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Chain Pharmacy Looks For Strength In Ties With Pharma, Other Partnerships

Executive Summary

The National Association of Chain Drug Stores is looking to greater collaboration - both within the retail pharmacy sector and with external players - as a way to reclaim lost ground after a tough year in 2005

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Pharmacies unite

Initial agenda items for the Coalition for Community Pharmacy Action, a collaboration of the National Association of Chain Drug Stores and the National Community Pharmacists Association, include remedying Medicaid reimbursement cuts, legislative corrections for Medicare Part D and continued access to local community pharmacies under the military TRICARE program. The two pharmacy organizations unveiled the coalition, which will represent chain and independent pharmacy on common legislative and regulatory issues, on July 20. NACDS previewed the partnership at its annual meeting in the spring (1"The Pink Sheet" May 15, 2006, p. 27). NCPA Senior VP-Government Affairs Charles Sewell and NACDS VP-State Government Affairs Catherine Polley will serve as co-presidents of the coalition...

Pharmacies unite

Initial agenda items for the Coalition for Community Pharmacy Action, a collaboration of the National Association of Chain Drug Stores and the National Community Pharmacists Association, include remedying Medicaid reimbursement cuts, legislative corrections for Medicare Part D and continued access to local community pharmacies under the military TRICARE program. The two pharmacy organizations unveiled the coalition, which will represent chain and independent pharmacy on common legislative and regulatory issues, on July 20. NACDS previewed the partnership at its annual meeting in the spring (1"The Pink Sheet" May 15, 2006, p. 27). NCPA Senior VP-Government Affairs Charles Sewell and NACDS VP-State Government Affairs Catherine Polley will serve as co-presidents of the coalition...

NACDS names interim chief

Robert Hannan, former interim CEO of the National Association of Chain Drug Stores from April-October 1999, will resume that role effective April 3. Outgoing CEO Craig Fuller will resign effective April 7; Fuller's second in command, COO William Sittmann, will also depart effective immediately. A candidate selection committee will be appointed by association Chairman Anthony Civello after May 1. NACDS says it could take up to one year to find a permanent CEO. [Editor's note: "The Pink Sheet" DAILY broke news of Fuller's departure on March 14]...

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