g officer, said, “The new structure will make a very strong part of our business even stronger.” She also explains that bringing all the areas of pharmacy together under one direction will able them to develop a more focused pharmacy strategy that should improve all aspects of their pharmacy operations.To ensure success in the newly restructured pharmacy operations, Rite Aid has constructed a team of key top-notch experienced executives. These top executives, Sorkin, Wolfe, and Podguski, have a combined 79 years of experience in the field of pharmaceuticals that ranges from purchasing to managed care, marketing, human resources, and clinical services. These executives are highly educated and respected in their field of specialization and combine to form a strong and powerful team for Rite Aid’s pharmacy operations. GNC was not the only supplement to Rite Aid’s drugstore business. In January 1999, Rite Aid acquired PCS Health Systems, Inc. for $1.5 billion with the belief that this acquisition will enhance their ability to offer a better array of pharmaceutical services. PCS is the leader in pharmacy benefits and other managed health care systems. PCS’s pharmacy benefit management services focus on the systematic management of prescription drug usage designed to foster high quality, cost-effective pharmaceutical care through the application of managed care principles and information technologies. PCS also provides pharmacy benefit management services that involve the application of clinical expertise and management information systems to provide formulary management, chronic disease management and mail order services (Standard and Poors).Another contribution to the pharmacy division is a twenty-two percent acquired interest in drugstore.com, the leading online retailer of health, beauty, and wellness products with an online pharmacy. Rite Aid customers are able to order their prescriptions online at ...
