare

OCTOBER 20, 2021

in Q3 profit thanks to strong membership boost. Anthem raises outlook after posting $1.5B Wed, 10/20/2021 - 07:27.

One Medical raises full-year guidance with surge in membership, confronts high medical loss ratio in Q3

Fierce Healthcare

NOVEMBER 4, 2021

One Medical raises full-year guidance with surge in membership, confronts high medical loss ratio in Q3. Thu, 11/04/2021 - 11:11.

CRN expands membership

Drug Store News

NOVEMBER 20, 2023

The Council for Responsible Nutrition welcomed an array of manufacturers, ingredient suppliers and service providers to its ranks during a particularly active summer.

2022 membership for microbiologists and those working alongside them

Pharmig

DECEMBER 1, 2021

The post 2022 membership for microbiologists and those working alongside them appeared first on Pharmig. It’s now time for Pharmig to look forward into 2022 and update our event portfolio.

JPM23: Humana bounces back from poor MA enrollment showing in 2022, boosts guidance on membership growth

Fierce Healthcare

JANUARY 9, 2023

JPM23: Humana bounces back from poor MA enrollment showing in 2022, boosts guidance on membership growth. Mon, 01/09/2023 - 20:14.

STAT+: Takeda is fourth big company to leave BIO since December

STAT

APRIL 24, 2024

“Takeda decided not to renew its membership with the Biotechnology Innovation Organization at the end of March 2024, aligned with the end of Takeda’s Fiscal Year,” a company spokesperson said.

STAT+: Medicare Advantage membership grows 7% for 2023

STAT

FEBRUARY 17, 2023

million seniors and people with disabilities are now enrolled in a private Medicare plan, known as Medicare Advantage, according to new federal government data analyzed by STAT. That total is 7.1% higher than the 29.1 million people who had a Medicare Advantage plan in 2022.

Insurance

3 Ways Best-in-Class Purchasing Automation Optimizes GPO Membership

Drug Topics

MARCH 27, 2023

As a GPO member, how many hours a week do you eat up in purchasing? You can unify purchasing and inventory into one integrated solution with best-in-class automation. It won’t replace your GPO — it works with your system giving you greater visibility, accountability, insight, convenience and efficiency.

Folx Health announces national, regional payer partnerships to expand access to LGBTQ+ care

Fierce Healthcare

OCTOBER 20, 2023

Until August, Folx operated under a membership model in a lump sum subscription package. It has since been updated to accept insurance as a part of the core membership structure. Folx Health, a virtual provider focused on LGBTQ+ health, is now in-network with Cigna, Evernorth and Blue Shield of California.

Packaging

Packaging Insurance

SmartRx Joins Other Prescription Drug Discount Programs

Drug Topics

JANUARY 19, 2023

A new membership program, SmartRx, offers consumers savings on prescriptions, as well as office visits, eye care, vaccines and pet meds.

Vaccines

Kaiser Permanente reports $4.1B profit, exceeds $100B operating revenues in 2023

Fierce Healthcare

FEBRUARY 12, 2024

billion and more than $100 billion in both operating revenues and expe | The California-based nonprofit noted cost pressures, labor challenges and membership declines but still logged a 0.3% Kaiser Permanente wrapped up its fiscal year with $329 million of operating income (0.3% operating income), net income of $4.1

STAT+: Microsoft is selling AI in health care, and helping to set its standards. Is that a problem?

STAT

APRIL 18, 2024

It supplies these groups — composed of health systems, government regulators, and other health businesses — with top executives to serve on steering committees, technical assistance, money for membership dues, and press releases trumpeting the need to root out bias and ramp up oversight.

Hospitals

BJ’s Wholesale Club releases Q4, full fiscal 2023 results

Drug Store News

MARCH 7, 2024

BJâs strong fourth quarter caps a year underpinned by membership, traffic and market share growth.

Takeda ditches industry trade group BIO following exits by WuXi AppTec, Pfizer and UCB

Fierce Pharma

APRIL 25, 2024

Joining a list that recently includes Pfizer, UCB and WuXi AppTec, Takeda Pharmaceuticals is the latest drugmaker to pull out of prominent industry lobbying group the Biotechnology Innovation Organ | The company opted not to renew its Biotechnology Innovation Organization (BIO) membership for its next fiscal year.

After Pfizer's exit, UCB splits from industry trade group BIO

Fierce Pharma

JANUARY 5, 2024

UCB is heading into 2024 with several new approvals under its belt, but it’s leaving its membership in the Biotechnology Innovation Organization (BIO) behind. Both companies opted not to renew their 2024 memberships with the Biotechnology Innovation Organization (BIO).

CVS Pharmacy revamps loyalty program

Drug Store News

JANUARY 5, 2024

CVS Pharmacy's loyalty program now includes two membership tiers: ExtraCare and ExtraCare Plus.

