Intermountain closes most of its retail pharmacies after CVS deal

Intermountain Healthcare plans to shut 25 of its 26 retail pharmacies in Utah by August, citing declining enterprise and a brand new take care of CVS Well being.

The well being system will solely maintain its pharmacy at Main Youngsters’s Hospital in Salt Lake Metropolis open as a house supply, retail, and specialty pharmacy for the realm’s residents.

Stock and affected person information from the 25 shuttered amenities will probably be transferred to CVS Well being as a part of an settlement. CVS Well being promised shoppers uninterrupted entry to their medicines and regular pharmacy companies.

“Each effort will probably be made to make sure sufferers and staff are nicely cared for throughout this transition,” mentioned Nannette Berensen, vice chairman and chief working officer at Intermountain Shared Medical Providers.

The closing of those pharmacies come on account of “altering shopper preferences” and declining enterprise from the group, she mentioned in a press release final week.

Roughly 250 staff will probably be laid off, in response to an area information report. The pharmacies misplaced $6 million from January to Could, and $11 million in 2020.

Main Youngsters’s pharmacy will stay open as a result of most of the medicines ready on the hospital aren’t available at different retail pharmacies locally.

Intermountain mentioned it would not plan on closing pharmacies serving sufferers in its 35 hospitals.



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