• July 31, 2021

Intermountain closes most of its retail pharmacies after CVS deal

Jul 13, 2021

Intermountain Healthcare plans to shut 25 of its 26 retail pharmacies in Utah by August, citing declining enterprise and a brand new cope with CVS Well being.

The well being system will solely maintain its pharmacy at Major Kids’s Hospital in Salt Lake Metropolis open as a house supply, retail, and specialty pharmacy for the realm’s residents.

Stock and affected person recordsdata from the 25 shuttered services might be transferred to CVS Well being as a part of an settlement. CVS Well being promised customers uninterrupted entry to their medicines and regular pharmacy providers.

“Each effort might be made to make sure sufferers and staff are properly cared for throughout this transition,” mentioned Nannette Berensen, vice chairman and chief working officer at Intermountain Shared Scientific Companies.

The closing of those pharmacies come on account of “altering shopper preferences” and declining enterprise from the group, she mentioned in a press release final week.

Roughly 250 staff might be laid off, in keeping with an area information report. The pharmacies misplaced $6 million from January to Could, and $11 million in 2020.

Major Kids’s pharmacy will stay open as a result of lots of the medicines ready on the hospital should not available at different retail pharmacies locally.

Intermountain mentioned it does not plan on closing pharmacies serving sufferers in its 35 hospitals.

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