Intermountain closes most of its retail pharmacies after the CVS deal

Intermountain Healthcare plans to close 25 of its 26 retail pharmacies in Utah by August, citing a decline in activity and a new deal with CVS Health.

The health system only keeps its pharmacy in the Primary Hospital for Children in Salt Lake City open as home delivery, retail, and specialty pharmacy for area residents.

Inventory and patient records from the installation of 25 blinds will be transferred to CVS Health as part of an agreement. CVS Health has promised consumers uninterrupted access to their medications and normal pharmacy services.

“Every effort will be made to ensure that patients and staff are well cared for during this transition,” said Nannette Berensen, vice president and chief operating officer of Intermountain’s joint clinical services.

The closure of these pharmacies comes as a result of “changing consumer preferences” and declining activity by the community, it said in a statement last week.

About 250 employees will be laid off, according to a local news report. Pharmacies lost $ 6 million from January to May, and $ 11 million in 2020.

The primary pharmacy for children will remain open because many of the hospital-prepared medicines are not available at other retail pharmacies in the community.

Intermountain said it has no plans to close pharmacies serving patients in its 35 hospitals.

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