Health Mart

Last updated
Health Mart
Type Subsidiary
Industry Retail pharmacy
Founded1997;26 years ago (1997)
Parent McKesson Corporation

Health Mart is an independent pharmacy franchise with more than 5,000 member pharmacies across all 50 states. Each pharmacy is locally owned and operated, allowing Health Mart pharmacy owners to tailor their offerings to the specific communities they serve.

Contents

The Health Mart franchise is owned by Health Mart Systems, Inc., which is part of McKesson Corporation.

History

In 1996 McKesson acquired FoxMeyer drug company. With this acquisition came the Health Mart franchise, which started with several hundred pharmacies. [1] Since McKesson's acquisition of Health Mart, the franchise has expanded rapidly, and has received many awards from leading pharmaceutical industry publications.[ citation needed ]

Awards/Recognition

In 2007, Health Mart was named "Chain of the Year" by Drug Topics. [2]

In 2011, Health Mart topped traditional chain drug stores in terms of pharmacy customer satisfaction in a JD Power study. [3]

In 2013, Health Mart was recognized by Drug Store News as the nation's largest independent pharmacy franchise and one of the fastest growing drug store networks of any kind with more than 3,100 member stores. [4]

In 2018, J.D. Power gave Health Mart the second-highest score in its rankings of brick-and-mortar chain drugstores. [5]

Leadership

In January 2019, Health Mart announced it had hired Nimesh Jhaveri, formerly of Walgreens, to serve as its president. [6]

Partnerships

In 2019, Health Mart announced a partnership with Amazon Hub Counter to allow its pharmacies to operate as package pickup locations. [7]

In 2020, Health Mart began working with the Department of Health and Human Services (HHS) to act as the community pharmacy representative for their Ready, Set, PrEP program. [8] The Ready, Set, PrEP program provides pre-exposure prophylaxis (PrEP) medications to at-risk individuals at no cost. More than 3,300 Health Mart pharmacies signed on to donate their dispensing fees as part of the program.

During the COVID-19 pandemic, Health Mart again worked with HHS to develop COVID-19 test collection sites at Health Mart pharmacies selected by HHS. [9]

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References

  1. ↑ "McKesson Corporation Review". Phani Investors. August 7, 2017. Retrieved June 2, 2020.
  2. ↑ "Health Mart: "Drug Topics'" 2007 Chain of the Year". Drug Topics. April 16, 2007. Retrieved June 2, 2020.
  3. ↑ "Good Neighbor, Health Mart lead in Rx satisfaction". Chain Drug Review. September 20, 2011. Retrieved June 2, 2020.
  4. ↑ Frederick, Jim (October 10, 2013). "Tracing the growth of a pharmacy juggernaut". Drug Store News.
  5. ↑ Major, Meg (October 2, 2018). "Wegmans Claims Top Honors in J.D. Power Pharmacy Rankings". Winsight Grocery Business.
  6. ↑ Salazar, David (January 29, 2019). "Health Mart adds Jhaveri as president". Drug Store News. Retrieved May 26, 2020.
  7. ↑ "Health Mart Announces Partnership with Amazon Hub Counter". Pharmacy Times. October 24, 2019. Retrieved May 26, 2020.
  8. ↑ "Health Mart independent pharmacies donate their dispensing services to HHS to support the Ending the HIV Epidemic initiative". APhA. March 4, 2020. Retrieved May 26, 2020.
  9. ↑ Levy, Sandra (April 29, 2020). "Select Health Mart pharmacies to roll out COVID-19 testing". Drug Store News.


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