...Personal Statement My passion for pharmacy begun when I took a pharmacy-tech class offered in my high school. I was intrigued about the things I learned in the class; I learned about the different type of drugs, its brand names, its function to the human body, how to calculate dosages, and how one can apply them in the pharmacy field. This gave me the opportunity and curiosity to look farther into the pharmacy field. I took a chemistry course and became interested in the elements and molecules of the periodic table, how it is related and how it is applied in medicine. I took Human Anatomy and Physiology; which captivated me into how the functions of the human body relates to pharmacy. The combination of these two science courses gave me the curiosity in learning more about pharmacy....
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...After many years of being indecisive on what I was going to major in, the summer before senior year I chose pharmacy as the career path I wanted to pursue. Many aspects of becoming a pharmacist appeal to me including continuing to learn every day, working with many types of patients, and providing clinical services to those who need them. I also know I have the capabilities to do these tasks well and passionately. I am also minoring in Spanish, which will be greatly beneficial as there is a growing population of American citizens whose English speaking abilities are minimal. During fall semester of my third year in the pre-pharmacy program, when I apply into the professional program at NDSU, I will additionally apply to the programs at South...
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...especially true in a pharmacy setting. Not only will this system have to comply to HIPAA privacy policies, it will have to both convenient and accurate. Process of selection The first step in this task would be to form two committees. One would be responsible for overseeing the process, helping to provide guidance on specific policies that may be required and being responsible for allocating expenditures along with finalizing or making major decisions. The other committee would be responsible for determining the need for the system, based on the company’s goals and mission statement. This team is also responsible for the evaluation of the system requirements for a variety of systems. Vendor proposals are also directed to this team along with the training of personal when the system is chosen. Once the system is chosen it is then important to determine how the system will be introduced, If it is a more complex system it may take multiple phases in order to adequately train the personal how to use it efficiently. Finally once the type of system is chosen then it is time to request information and proposals from the vendors. It is also wise here to ask consumer groups for their input on how efficient the system is (Neal, 1993). Goals Impact A company’s goals and standard operational procedure can greatly influence the type of IT system needed so it is important to clarify all SOPs and goals the company wishes to adhere too. For example A hospital pharmacy may need a more...
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...Sarah Lin Analyzing an Annual Report Walgreens 2013 Annual Report Analysis Walgreens is the largest pharmacy retail chain in the United States since 1901. It had 2013 net sales for $72.2 billion and net earnings for $2.5 billion. The company has 248,000 employees, and 8,582 locations in the world. Walgreens provides access to consumer goods and services, plus pharmacy, photo studio, health and wellness services in the United States .The mission statement of Walgreens is about more than just drugs for sick people and positions the company as a retailer of wellness. At Walgreens, everything is designed to help people get, stay and live well. In its 2013 annual report, Walgreens : features personal stories and photos of shoppers who had satisfied experiences with Walgreens to show investors that Walgreens create a Well Experience by transforming the customer service across all touch points, channels and formats; Highlights in text and photos how people benefits with Walgreens health services to show investors that Walgreens transform the role of community pharmacy to take social responsibility ; and emphasizes in text and photos Walgreens’ international reach to show investors that company has established an efficient global platform. By focusing efforts on these strategies, Walgreens is restoring the traditional drugstore model for its success. Walgreens use personal stories and photos of shoppers who had satisfied experiences with Walgreens to show investors that Walgreens...
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...Ethical Responsibility in Pharmacy Practice Robert A. Buerki, Ph.D. Professor Division of Pharmacy Practice and Administration The Ohio State University Louis D. Vottero, M.S. Professor of Pharmacy Emeritus Ohio Northern University American Institute of the History of Pharmacy Madison, Wisconsin 2002 Acknowledgments: Pages 208-10: "Principles of Medical Ethics" and "Fundamental Elements of the Patient-Physician Relationship," reprinted with permission from the Code of Medical Ethics, American Medical Association, © 1994 and © 2000. AMA logo reprinted with the permission of the American Medical Association. © 2002 American Medical Association. Usage of the AMA logo does not imply an endorsement of the non-AMA material found in this book. Page 211: "Code of Ethics for Nurses with Interpretive Statements," reprinted with permission from the American Nurses Association, © 2001 American Nurses Publishing, American Nurses Foundation/American Nurses Association, Washington, D.C. Pages 212-15: "A Patient's Bill of Rights," reprinted with permission of the American Hospital Association, © 1992. Pages 216-17: "Pharmacy Patient's Bill of Rights," reprinted with permission of the National Association of Boards of Pharmacy. On the cover: The "triad of medical care" has been the basis for the ethical relationship between the pharmacist, the physician, and the patient for centuries. In the background, an early depiction of the triad from Book 7 of the encyclopedia...
