CEO SUMMARY: Pharmaceutical companies may be posting strong growth in revenue and profits. But that’s not true for the nation’s largest retail pharmacy chains. Rite Aid’s Chapter 11 bankruptcy filing earlier this month put a spotlight on financial stress at all the retail pharmacy chains. This news was matched by the release of a survey […]
Hospitals, Pharmacies Struggle to Be Profitable
Rite Aid files bankruptcy while survey of hospitals in Washington State reveals large operating losses
- By Robert Michel
- > From the Volume XXX, Number 15 - October 23, 2023 Issue
- Tags: acquisitions, Amazon PillPack, Barron’s, Cassie Sauer, chapter 11, CVS Health, Duane Reade, Eric Lewis, Froedtert Health, Geisinger Health, Hall, IDN, integrated delivery networks, Kaiser Permanente, KUOW, lab intelligence, Medicaid, mergers, PBM, pharmaceutical companies, Pharmacies, pharmacy benefit manager, pharmacy chains, Presbyterian Healthcare, Risant Health, Rite Aid, Services, Sparrow Health, ThedaCare, UnityPoint Health, University of Michigan Health, UPMC, Walgreens, Washington Health System, Washington State Hospital Association, WSHA
