PALM BEACH, Fla. – At the National Association of Chain Drug Stores (NACDS) Annual Meeting Business Program today, newly elected NACDS Chair Kevin Host urged that industry leaders continue to create, to advocate, and to collaborate — so that pharmacies may continue to deliver “never-ending innovations” across the total store for Americans in their moments of need.
Host, senior vice president of pharmacy, Walmart, delivered his remarks following his acceptance of the NACDS Chair’s gavel from Mike Wysong, chief executive officer of CARE Pharmacies, who completed his term as NACDS Chair.
Author and social scientist Arthur C. Brooks also delivered remarks. Rick Sheppard, chief customer and commercial officer USA, Kevnue, also spoke, and Kenvue supported this morning’s Business Program. Similarly, Lisa Paley, president, North America, Haleon, opened Sunday’s Business Program, which was supported by Haleon.
Newly elected NACDS Chair Kevin Host during the Tuesday Business Program at the 2024 NACDS Annual Meeting.
Host welcomed attendees saying, “I want to thank our Board of Directors for your selflessness and dedication to our entire industry. So many of you have stood here before and helped pave the road that we are on today. To our sponsors and affiliate members: your collaboration is key. We’ve evolved from providing ice cream and herbal remedies to over-the-counter drugs, nutritional supplements, continuous glucose monitoring, self-testing and more. Together, we are there for what people want — and, more so, what they need. We all care for the same customers and together, no one can do it better.”
He continued with emphasis on the power of association — and NACDS’ unique role as an industry disruptor at this transformative moment for healthcare and retail.
Host declared, “Throughout the years, NACDS has been an industry pioneer, a visionary, and a disruptor. It’s an organization that unites the nation’s leading pharmacies, and creates a powerful, collective voice which has been instrumental in driving change. From embracing technology to championing initiatives, NACDS has enabled pharmacies to become true healthcare destinations. We’ve seen NACDS pivot, re-invent itself and spearhead change in ways that not many organizations can do.
“Look around – you are all part of a diverse group — from consumer product goods, pharmacy, tech, service providers, and retail. That’s not only a diverse group, it’s an influential group. Watching NACDS propel efforts that have a ripple effect on health and wellness in communities all over this country is not only impressive, it’s empowering.”
This message rang clear during Sunday’s Annual Meeting Business Program.
Host continued by describing pharmacy’s powerful reach – existing within five miles of 90 percent of Americans – and the importance of elevating pharmacy’s role in revolutionizing the way people receive care…
…by creating the pharmacy of the future: “In the ever-evolving landscape of healthcare, pharmacies are well positioned to create transformational experiences over transactional experiences. Pharmacists, armed with their vast clinical knowledge, are now actively involved in patient care offering services such as medication therapy management, immunizations, specialty pharmacy at retail, health screenings and increasingly primary care for flu, COVID-19, and strep throat. This is just the beginning of our journey to create the next generation of pharmacies, where technology and personalized care intersect.”
…through advocacy for NACDS’ priority issues, including pharmacy benefit manager (PBM) reform and the future of retail health and wellness: “Over the past three years, approximately 150 new state laws have been enacted which brought about at least some reform to PBM practices. NACDS fully understands that PBM reform is needed to lower prescription drug costs, ensure patient access, and protect pharmacies from PBM tactics. Another example of our advocacy is a new campaign that NACDS rolled out this past fall called ‘Nourish My Health,’ a national public education campaign focused on helping Americans embrace the protective health benefits that nutritious food provides.”
…and by collaborating to provide innovative solutions to patients nationwide: “NACDS is a vibrant marketplace of ideas with cutting-edge strategies for retailers and suppliers alike. Not only am I grateful for other retailers and pharmacy teams – but also for your teams who provide never-ending innovations in drug therapies, over-the-counter medications, and all of the items people are looking for during their moments of need.”
Host concluded his remarks, saying: “We are creating what the next era of pharmacy will look like, and the brushstrokes of our picture will come from creating, advocating, and collaborating. I’m excited about how far we can go together, and I hope you are, too. Thank you for your trust, and thank you for being champions of this industry.”
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