What the Hell !!! Sorry to post so soon but Mr. Mayer has made me just a little mad.(Drug Topics Final Word February 2012) How dare he suggest Walgreen's CEO get the Remington medal. Has he lost his freaking mind! Let's review.
Walgreen's takes a stand on ESI because they are not paying them enough money. They don't pay the rest of us enough money. I would love to tell ESI to kiss my butt but I don't have wall street giving me butt loads of cash to keep my store open, nor do I have crap from China on my shelf to sell to my customers at 300% percent profit to help keep my doors open. Did I forget to mention that I get about 5% percent of sales off my front end while Walgreen's gets about 70%. Hey Mr. Mayer, did you forget how Walgreen's got it's growth spurt? See one of my first articles about prohibition.
Let's look at your earlier statement in your article shall we. Quote "in 1962, when I opened my pharmacy in Sausalito, Calif., there were 59 independent pharmacies that took care of Marin County, Calif., patients. Now there are 4 independent pharmacies left, partially due to the 3 managed care companies like ESI, who have squeezed the small businesses out of existence." Well Mr. Mayer, how many FREAKING WALGREEN'S and CVS's are in MARIN COUNTY !!! Get real... These guys (chain pharmacies) have advantages over all independents. It's called WALL STREET INVESTORS. I would love to have people give me free money. (Mr. Mayer doesn't even mention what chains have done to independents over the years and their mail order facilities). Did he mention that Walgreen's has doubled their efforts to expand their mail order facilities and their central fill facilities? no? well la tee da... do some research...if you really are president of a consumer advocacy group do some advocating for a change instead of just placating....
Now for some sobering stuff...
If Walgreen's stock suffers...from NOT taking ESI, or from ESI refusing to allow Walgreen's to participate (can you say Rx Ally anyone) then you will see the board of Walgreen's replace management very rapidly. It happens everyday. That is Wall Street reality.
So Mr. Mayer, I agree with you that pharmacists should do what that are trained to do AND get paid for it. HOWEVER ( I know I am shouting, it's the best way to be heard) being stupid and praising Walgreen's isn't the proper way to do it. Just calling the kettle black.
Kris
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