Thrifty White

Last updated
Thrifty White
Private (Employee-owned)
Founded1884 (as White Drug)
Headquarters Plymouth, Minnesota
Area served
United States
Products Retail - Pharmacy
Number of employees
1800+
Website www.thriftywhite.com

Thrifty White Pharmacy (also known as White Drug and Thrifty Drug) is an American pharmacy chain with operations in six states, Montana, North Dakota, South Dakota, Minnesota, Wisconsin, and Iowa headquartered in Plymouth, MN. It specializes in filling prescriptions, long term care consulting, community outreach, and specialty services. As of September 2016, Thrifty White received full URAC accreditation for its specialty pharmacy. [1]

Pharmacy academic discipline studying preparation and dispensation of medicines

Pharmacy is the science and technique of preparing, dispensing, and review of drugs and providing additional clinical services. It is a health profession that links health sciences with pharmaceutical sciences and aims to ensure the safe, effective, and affordable use of drugs. The professional practice is becoming more clinically oriented as most of the drugs are now manufactured by pharmaceutical industries. Based on the setting, the pharmacy is classified as a community or institutional pharmacy. Providing direct patient care in the community of institutional pharmacies are considered clinical pharmacy.

Montana State of the United States of America

Montana is a landlocked state in the Northwestern United States. Montana has several nicknames, although none are official, including "Big Sky Country" and "The Treasure State", and slogans that include "Land of the Shining Mountains" and more recently "The Last Best Place".

North Dakota State of the United States of America

North Dakota is a U.S. state in the midwestern and northern regions of the United States. It is the nineteenth largest in area, the fourth smallest by population, and the fourth most sparsely populated of the 50 states. North Dakota was admitted to the Union on November 2, 1889, along with its neighboring state, South Dakota. Its capital is Bismarck, and its largest city is Fargo.

Contents

History

The first White Drug opened in Jamestown, North Dakota, in 1884 by Mr. and Mrs. H.E. White. [2] There were 38 White Drug Stores when it merged with Thrifty Drug in 1985. Thrifty Drug was founded in Brainerd, Minnesota, in 1957 by Douglas Stark, Jack Lindoo, and Edward Olsen. White Drug and Thrifty Drug merged in 1985 to form Thrifty White Drugstores.

Jamestown, North Dakota City in North Dakota, United States

Jamestown is a city in Stutsman County, North Dakota, United States. It is the county seat of Stutsman County. The population was 15,427 at the 2010 census, making it the ninth largest city in North Dakota. Jamestown was founded in 1872.

Brainerd, Minnesota City in Minnesota, United States

Brainerd is a city in Crow Wing County, Minnesota, United States. Its population was 13,592 as of the 2010 census. It is the county seat of Crow Wing County, and is one of the largest cities in Central Minnesota. Brainerd straddles the Mississippi River several miles upstream from its confluence with the Crow Wing River, having been founded as a site for a railroad crossing above said confluence. Brainerd is the principal city of the Brainerd Micropolitan Area, a micropolitan area covering Cass and Crow Wing counties and with a combined population of 91,067 as of the 2010 census. The Brainerd area serves as a major tourist destination for Minnesota, and Baxter is a regional retail center.

White Mart

White Mart was chain of discount department stores serving mostly the Dakotas and Minnesota. Shortly after merging, the new Thrifty White began closing all White Mart locations, with the final locations closing in the early 1990s.

Thrifty White today

Thrifty White is an employee owned company that operates a total of 96 drugstores under the banners White Drug, Thrifty Drug, and Thrifty White Drug. In addition, there are 82 Independent Retailers that operate their own pharmacies but use Thrifty White tools and contracts. Its locations are typically found inside shopping centers or strip malls. Most Thrifty White stores offer a wide range of items found in the typical retail drugstore including, household items, greeting cards, cosmetics, and a large gift section. A typical Thrifty White also has a full service One Hour Photo Lab. Most of the Thrifty White drugstores are located in small towns with a population of under 60,000 where they are often the only pharmacy within city limits.

Thrifty White partnered with North Dakota State University to open a concept pharmacy for students to learn and experience the way of a retail pharmacy. Students are able to practice the duties of a pharmacist within an instructional pharmacy setting.

