Walgreens Names Ginger L. Graham to Board of Directors
This Sector could be sliced and diced like a Synthetic Security.
CVS & Walgreens is already losing a growing market to the Supermarket Chains, Target and Walmart. CVS, reported finanicals today.. These Big T000 created their nightmare, low prices on consumer products linking this to a "on the go Pharmacy". They even put in a drive-up window, Micky Dee's. The large Consumer product Chain's i.e. Wal-mart decided they could beat CVS & Walgreen in the consumer segment, and opened a pharmacy (no big deal.. Independent pharmacy's are in abundance by some accounts) and realized the profit margins the front end was generating.. compared to the Dollars Rx's would generate. So here we are, CVS & Walgreen's are faced with the fact that even Dollar General could get into this segment. Both of these company's had for Year's, the opportunity to develop medical products & data-based systems that would have changed the cost/access pathway of healthcare.
Caremark/Baxter now owned by CVS.. did change the cost structure of medical care along time ago, with the Home Infusion segment of Baxter's business units. Baxter even developed new products from the Infusion/Caremark division. Walgreens home infusion unit was nothing more than bankers com-binding company's. My speculation of Wal-mart buying RAD is not that far out. Price is the issue. My thoughts on Clinics if CVS & Walgeens get that far.. Waghorsedoo
My point is, many believe and only a few have achieved medical payments that are not linked to event based services.