Business Wars

CVS vs. Walgreens | Trouble Behind the Counter | 5

16 snips
Nov 8, 2023
Dan Weissmann, host of An Arm and a Leg, sheds light on the pressures facing pharmacies due to consolidation and rising drug costs. He discusses the impact on consumers and how big chains like CVS and Walgreens are adapting. Liz Tung, a reporter for WHYY’s The Pulse, dives into the shadowy world of pharmacy benefit managers (PBMs), revealing their detrimental effects on both customers and independent pharmacies. Together, they explore the competitive pharmacy landscape and the struggle for affordable healthcare.
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ANECDOTE

CVS Expansion

  • Dan Weissman grew up in Chicago, where Walgreens originated.
  • CVS expanded in Chicago by acquiring the local Osco drugstore chain.
ANECDOTE

Pharmacy Wait Times

  • David Brown was recently surprised by long wait times at CVS due to understaffing.
  • Dan Weissman and his family now use a local independent pharmacy that delivers.
INSIGHT

Impact of Walkouts

  • Pharmacy staff walkouts significantly impact patients who rely on prescription medications.
  • Time-sensitive medications, like those for ADHD or bacterial infections, become difficult to obtain.
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