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...States’ largest pharmacy health care provider. Their mission is to reinvent pharmacy to having a more active, supportive role in each person’s unique health experience and in the greater health care environment—from advising on prescriptions to helping manage chronic and specialty conditions to providing quality walk-in medical care and pharmacy benefits management. CVS Health opened its first store in 1963 and was known as Consumer Value Stores. They then sold health and beauty products. The company was founded in Lowell, Mass. by brothers Stanley and Sidney Goldstein, and partner Ralph Hoagland. Throughout the 60s they grew to 17 stores and opened their first store with a pharmacy department. During the 1970s, they grew to over 200 stores, acquiring stores from Clinton Drug & Discount and Mack Drugstores; they also hit $100 million in annual sales in 1974. In the 1980s they broke ground on the store support center in Woonsocket, RI, which still in 2015 is where their company headquarters belongs. By the end of the 1980s they had nearly 750 stores and had reached $1.6 billion in sales. In the 90s they had acquired more than 3200 stores from Arbor Drugstores, People’s Drug, and “the largest acquisition in the history of the U.S. retail pharmacy industry” from Pevco. They now claimed stores in the Midwest along with the east coast and were breaking ground in the south. In this time frame they also launched the program known as Pharmacare, a pharmacy benefit management...
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...patient, for privacy reasons he does not want his identity to be known, to sue Anthem Blue Cross for discrimination. I will discuss the issues and its significance on the most effected population of the policy change, the arguments or facts used to support a proposed solution with Anthem Blue Cross and the Consumer Watchdog group, and the ethical and legal issues reported for administration. I also will explain the managerial responsibilities related to administrative ethical issues, and identify any proposed solutions. Anthem Blue Cross had informed its policyholders that their medications will be only be available by mail if they want them to be paid for. That means patients cannot directly communicate with their pharmacists on a personal basis and pick up their prescriptions at their discretion. HIV/AIDS patients believe that their relationship with their pharmacist is critical to their health care, especially in San Francisco where there are some of the most knowledgeable pharmacists on HIV/AIDS in the whole country. That information had some in the HIV/AIDS community unquestionably upset. A patient, Jon Doe for privacy reasons is working with a Consumer Watchdog group to sue Anthem Blue Cross because he says the new rules are discriminatory and illegal. The Consumer Watchdog group believes this is a classic case of Anthem Blue Cross treating...
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...Fatima Naqvi FIN403 FSAP Company description: In 1963, Stanley brothers, Sidney Goldstein and partner Ralph Hoagland started a store selling health and beauty products. The store was located in Massachusetts, and was called CVS for Consumer value stores. Since then it has become the second largest pharmacy chain with more than 7,600 stores all over United States. CVS is known for selling prescription drugs, general merchandise, seasonal merchandise, and convenience food all over the stores and online via CVS.com. The company also provides healthcare services located within CVS stores. CVS is known for having a broad variety of products and one of the leading drugstore chains. It is also known to be the largest employer of pharmacists and nurse practitioners. Stores are very customer friendly and are easy to approach and shop. The company has strong brand equity. The website also hold a large variety as well as providing tips for using a product. CVS is one of the few companies to be loyal and strong about CSR (corporate social responsibility). Though the revenue is growing, CVS still seem to have instability in the growth of the stores. The different locations have had many cases of armed robberies and there are no efforts into putting more security. There are few cases of government regulations and lawsuits that the company has faced as well. CVS has a lot of potential and has many opportunities to become bigger and better company. It could expand and improve their...
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...American Intercontinental University Hector A. Paredes Professor: Dr. Dyrren Davis “Dr D” MGMT 680 Individual Project # 3 September 1, 2015 Executive Summary The primary intent of this paper is to compare the current strategy and operational approaches for two pharmacy retail stores such as Walmart and Walgreens chain stores. A SWOT analysis for both companies is bellow in table. My understanding after the initial study / investigation is that Walgreens has chosen to be conservative with their strategy in increasing their customer reach, market and base by a more organic growth than Walmart which growth approach is to rapidly build small and large supercenters on major neighborhoods in the United States and key cities around the world. The main strategy reporting evidence that reflect these two companies operational growth is mainly reflected in each financial statement that shows profit and loses for each company and their reinvestment percentage into each one. The financial analyses display the result of each company decisions to their market growth approach and impact on investment. Because of their more conservative stand and minimum risk taken by Walgreen’s, their operations model seems more solid and better prepare to accept their rate of growth in contrast to Walmart aggressive scheduled and...
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...UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2014 OR Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-01011 CVS HEALTH CORPORATION (Exact name of Registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) One CVS Drive, Woonsocket, Rhode Island (Address of principal executive offices) 05-0494040 (I.R.S. Employer Identification No.) 02895 (Zip Code) (401) 765-1500 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Exchange Act: Common Stock, par value $0.01 per share Title of each class New York Stock Exchange Name of each exchange on which registered Securities registered pursuant to Section 12(g) of the Exchange Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for...
