by Five Rivers Rx | Dec 4, 2019 | Competition
Over the last 20 years, the pharmaceutical industry has completely changed due to consolidation – almost always to the detriment of independent pharmacies’ bottom line. Squeezing Profits Through Consolidation It all started with upstream consolidation which...
by Five Rivers Rx | Nov 20, 2019 | Competition
Product access and pricing are always at the center-point of supply chains–and the healthcare supply chain is no different. Last month, the FTC ruled that Benco Dental Supply Company and Patterson Companies, Inc. violated anti-trust activities. The ruling stemmed from...
by Five Rivers Rx | Oct 23, 2019 | Competition
It’s a matter of time until drone delivery of prescription drugs becomes the norm. The two largest major pharmacy retailers, CVS & Walgreens, have officially committed to drone delivery. Drone delivery of pharmaceuticals makes for an interesting concept simply...
by Five Rivers Rx | Sep 25, 2019 | Competition
Amazon’s PillPack is fighting battles everyday, as it tries to wrest revenue, profit, and valuation from deeply entrenched players in this (mostly) zero-sum game. However, as with everything else: you win some and you lose some. Below is a recount on some of the...
by Five Rivers Rx | Jan 15, 2019 | Competition, Industry News
Background Five Rivers RX first released the story of the four major hospitals announcing that they’re coming together to launch a drug manufacturer in March of 2018 (click here for the article). Less than a year later, Civica is officially chartered,...
by Five Rivers Rx | Dec 12, 2018 | Competition, Industry News
CVS & Walgreens, like independent retail pharmacies, are facing immediate pressure from all fronts: reimbursements from PBMs, retail sales from Amazon, and losing volume to growing mail-order pharmacies (Amazon/PillPack, PBM pharmacies). As such, they have adopted...
