Independent Pharmacy
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Independent Pharmacy
An independent pharmacy is a retail pharmacy that is not directly affiliated with any chain of pharmacies and is not owned (or operated) by a publicly traded company. Independent pharmacies are pharmacist-owned, privately held businesses in varying practice settings. They include single-store operations, pharmacist-owned multiple store locations, franchise, compounding, long-term care (LTC), specialty, and supermarket pharmacy operation. Independent pharmacy owners generally have more flexibility to build personalized customer relationships and they strive to differentiate their services from big-chain corporations. In 2010, there were 23,064 independent pharmacies in the U.S.2011 NCPA-Pfizer Digest Executive Summary Independent pharmacies dispensed approximately 1.5 billion prescriptions annually accounting for nearly 40% of the retail prescriptions. The average independent pharmacy had total sales of approximately $4 million and average prescription sales of approximately $3.7 ...
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Pharmacy
Pharmacy is the science and practice of discovering, producing, preparing, dispensing, reviewing and monitoring medications, aiming to ensure the safe, effective, and affordable use of medication, medicines. It is a miscellaneous science as it links health sciences with pharmaceutical sciences and natural sciences. The professional practice is becoming more clinically oriented as most of the drugs are now manufactured by pharmaceutical industries. Based on the setting, pharmacy practice is either classified as community or institutional pharmacy. Providing direct patient care in the community of institutional pharmacies is considered clinical pharmacy. The scope of pharmacy practice includes more traditional roles such as compounding and dispensing of medications. It also includes more modern services related to health care including clinical services, reviewing medications for safety and efficacy, and providing drug information with patient counselling. Pharmacists, therefore, ...
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Vaccine
A vaccine is a biological Dosage form, preparation that provides active acquired immunity to a particular infectious disease, infectious or cancer, malignant disease. The safety and effectiveness of vaccines has been widely studied and verified. A vaccine typically contains an agent that resembles a disease-causing microorganism and is often made from weakened or killed forms of the microbe, its toxins, or one of its surface proteins. The agent stimulates the body's immune system to recognize the agent as a threat, destroy it, and recognize further and destroy any of the microorganisms associated with that agent that it may encounter in the future. Vaccines can be prophylaxis, prophylactic (to prevent or alleviate the effects of a future infection by a natural or "wild" pathogen), or therapeutic vaccines, therapeutic (to fight a disease that has already occurred, such as cancer vaccine, cancer). Some vaccines offer full sterilizing immunity, in which infection is prevented. T ...
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Pharmacy Benefit Management
In the United States, a pharmacy benefit manager (PBM) is a third-party administrator of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans. PBMs operate inside of integrated healthcare systems (e.g., Kaiser Permanente or Veterans Health Administration), as part of retail pharmacies (e.g., CVS Pharmacy), and as part of insurance companies (e.g., UnitedHealth Group). The role of pharmacy benefit managers includes managing formularies, maintaining a pharmacy network, setting up rebate payments to pharmacies, processing prescription drug claims, providing mail order services, and managing drug use. PBMs play a role as the middlemen between pharmacies, drug manufacturers, wholesalers, and health insurance plan companies. As of 2023, PBMs managed pharmacy benefits for 275 million Americans and the three largest PBMs in the US, CVS Caremark, C ...
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Medicine Shoppe
Rexall Pharmacy Group ULC is a chain of retail pharmacies in Canada. Founded in 1904, Rexall has almost 400 pharmacies across Canada with 8,000 employees. History Rexall was founded in 1904 during the early days of the United Drug Company and quickly established itself as a major retail pharmacy chain. At the same time, Tamblyn Drugs was establishing itself in Toronto, Ontario, and would eventually become Pharma Plus. These two companies would later merge to form the Rexall Pharmacy Group. McKesson Canada purchased Rexall in December 2016 for $3 billion from the Katz Group of Companies. At the time, it was estimated that Rexall had an average annual revenue of approximately $2.0 to $2.5 billion. Around this period, one of the major rival pharmacies in Canada was Shoppers Drug Mart. In 2018, the president of Rexall at that point, Beth Newlands Campbell, announced that the Pharma Plus brand would be discontinued and all stores would be converted to Rexall in order to create a ...
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Health Mart
Health Mart is an independent pharmacy franchise with more than 5,000 member pharmacies across all 50 states. Each pharmacy is locally owned and operated, allowing Health Mart pharmacy owners to tailor their offerings to the specific communities they serve. The Health Mart franchise is owned by Health Mart Systems, Inc., which is part of McKesson Corporation. History In 1996, McKesson Corporation acquired FoxMeyer drug company. With this acquisition came the Health Mart franchise, which started with several hundred pharmacies. Since McKesson's acquisition of Health Mart, the franchise has expanded rapidly and received many awards from leading pharmaceutical industry publications. Awards/Recognition In 2007, Health Mart was named "Chain of the Year" by Drug Topics. In 2011, Health Mart topped traditional chain drug stores in terms of pharmacy customer satisfaction in a JD Power study. In 2013, Health Mart was recognized by Drug Store News as the nation's largest independe ...
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Good Neighbor Pharmacy
Good Neighbor Pharmacy is an American retailers' cooperative network of independently owned and operated pharmacies. It has a business affiliation with Cencora, which sponsors the network and owns the name "Good Neighbor Pharmacy". Good Neighbor Pharmacy received the highest overall score in pharmacy customer satisfaction in the J.D. Power and Associates J.D. Power is an American data analytics, software, and consumer intelligence company founded in 1968. The company specializes in the use of big data, artificial intelligence, and algorithmic models examining consumer behavior. The firm's busine ... 2010 and 2011 National Pharmacy Studies. Good Neighbor Pharmacy has also ranked #1 for two years running in Newsweek's “America's Best Customer Service” for the brick and mortar pharmacies and drugstores category. References External linksMyGNP.com Pharmacies of the United States Retailers' cooperatives in the United States {{US-retail-company-stub ...
