Thrifty White

Last updated
Thrifty White
Type 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. The firm 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]

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.

White Mart

White Mart was a 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.

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.

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.

In April 2021, Thrifty White has teamed up with Upsher-Smith to have a free on-site COVID-19 vaccination clinic that follows the Moderna vaccine's recommended schedule. [5] [6]

Related Research Articles

Osco Drug and Sav-on Drugs Former pair of chain pharmacies in United States

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Over-the-counter drug Medication available without a prescription

Over-the-counter (OTC) drugs are medicines sold directly to a consumer without a requirement for a prescription from a healthcare professional, as opposed to prescription drugs, which may be supplied 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 specialize in the safe and effective use of medications, as they are knowledgeable about the composition, effects, metabolism, mechanism of action, mobility and toxicity of drugs. Using knowledge of the mechanism of action of drugs, the pharmacist understands how they should be used to achieve maximum benefit, minimal side effects and to avoid drug interactions. Pharmacists undergo university or graduate-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 Corporation is a Canadian retail pharmacy chain based in Toronto, Ontario. It has more than 1,300 stores operating under the name Shoppers Drug Mart in ten provinces and two territories, and as Pharmaprix in Quebec.

Pharmacy The science, technique and occupation of preparing and dispensing medicines

Pharmacy is the clinical health science that links medical science with chemistry and it is charged with the discovery, production, disposal, safe and effective use, and control of medications and drugs. The practice of pharmacy requires excellent knowledge of drugs, their mechanism of action, side effects, interactions, mobility and toxicity. At the same time, it requires knowledge of treatment and understanding of the pathological process. Some specialties of pharmacists, such as that of clinical pharmacists, require other skills, e.g. knowledge about the acquisition and evaluation of physical and laboratory data.

Prescription drug Medication legally requiring a medical prescription before it can be dispensed

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CVS Pharmacy is an American retail corporation. Owned by CVS Health, it is 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 (Walgreens) ranked 19th for the same time period.

Walgreens

Walgreen Company, d/b/a 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, 2019, the company operated 9,277 stores in the United States. It was founded in Chicago, Illinois, in 1901. The Walgreens headquarters office is in the Chicago suburb of Deerfield, Illinois.

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 more flexibility to build personalized customer relationships and they strive to differentiate their services from big-chain corporations.

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Clinical pharmacy

Clinical pharmacy is the branch of pharmacy in which clinical pharmacists provide direct patient care that optimizes the use of medication and promotes health, wellness, and disease prevention. Clinical pharmacists care for patients in all health care settings but the clinical pharmacy movement initially began inside hospitals and clinics. Clinical pharmacists often work in collaboration with physicians, physician assistants, nurse practitioners, and other healthcare professionals. Clinical pharmacists can enter into a formal collaborative practice agreement with another healthcare provider, generally one or more physicians, that allows pharmacists to prescribe medications and order laboratory tests.

Pharmacy (shop) Type of retail shop

A pharmacy is a retail shop which provides pharmaceutical drugs, among other products. At the pharmacy, a pharmacist oversees the fulfillment of medical prescriptions and is available to counsel patients about prescription and over-the-counter drugs or about general health issues. A typical pharmacy would be in the commercial area of a community.

Medication therapy management, generally called medicine use review in the United kingdom, 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, reducing waste due to unused medicines, looking for any side effects, and providing education on how to manage any side effects. The 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.

There are approximately 88,000 pharmacies in the United States. Over half are located within drug stores, grocery stores, hospitals, department stores, medical clinics, surgery clinics, universities, nursing homes, prisons, and other facilities. The remaining pharmacies are considered to be independent or privately owned. The top 25 pharmacy chain stores represent about 38,000 pharmacy locations in the U.S. and employ about 149,000 on-staff pharmacists. California has 8,015 pharmacies, the most of any state. Texas, Florida, New York, and Pennsylvania round out the top five states for pharmacy locations. Nationwide, the number of community pharmacies increased by 6.3% between 2007-2015, and the number of pharmacies per 10,000 people (2.11) did not change. However, the number of pharmacies per-capita varies substantially across counties, ranging from 0 to 13.6 per- 10,000 people in 2015.

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.

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 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.

Amazon Pharmacy is an American online pharmacy which is a subsidiary of Amazon.com. The business was launched on November 17, 2020, initially offering pharmacy service only in the United States.

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.
  5. "Upsher-Smith Offers COVID-19 Vaccination Clinic". Pharmacy Times. 14 April 2021. Retrieved 3 May 2021.
  6. "Upsher-Smith and Thrifty White team on vaccine clinic". Chain Drug Review. 14 April 2021. Retrieved 3 May 2021.