ASHP launches membership org for pharmacy technician workforce

Drug Store News

MAY 22, 2023

The Pharmacy Technician Society will advocate for, advance and support technicians across all practice settings.

Teladoc brings in $660M in Q3 revenue, reaches 90M members as executives focus on boosting bottom line

Fierce Healthcare

OCTOBER 24, 2023

Teladoc's third-quarter revenue grew 8% to reach $660 million, boosted by solid performance in its chronic condition management business and steady membership growth as the company now touts 90 mil | Teladoc's scale, strong financial position and free cash flow performance put the company in a competitive position compared to many virtual (..)

STAT+: Federal regulators, scrambling to keep up with AI in health care, team up with industry to set standards

STAT

MARCH 4, 2024

Its membership — including Microsoft, Google, and many of the nation’s largest academic hospitals — forms a formidable presence in Washington. At first glance, the Coalition for Health AI looks like any technology lobbying group. But on Monday, the coalition forged a different deal with federal regulators.

Hospitals

Hospitals FDA

STAT+: Another major pharma company departs BIO

STAT

JANUARY 4, 2024

UCB, headquartered in Belgium, decided not to renew its BIO membership after a routine evaluation of its engagement in trade associations, said company spokesperson Erica Puntel. WASHINGTON — UCB left BIO at the end of 2023, the second major member company to exit after Pfizer pulled out as well.

Walmart adds program for government assistance recipients to subscription service

Drug Store News

JULY 20, 2023

Walmart+ Assist is a program that offers customers on government assistance 50% off a monthly or annual Walmart+ paid membership plan.

Alignment Healthcare reports $35M loss but eyes long-term market expansion

Fierce Healthcare

NOVEMBER 2, 2023

Alignment Healthcare alluded to future market expansion during a third-quarter earnings call while also highlighting outperformance in membership and adjusted gross profit. Alignment Healthcare is still yet to turn a profit, as the company has recorded a net loss of $35 million in the third quarter, but executives are not sweating just yet.

India joins mission to harmonise pharmacopoeial standards

European Pharmaceutical Review

OCTOBER 6, 2023

India’s membership is “the latest step in the USP’s and PDG’s commitment to expand access to PDG quality standards by approximately 1.3 Eur.) , Japanese Pharmacopoeia (JP), and the US Pharmacopeia (USP) in 1989. Thus, a key aim for the PDG is to harmonise select pharmacopoeial standards. billion people, Venema continued.

Amazon Pharmacy intros RxPass for generic medications

Drug Store News

JANUARY 24, 2023

RxPass is a new Prime membership benefit from Amazon Pharmacy offering patients affordable access to commonly prescribed generic medications for more than 80 common health conditions.

STAT+: Medicare Advantage insurers to repay billions under final federal audit rule

STAT

JANUARY 30, 2023

However, federal officials watered down one of the auditing policies by giving insurers seven years of immunity from having the samples of their diagnosis coding errors extrapolated to their broader Medicare Advantage membership. Continue to STAT+ to read the full story…

Insurance

Insurance Immunization

Costco’s sales on the rise

Drug Store News

SEPTEMBER 1, 2022

The membership warehouse club has revealed that its net sales climbed 15.3% to top $70.8 billion and shoppers rang up $222.7 billion in net sales, a 15.9% increase from fiscal 2021.

STAT+: Leaked version of EFTA-India free trade deal sparks alarm over access to medicines

STAT

FEBRUARY 14, 2024

And while an agreement would only be reached between India and the EFTA — whose membership includes Switzerland, Iceland, Liechtenstein, and Norway — the implications are widespread. This information would not have to be shared with generic companies. As a result, a brand-name drugmaker would obtain an extended monopoly.

STAT+: Teva quits brand lobby PhRMA, in line to lead generic lobby AAM

STAT

FEBRUARY 2, 2023

“ Teva has decided not to renew its membership with PhRMA in 2023,” PhRMA spokesperson Brian Newell confirmed. WASHINGTON — Teva Pharmaceuticals has quit the Pharmaceutical Research and Manufacturers of America, STAT has learned. Continue to STAT+ to read the full story…

Pharmaceutical Microbiology Publications

Pharmig

JANUARY 24, 2023

Our membership options include online training and many other useful benefits. Pharmig provides useful guides, publications and factsheets for the Pharmaceutical sector. The post Pharmaceutical Microbiology Publications appeared first on Pharmig.

Why GPO Member Pharmacies Need Best-in-Class Inventory Automation and How They Can Achieve It

Drug Topics

MARCH 27, 2023

Smarter Inventory for GPO Members: Maximize Your GPO Membership If you’re working with a GPO, best-in-class inventory automation gives your pharmacy more inventory options, more insights into that relationship and more oversight of your wholesaler. It won’t replace your GPO. It empowers you.

