CVS Taps Pharmacy Leader To ‘Enhance’ Health Hub Store Formats
Signage at a CVS Pharmacy retailer in San Francisco, California, U.S., on Monday, Aug. 2, 2021. … [+]
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CVS Well being has created a brand new chief pharmacy officer place to supervise the pharmacy chain’s “omni channel pharmacy technique” that features an “enhanced model” of the corporate’s fast-growing HealthHub areas.
CVS mentioned Prem Shah, who’s 41 years outdated, has been named to the brand new position of chief pharmacy officer efficient instantly. Shah and CVS government Michelle Peluso, 50, will turn into co-presidents of CVS Well being’s retail enterprise, “with Peluso overseeing front-store technique and operations,” the company said Thursday. Each will report back to CVS president chief government officer Karen Lynch.
Exiting the corporate to make manner for the promotions is Neela Montgomery, who has been government vice chairman and president, CVS Retail/Pharmacy, and “has determined to go away the corporate” by the top of this 12 months, CVS said in its announcement.
The strikes come as CVS Well being rivals Walgreens Boots Alliance and Walmart push deeper into healthcare companies, increasing accessible gadgets of their shops and including main care companies to their shops.
“Prem and Michelle are ideally suited to their new roles and will probably be instrumental to CVS Well being as we proceed to execute in opposition to our technique of delivering an built-in well being care expertise centered across the shopper,” Lynch mentioned.
The modifications at CVS, which happened as a part of the corporate’s “strategic overview” of its retail enterprise, can even embody the rollout of some new and extra retailer codecs. CVS mentioned the codecs are: “websites devoted to providing main care companies; an enhanced model of HealthHUB areas with services designed for on a regular basis well being and wellness wants; and conventional CVS Pharmacy shops that present prescription companies and well being, wellness, private care and different handy retail choices.”
Already, CVS HealthHubs dedicate greater than 20% of the shop to well being companies that embody new sturdy medical tools, provides and varied new product and repair combos. CVS is including hundreds of latest private care gadgets in addition to further companies at its MinuteClinics within the well being hub shops.
