90 day scripts @ reduced retails? NO PROBLEM!
Generics @ huge discounts to retail pharmacyland? NO PROBLEM!
Pills from Canadian Pharmacies at HUGE discounts? NO PROBLEM!
PBM's requiring mailorder fulfillment for reimbursement? NO PROBLEM!
View that Medicare and Meduicaid will potentially only pay for scripts by mailorder:? NO PROBLEM!
No sweat, dudes. It only poses a problem for small box pharmacies like Walgreens! There is NOm, or scant problem with these marketplace dynamics if you invested, elsewhere! OR... if you are SHORT this WAG-disease!
Mail order was the "end of the world for drug retailers" 10 years ago.
Yet somehow Walgreens sales and profits are breaking record after record.
The first quarter of fiscal 2011 showed a whopping 19% increase in Earnings.
Both January and February Sales blew the analysts away!
You see. Your posts have never had an ounce of substance and that trend continues.
Nice try, though.
Really, dude, you just make this too easy!
Rx mailorder by PBMs was introduced, as I recall, by EHS (Eckerd Health Systems), prior to their acquisition by RAD, in the 80's. And mailorder is STILL a game changer.
As for your convenient dismissal of Walmart, they have grown to the #3 position in mkt share in a very short span of time.
I DO remember when Walgreens stock went "zoom" and also when it used to regularly split. But that was in the era before Walmart, mailorder, $4 generics!
Today: "It stinks in here!"
What we Know.Is it so?
Yank gave a good estimation of market share for this sector and the growing elephant in the room, Mailorder pharmacies are closing the gap with CS pharmacies.
And as Buffet said, there are plenty of Cigar Butts on the floor good for one last puff.
Consolidation in this sector is occurring with opportunities to purchase the next buyout target.
Retail Store build-outs has not stopped the mailorder growth in the battle for market share and supply chain management.
Yank point is on target and you and I are in agreement on limited networks and supply chain accountability, so what we know may bring us to the sub-sector industry group.
And as the market shows us.. when a M&A happens money flows into that sector...
Note: B/C B/S for profit Sub. is seeking to limit MD access with the use of Nurse Practioners..
Limited State buy-in occurring..
Market share is important but here is something that I am seeing.
A blockbuster PPI paid something close to 200 a couple months ago, today its less than $10 for a 30 day script. At less than 10, just how much profit can you possibly make given cost to dispense.
A word to the Wise.
I was on the Disney Magic's Shake down cruise, I asked one of the Executives, Why do you not have a Casino on the Ship.
His Reply was Disney does not want Dad or Mom to return to the cabin after losing all the Vacation funds..
DSCM whats next REDBOX?
Just a Thought..
Yank don't scare the produce boys on Wall-street
They have baskets filled with fruits and vegetables to sell, We know that Walgreen's employees several fruits that have no buyers.
As for their Tomatoes on sale.. the farmers are the best guides in picking juicy ones..
I still don't believe M&A are done in this sector..
Distribution modeling is not finished..
Those 90 day fills have a very big hole to fill in.. for 60 days with no revenue..