BJ’s Wholesale Club moves headquarters to new location

Drug Store News

OCTOBER 11, 2022

The membership warehouse club retailer is now situated at a new state-of-the-art facility within its existing headquarters city of Marlborough, Mass., known as the Club Support Center.

STAT+: In boon for scientists, U.K. strikes deal to join E.U. Horizon research program

STAT

SEPTEMBER 7, 2023

Researchers and business groups have been calling for such a deal for months, warning that without membership, the U.K. ’s landmark Horizon research initiative , a move that will allow British scientists and companies to win funding from and collaborate with their European peers in the $100 billion program.

Costco reports better-than-expected earnings, revenue

Drug Store News

DECEMBER 15, 2023

The results come as the membership warehouse club giant is set to undergo a leadership transition.

Indian Pharmacopoeia Commission Joins Pharmacopoeial Discussion Group

BioPharm

OCTOBER 9, 2023

The commission’s membership will help facilitate reach and impact for standards harmonization.

Tuyet Lien Lam, PharmD, MS Candidate

Blog: Ask a Student Pharmacist

NOVEMBER 27, 2023

Tuyet Lien Lam, PharmD, MS Candidate eomizowh Mon, 11/27/2023 - 12:01 Expand all + Biography Professional Memberships/Affiliations ASHP APhA MNSHP Languages Vietnamese Doctor of Pharmacy , PharmD - University of Utah BS , Biochemistry, Biology, Economics - Utah State University Email lam00166@umn.edu Tuyet Lien Lam Pharmaceutical Care & Health Systems (..)

Cutting Out the Middleman

PioneerRx

MARCH 1, 2023

Kyle McCormick had been dreaming of opening his own pharmacy and implementing a cost-plus membership model aimed to save his patients money by cutting.…

Pharmacy Membership Model May Result in Better Patient Care, Financial Feasibility

Humana downplays higher medical costs while riding wave of MA membership growth

Trending Sources

Amazon offers healthcare services through One Medical as a Prime membership add-on

Walmart+ celebrates new mothers with membership giveaway

The Benefits of Pharmig Membership in 2023

Humana posts stronger-than-expected Q1 earnings with robust membership growth

Building Patient Loyalty: Creating a Pharmacy Membership Program

The Power of Monthly Recurring Revenue (MRR) Memberships for Independent Pharmacies

Anthem raises outlook after posting $1.5B in Q3 profit thanks to strong membership boost

One Medical raises full-year guidance with surge in membership, confronts high medical loss ratio in Q3

CRN expands membership

2022 membership for microbiologists and those working alongside them

JPM23: Humana bounces back from poor MA enrollment showing in 2022, boosts guidance on membership growth

STAT+: Takeda is fourth big company to leave BIO since December

STAT+: Medicare Advantage membership grows 7% for 2023

3 Ways Best-in-Class Purchasing Automation Optimizes GPO Membership

Folx Health announces national, regional payer partnerships to expand access to LGBTQ+ care

SmartRx Joins Other Prescription Drug Discount Programs

Kaiser Permanente reports $4.1B profit, exceeds $100B operating revenues in 2023

STAT+: Microsoft is selling AI in health care, and helping to set its standards. Is that a problem?

BJ’s Wholesale Club releases Q4, full fiscal 2023 results

Takeda ditches industry trade group BIO following exits by WuXi AppTec, Pfizer and UCB

After Pfizer's exit, UCB splits from industry trade group BIO

CVS Pharmacy revamps loyalty program

ASHP launches membership org for pharmacy technician workforce

Teladoc brings in $660M in Q3 revenue, reaches 90M members as executives focus on boosting bottom line

STAT+: Federal regulators, scrambling to keep up with AI in health care, team up with industry to set standards

STAT+: Another major pharma company departs BIO

Walmart adds program for government assistance recipients to subscription service

Alignment Healthcare reports $35M loss but eyes long-term market expansion

India joins mission to harmonise pharmacopoeial standards

Amazon Pharmacy intros RxPass for generic medications

STAT+: Medicare Advantage insurers to repay billions under final federal audit rule

Costco’s sales on the rise

STAT+: Leaked version of EFTA-India free trade deal sparks alarm over access to medicines

STAT+: Teva quits brand lobby PhRMA, in line to lead generic lobby AAM

Pharmaceutical Microbiology Publications

Why GPO Member Pharmacies Need Best-in-Class Inventory Automation and How They Can Achieve It

BJ’s Wholesale Club moves headquarters to new location

STAT+: In boon for scientists, U.K. strikes deal to join E.U. Horizon research program

Costco reports better-than-expected earnings, revenue

Indian Pharmacopoeia Commission Joins Pharmacopoeial Discussion Group

Tuyet Lien Lam, PharmD, MS Candidate

Cutting Out the Middleman

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