CVS switches to e-prescribing tool
Woonsocket, R.I. CVS Caremark Corp. plans to partner with electronic health-records maker Allscripts-Misys Healthcare Solutions, and begin switching clients to Allscripts’ e-prescribing tool.
CVS will stop offering its iScribe prescription tool and transition thousands of clients to products made by Allscripts. E-prescribing allows physicians to send prescriptions directly to a pharmacy by e-mail, and gives the physician information about potential drug interactions and the patient’s health insurance. They can also use it to follow up with patients about unfilled prescriptions.
CVS said current iScribe users will have the opportunity to switch to a full electronic health-record system made by Allscripts. That would allow the customers to qualify for up to $64,000 in federal economic stimulus funding starting in 2011.
Dollar General names former CVS exec to board
GOODLETTSVILLE, Tenn. Dollar General David Rickard to its board of directors.
Rickard served as EVP, chief financial officer and chief administrative officer of CVS Caremark Corporation and CVS Pharmacy from September 1999 until December 2009. Prior to joining CVS Caremark, Rickard was the SVP and chief financial officer of RJR Nabisco Holdings Corporation from 1997 to 1999.
“We are pleased to welcome such a retail veteran to our board,” said Rick Dreiling, Dollar General’s chairman and CEO. “Dave’s years of experience and diverse retail industry background will be an asset to the Dollar General board. We are certain that his expertise will serve Dollar General well as we work to move the company forward.”
TWE reports December comps decline
ALBANY, N.Y. Trans World Entertainment reported a comparable-store sales decrease of 5% for the five-week period ended Jan. 2.
For the nine-week period ended Jan.2, comparable-store sales decreased 8%. Total sales for the nine-week period were $241 million compared with $287 million for the same period last year, a decrease of 16%.
For the eleven-month period ended Jan. 2, comparable-store sales decreased 10%. Total sales for the period decreased 18% to $760 million compared with $930 million during the same period last year.