North Dakota State University

North Dakota State University of Agriculture and Applied Sciences, more commonly known as North Dakota State University (NDSU), is a public research university in Fargo, North Dakota. The institution was founded as North Dakota Agricultural College in 1890 as the research land-grant institution for the state of North Dakota. NDSU is a comprehensive doctoral research university with programs involved in very high research activity. NDSU offers 102 undergraduate majors, 170 undergraduate degree programs, 6 undergraduate certificate programs, 79 undergraduate minors, 81 master’s degree programs, 47 doctoral degree programs of study and 10 graduate certificate programs. There were 14,358 students attending NDSU from 47 different states and 79 different countries as of Fall 2017.

Thrifty White has eight Telepharmacy Stores located in small communities where access to a pharmacist would not be available. First opened in 2003, these stores allow a pharmacist to communicate through an audio/video feed with a trained technician to fill and approve prescriptions. These stores allow for regular services such as MTM and patient counseling.

Telepharmacy Pharmacy care by telecommunication

Telepharmacy is the delivery of pharmaceutical care via telecommunications to patients in locations where they may not have direct contact with a pharmacist. It is an instance of the wider phenomenon of telemedicine, as implemented in the field of pharmacy. Telepharmacy services include drug therapy monitoring, patient counseling, prior authorization and refill authorization for prescription drugs, and monitoring of formulary compliance with the aid of teleconferencing or videoconferencing. Remote dispensing of medications by automated packaging and labeling systems can also be thought of as an instance of telepharmacy. Telepharmacy services can be delivered at retail pharmacy sites or through hospitals, nursing homes, or other medical care facilities.

Medication Therapy Management (MTM) is a service provided typically by pharmacists that aims to improve outcomes by helping people to better understand their health conditions and the medications used to manage them. This includes providing education on the disease state and medications used to treat the disease state, ensuring that medicines are taken correctly, looking for any side effects, and providing education on how to manage any side effects. MTM is a process that can be broken down into five steps: medication therapy review, personal medication record, medication-related action plan, intervention and or referral, and documentation and follow-up.

In 2013, Thrifty White purchased TheOnlineDrugstore, expanding its reach online. [3]

In 2016, Thrifty White became a fully accredited specialty pharmacy through URAC with accreditation lasting until 2019. It has the ability to provide specialty products and services all 50 states. It claims adherence rates of over 93% for specialty patients. [4]

Thrifty White was named the national "Pharmacy Innovator of the Year" for 2016 by Drug Store News. It won a similar award in 2012 by Chain Drug Review. Thrifty White was also names "#1 in Medication Therapy Management" by Mirixa in 2016 and "Most Innovative" by Outcomes in 2016. Thrifty White's Medication Synchronization program has 65,000 patients enrolled and is leading the nation in medication adherence scores.

Related Research Articles

Osco Drug and Sav-on Drugs

Osco Drug and Sav-on Drugs were the names of a pair of chain pharmacies that operated in the United States. Osco Drug was founded by the Skaggs family. Alpha Beta grocery store was purchased by American Stores in 1961. Skaggs Drug Centers bought American Stores in 1979 and assumed the American Stores name. Sav-on Drugs was a California-based pharmacy chain that was acquired by Osco's parent company in 1980. Both Osco and Sav-on stores eventually came under the ownership of American Stores, then Albertsons, and finally SuperValu before the stores were sold off.

Over-the-counter drug medication available without a prescription

Over-the-counter (OTC) drugs are medicines sold directly to a consumer without a prescription from a healthcare professional, as opposed to prescription drugs, which may be sold only to consumers possessing a valid prescription. In many countries, OTC drugs are selected by a regulatory agency to ensure that they contain ingredients that are safe and effective when used without a physician's care. OTC drugs are usually regulated according to their active pharmaceutical ingredient (API) rather than final products. By regulating APIs instead of specific drug formulations, governments allow manufacturers the freedom to formulate ingredients, or combinations of ingredients, into proprietary mixtures.

Pharmacist healthcare professional who practices in pharmacy

Pharmacists, also known as chemists or druggists, are health professionals who practice in pharmacy, the field of health sciences focusing on safe and effective medication use. Pharmacists undergo university-level education to understand the biochemical mechanisms and actions of drugs, drug uses, therapeutic roles, side effects, potential drug interactions, and monitoring parameters. This is mated to anatomy, physiology, and pathophysiology. Pharmacists interpret and communicate this specialized knowledge to patients, physicians, and other health care providers.

