Gunn & Richards
VIALS.com Newsletter
June 2008
Gunn & Richards wants to help keep you up to date on pharmacy and prescription packaging issues that impact your business.
America's Best Drugstores
 
A recent Consumer Reports study asked more than 40,000 readers to rate service, speed, and advice at U.S. pharmacies. 
 
Receiving top scores were indpendent drugstores, followed by Medicine Shoppe, and several supermarket pharmacies.  Lowest rated included RiteAid and Wal-mart.  Read more>
Prescription for Store Closures?
 
An economic impact study of the Deficit Reduction Act (DRA) finds that 11,105 pharmacies across the country could close due to reductions in the Medicaid reimbursement rate, well below their cost to fill prescriptions.
 
The report, released jointly by the National Association of Chain Drug Stores (NACDS) and the Food Marketing Institute (FMI), analyzed the potential impact of the DRA on pharmacies.  Read more>
 
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Helpful Information
Did you know?

The average independent pharmacy faces competition from 21 pharmacies. (Source: PriceWaterhouseCoopers)