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...We will utilize the Professional Compounding Centers of America, or PCCA, in order to help accomplish this goal. This organization offers many important benefits to compounding pharmacies in all stages of their development. Our employees will be trained by PCCA, which will hone their working knowledge of USP <797>, crucial guidelines that every compounding pharmacy must follow. In addition to training, PCCA will serve as our supplier, which will ensure quality products with which to compound. Furthermore, we will have access to numerous formulas that are specific to PCCA, which will greatly benefit our operation. The number of patients needing compounded prescriptions has risen in recent years, and we aim to capitalize on this growing demand. Our patient population will largely consist of patients from the clinics of Baptist, but we hope to expand our patient base to include anyone that could benefit from our unique approach to compounding; we are willing to expand our supply of compounded products as our patient population grows and changes. Most independent pharmacies offer some compounding services, so we will face some competition. However, our reliable, quality products and in depth counseling will hopefully overcome this competition. In order to compete with other pharmacies,...
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...related provisions, fraud and abuse control, revenue and offset provisions, group health plan requirements, and administrative simplification requirements (Physicians Billing Associates International, 2006). The HIPPA act was put into place as a standard law used to protect a patient’s personal health and medical records nationwide. This act was created to help health care workers to keep better control of a patient’s personal information. HIPPA has a privacy rule that concerns an individual’s health plans; the rule helps to provide health care workers information that would be needed to transmit an individual’s vision, health, prescription, and any other type of medical information safely. This essay will discuss how Rite Aid pharmacy informs customers of how his or her personal information is disclosed and how he or she is protected against violations of their rights, ensuring customers that his or her information will continue to remain to stay protected and that the HIPPA privacy laws are continued to be followed. As well as the law suit that arose where Rite Aid agreed to pay $1 million dollars to settle a HIPAA privacy case (Physicians Billing Associates International, 2006). The Rite Aid pharmacy recently put out an updated article concerning patient privacy. The notice...
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...(for example, with newsletters) • Engaging in pretail for launching new products and services In the United States, some electronic commerce activities are regulated by the Federal Trade Commission (FTC). These activities include the use of commercial e-mails, online advertising and consumer privacy. The CAN-SPAM Act of 2003 establishes national standards for direct marketing over e-mail. The Federal Trade Commission Act regulates all forms of advertising, including online advertising, and states that advertising must be truthful and non-deceptive.[27] Using its authority under Section 5 of the FTC Act, which prohibits unfair or deceptive practices, the FTC has brought a number of cases to enforce the promises in corporate privacy statements, including promises about the security of...
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...Walgreens Overview Walgreens Co., America’s premier pharmacy is what Charles R. Walgreen called his neighborhood drugstore that has grown into a nationally recognized fortune 500 company. Charles R Walgreen was born in Galesburg, a small town in Illinois, but shortly relocated to a town sixty miles away named, Dixon, Illinois. Dixon is where the dream of Walgreens Co. began. At the age of sixteen years old, working in a factory, Charles cut off the top of his middle finger and ended his athletic career. This led him to take a job at Horton’s Drug Store in Dixon, Illinois. Charles absolutely despised this job but needed to do something to get him through school. Once school was out, in 1893 Walgreen relocated to Chicago, Illinois where he discovered that the drugstore industry wasn’t so bad after all. Walgreen gained knowledge from some of the best pharmacist known to man, Samuel Resenfield, Max Grieben, William G Valentine, and Isaac W Blood. While working with pharmacist he discovered that maybe working for Horton’s Drug Store all of those years ago was going to pay off. Charles realized that in the Chicago area the pharmacy/drugstore was very prominent and that he needed to do something to stand out. When it came to a drugstore/pharmacy consumers had many choices in the Chicago area. In 1901, he had saved up enough money to put a down payment of his own pharmacy. “Walgreen’s drugstore was located in Barrett’s Hotel at Cottage Grove ad Bowen Avenue on Chicago’s...
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...A few years ago PharmaCARE’s study showed the AD23 would also slow the advancement of Alzheimer’s disease. This led John and the other pharmacologists that he led to reformulate the drug to capitalize on its outcome. To evade the Food and Drug Administration’s (FDA) inspection, PharmaCARE founded an exclusively held company, CompCARE, to function as a compounding pharmacy. This company would retail the new invention to people by prescription only. CompCARE profited from PharmaCARE’s standing, records, systems, and trades and marketing skill, and within several months the health community was talking about AD23. Response was good, mainly amongst Medicare, Medicaid, and Veterans Affairs patients. Realizing the chance to get additional income, CompCARE started marketing AD23 straight to customers and promoting AD23 right to clinics, hospitals, and physician offices, although compounding pharmacies are not allowed to market medicines in large qualities for common use. To dodge this provision, CompCARE pushed doctors to give them fabricated patient names. As time passed, PharmaCARE sold CompCARE to WellCo, a big pharmacy company, a little while before AD23 was connected to over 200 heart attack deaths. CompCARE and its new establishment revel in best ever earnings and PharmaCARE’s stock price came close to 300 dollars per share. Individuals who used AD23 appeared to be having cardiac arrest at a...
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