Shoppers Drug Mart Canadian retail pharmacy chain

Shoppers Drug Mart Corporation is a Canadian retail pharmacy chain based in Toronto, Ontario. It has more than 1,300 stores operating under the names Shoppers Drug Mart in nine provinces and two territories and Pharmaprix in Quebec.

Prescription drug licensed medicine that is regulated by legislation to require a medical prescription before it can be obtained

A prescription drug is a pharmaceutical drug that legally requires a medical prescription to be dispensed. In contrast, over-the-counter drugs can be obtained without a prescription. The reason for this difference in substance control is the potential scope of misuse, from drug abuse to practicing medicine without a license and without sufficient education. Different jurisdictions have different definitions of what constitutes a prescription drug.

CVS Pharmacy U.S. pharmacy chain

CVS Pharmacy is a subsidiary of the American retail and health care company CVS Health, headquartered in Woonsocket, Rhode Island. It was also known as, and originally named, the Consumer Value Store and was founded in Lowell, Massachusetts, in 1963. The chain was owned by its original holding company Melville Corporation since its inception until its current parent company was spun off into its own company in 1996. CVS Pharmacy is currently the largest pharmacy chain in the United States by number of locations and total prescription revenue. Its parent company ranks as the 7th largest U.S. corporation by FY2017 revenues in the Fortune 500. The parent company of CVS Pharmacy's leading competitor ranked 19th for the same time period.

Walgreens second-largest pharmacy store chain in the United States

Walgreen Company or simply Walgreens is an American company that operates as the second-largest pharmacy store chain in the United States behind CVS Health. It specializes in filling prescriptions, health and wellness products, health information, and photo services. As of August 31, 2018, the company operated 9,560 stores in all 50 states, the District of Columbia and the US territories of Puerto Rico and the U.S. Virgin Islands. It was founded in Chicago, Illinois, in 1901. The Walgreens headquarters office is in the Chicago suburb of Deerfield, Illinois.

Rite Aid drugstore chain

Rite Aid Corporation is a drugstore chain in the United States. The company ranked No. 94 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. It is headquartered in Camp Hill, East Pennsboro Township, Cumberland County, Pennsylvania, near Harrisburg. Rite Aid is the largest drugstore chain on the East Coast and the third largest in the U.S.

An independent pharmacy is a retail pharmacy that is not directly affiliated with any chain of pharmacies and is not owned by a publicly traded company. Independent pharmacies are pharmacist-owned, privately held businesses in varying practice settings. They include single-store operations, pharmacist-owned multiple store locations, franchise, compounding, long-term care (LTC), specialty, and supermarket pharmacy operation. Independent pharmacy owners generally have high standards of customer service and strive to outperform chain pharmacy competitors.

IntercomPlus is the Walgreen Company's proprietary pharmacy computer system. It was founded as Intercom in 1981, and was the first large scale retail pharmacy computer system. It relies on VSAT satellite access and/or broadband connections to link the over 8,000 Walgreens retail, mail service, and specialty pharmacies. Through its usage, Intercom made Walgreens the largest private user of satellite transmission data in the world, second only to the U.S. Government. The design of the system enables seamless store-to-store prescription filling, making filling a refill at a location other than where it was filled originally essentially no different from filling it again at the original location.

CVS Health company

CVS Health Corporation is an American retail pharmacy and health care company headquartered in Woonsocket, Rhode Island. Consumer Value Stores (CVS) began in 1963 with three partners, brothers Stanley and Sidney Goldstein and partner Ralph Hoagland, who grew the venture from a parent company, Mark Steven, Inc., that helped retailers manage their health and beauty aid product lines. The business began as a chain of health and beauty aid stores, but within several years, pharmacies were added. To facilitate growth and expansion, the company joined The Melville Corporation, which managed a string of retail businesses. Following a period of growth in the 1980s and 1990s, CVS Corporation spun off from Melville in 1996, becoming a standalone company trading on the New York Stock Exchange as CVS.

Pharmacy (shop) facility where medicines are sold

A pharmacy is a retail shop which provides prescription drugs, among other products. At the pharmacy, a pharmacist oversees the fulfillment of medical prescriptions and is available to give advice on their offerings of over-the-counter drugs. A typical pharmacy would be in the commercial area of a community.

Avella Specialty Pharmacy

Avella Specialty Pharmacy, formerly known as The Apothecary Shops, is an American specialty pharmacy company. Avella is headquartered in Phoenix, Arizona, and has facilities in eight states. Dr. John D. Musil is the company’s founder. Rebecca Shanahan is the CEO.

