Corporate middlemen are slashing reimbursement rates below wholesale cost, causing financial pressure on pharmacies in various communities across Michigan.

1 report, 1 independent Updated Sep 3

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Michigan Walgreens Rite Aid

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Part of

PBM reimbursement practices are causing financial pressure on pharmacies in Michigan. All 1 developments

The entities involved

Michigan
state of the United States of America
- The state of Michigan is providing grant funding to support manufacturing expansions and mixed-use redevelopment in the St. Clair/Port Huron area.Mon 16:49
- Geotab is expanding its operations in Michigan, supported by state grants and programs.Mon 16:49
Walgreens
American pharmacy and convenience store chain
- Dividend cuts were announced for both Walgreens and Intel due to tracking requirements under the VYM index.Thu 00:25
- Walgreens and Kroger businesses are located along the main commercial corridor of Randolph Avenue in Elkins.Wed 09:11
Rite Aid
American drugstore chain
- Rite Aid stores closed in Lockport, where Abbott operates. The closure is linked to David Adams and Kim Johnson, who are cousins.Fri 05:50
- Local health and retail developments in Saginaw include Covenant HealthCare expansion and Rite Aid property status.Wed 03:57

Coverage

Newest first; wire copies grouped

Sep 3wtvbam.com