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Todd Marks
Todd Marks is an American businessman and computer programmer. Marks, a 40 under 40 and 2x EY Entrepreneur of the Year Nominee, is the teacher-turned-technologist founder and CEO of Mindgrub Technologies. Mindgrub, voted CRTC's Tech Company of the Year and placing #520 on the Inc 500/5000, is a mobile, social and web app consultancy, working with companies and organizations in a variety of industries to bring their brand to digital. Mindgrub has won several awards and is considered a tech market leader, working with clients like Exelon, GraphicAudio, Under Armour, The Universities at Shady Grove, UMBC, Phillips, Wendy’s, AOL, and Yamaha. Marks was a ''Baltimore Business Journal'' honoree of 40 Under 40, a two-time nominee for the EY Entrepreneur of the Year Award, a Baltimore Visionary named by ''Baltimore Magazine'', and was elected to the board of directors for the Northeastern Maryland Tech Council (NMTC). Marks has written and contributed to a number of books including F ...
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Vitamin
Vitamins are Organic compound, organic molecules (or a set of closely related molecules called vitamer, vitamers) that are essential to an organism in small quantities for proper metabolism, metabolic function. Nutrient#Essential nutrients, Essential nutrients cannot be biosynthesis, synthesized in the organism in sufficient quantities for survival, and therefore must be obtained through the Diet (nutrition), diet. For example, vitamin C can be synthesized by some species but not by others; it is not considered a vitamin in the first instance but is in the second. Most vitamins are not single molecules, but groups of related molecules called vitamers. For example, there are eight vitamers of vitamin E: four tocopherols and four tocotrienols. The term ''vitamin'' does not include the three other groups of essential nutrients: mineral (nutrient), minerals, essential fatty acids, and essential amino acids. Major health organizations list thirteen vitamins: * Vitamin A (all-' ...
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Antacid
An antacid is a substance which neutralization (chemistry), neutralizes gastric acid, stomach acidity and is used to relieve heartburn, indigestion, or an upset stomach. Some antacids have been used in the treatment of constipation and diarrhea. Marketed antacids contain Salt (chemistry), salts of aluminum, calcium, magnesium, or sodium. Some preparations contain a combination of two Salt (chemistry), salts, such as magnesium carbonate and aluminum hydroxide (e.g., hydrotalcite). Medical uses Antacids are available over the counter and are taken by mouth to quickly relieve occasional heartburn, the major symptom of gastroesophageal reflux disease and indigestion. Treatment with antacids alone is Symptomatic treatment, symptomatic and only justified for minor symptoms. Alternative uses for antacids include constipation, diarrhea, hyperphosphatemia, and urinary alkalization. Some antacids are also used as an Adjuvant therapy, adjunct to pancreatic enzyme replacement therapy in th ...
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Pain Management
Pain management is an aspect of medicine and health care involving relief of pain (pain relief, analgesia, pain control) in various dimensions, from acute (medicine), acute and simple to chronic condition, chronic and challenging. Most physicians and other health professionals provide some pain control in the normal course of their practice, and for the more complex instances of pain, they also call on additional help from a specific medical specialty devoted to pain, which is called pain medicine. Pain management often uses a interdisciplinarity, multidisciplinary approach for easing the suffering and improving the quality of life of anyone experiencing pain, whether acute pain or chronic pain. Relieving pain (analgesia) is typically an acute process, while managing chronic pain involves additional complexities and ideally a multidisciplinary approach. A typical multidisciplinary pain management team may include: medical practitioners, pharmacists, clinical psychologists, ph ...
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Stoma (medicine)
In anatomy, a stoma (: stomata or stomas) is any opening in the body. For example, a mouth, a nose, and an anus are natural stomata. Any hollow organ can be manipulated into an artificial stoma as necessary. This includes the esophagus, stomach, duodenum, ileum, colon, pleural cavity, ureters, urinary bladder, and renal pelvis. Such a stoma may be permanent or temporary. Surgical procedures that involve the creation of an artificial stoma have names that typically end with the suffix "-ostomy", and the same names are also often used to refer to the stoma thus created. For example, the word " colostomy" often refers either to an artificial anus or the procedure that creates one. Accordingly, it is not unusual for a stoma to be called an ostomy (plural ostomies), as is the norm in wound, ostomy, and continence nursing. Gastrointestinal stomata Stomata are created in particular in surgical procedures involving the gastrointestinal tract (GIT) or gastrointestinal system (GIS) ...
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Intravenous Therapy
Intravenous therapy (abbreviated as IV therapy) is a medical technique that administers fluids, medications and nutrients directly into a person's vein. The intravenous route of administration is commonly used for rehydration or to provide nutrients for those who cannot, or will not—due to reduced mental states or otherwise—consume food or water per os, by mouth. It may also be used to administer pharmaceutical drug, medications or other medical therapy such as blood transfusion, blood products or electrolytes to correct electrolyte imbalances. Attempts at providing intravenous therapy have been recorded as early as the 1400s, but the practice did not become widespread until the 1900s after the development of techniques for safe, effective use. The intravenous route is the fastest way to deliver medications and fluid replacement throughout the body as they are introduced directly into the circulatory system and thus quickly distributed. For this reason, the intravenous route ...
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