Specialty drugs or specialty pharmaceuticals are a recent designation of pharmaceuticals that are classified as high-cost, high complexity and/or high touch. Specialty drugs are often biologics—"drugs derived from living cells" that are injectable or infused. They are used to treat complex or rare chronic conditions such as cancer, rheumatoid arthritis, hemophilia, H.I.V. psoriasis, inflammatory bowel disease and hepatitis C. In 1990 there were 10 specialty drugs on the market, in the mid-1990s there were fewer than 30, by 2008 there were 200, and by 2015 there were 300. Drugs are often defined as specialty because their price is much higher than that of non-specialty drugs. Medicare defines any drug for which the negotiated price is $670 per month or more, as a specialty drug which is placed in a specialty tier that requires a higher patient cost sharing. Drugs are also identified as specialty when there is a special handling requirement or the drug is only available via a limited distributions network. By 2015 "specialty medications accounted for one-third of all spending on drugs in the United States, up from 19 percent in 2004 and heading toward 50 percent in the next 10 years", according to IMS Health, which tracks prescriptions. According to a 2010 article in Forbes, specialty drugs for rare diseases became more expensive "than anyone imagined" and their success came "at a time when the traditional drug business of selling medicines to the masses" was "in decline". In 2015 analysis by The Wall Street Journal suggested the large premium was due to the perceived value of rare disease treatments which usually are very expensive when compared to treatments for more common diseases.

Specialty pharmacy refers to distribution channels designed to handle specialty drugs — pharmaceutical therapies that are either high cost, high complexity and/or high touch. High touch refers to higher degree of complexity in terms of distribution, administration, or patient management which drives up the cost of the drugs. In the early years specialty pharmacy providers attached "high-touch services to their overall price tags" arguing that patients who receive specialty pharmaceuticals "need high levels of ancillary and follow-up care to ensure that the drug spend is not wasted on them." An example of a specialty drug that would only be available through specialty pharmacy is interferon beta-1a (Avonex), a treatment for MS that requires a refrigerated chain of distribution and costs $17,000 a year. Some specialty pharmacies deal in pharmaceuticals that treat complex or rare chronic conditions such as cancer, rheumatoid arthritis, hemophilia, H.I.V. psoriasis, inflammatory bowel disease (IBD) or Hepatitis C. "Specialty pharmacies are seen as a reliable distribution channel for expensive drugs, offering patients convenience and lower costs while maximizing insurance reimbursements from those companies that cover the drug. Patients typically pay the same co-payments whether or not their insurers cover the drug." As the market demanded specialization in drug distribution and clinical management of complex therapies, specialized pharma (SP) evolved.„ Specialty pharmacies may handle therapies that are biologics, and are injectable or infused. By 2008 the pharmacy benefit management dominated the specialty pharmacies market having acquired smaller specialty pharmacies. PBMs administer specialty pharmacies in their network and can "negotiate better prices and frequently offer a complete menu of specialty pharmaceuticals and related services to serve as an attractive 'one-stop shop' for health plans and employers."

Diplomat Pharmacy, Inc. is the largest independent provider of specialty pharmacy services in the United States. The company partners with manufacturers, payers, providers, hospitals, and more. Headquartered in Flint, Michigan, Diplomat has facilities across the United States and dispenses drugs in all 50 states. Diplomat offers specialized medication and medication management programs for patients with complex and chronic conditions such as cancer, hepatitis, multiple sclerosis, HIV and others.

Collaborative practice agreement

A collaborative practice agreement (CPA) is a legal document in the United States that establishes a legal relationship between clinical pharmacists and collaborating physicians that allows for pharmacists to participate in collaborative drug therapy management (CDTM).

References

  1. "Thrifty White Pharmacy Receives URAC Specialty Pharmacy Accreditation". www.specialtypharmacytimes.com. Retrieved 2016-09-27.
  2. "Thrifty White Pharmacy - Prescriptions & Quality Healthcare". www.thriftywhite.com. Retrieved 2016-09-27.
  3. "Drugstore Online | Online Health Store | Online Beauty Products - The Online Drugstore". theonlinedrugstore.com. Retrieved 2016-09-27.
  4. "Thrifty White specialty pharmacy accredited by URAC - CDR – Chain Drug Review". 2016-09-23. Retrieved 2016-09-27.