performance

performance - Increased life expectancy means 3/2/10...

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Click to edit Master subtitle style 3/2/10 Company Performance -Both Walgreens and CVS have seen increased revenue growth over the past 5 years due to the increased demand for prescription drugs as well as increased government spending on health care - Due to inelasticity of prescription drugs, these companies have fared better than others in uncertain health care industry - Stock price did drop during the recession, but still were better than the S & P
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3/2/10 Reasons for Growth The aging “baby boomer” population is expected to increase by 15% Increase in prescription drug coverage/ health care spending Drug companies are continuously losing patents, which opens up the market for generics
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Unformatted text preview: Increased life expectancy means 3/2/10 Outlook Walgreens and CVS can continue to look forward to revenue growth in the future as government programs will allow more people access to pharmaceuticals The increased percentage of generic drugs in the market will allow for increased profit margins among these retail pharmacies 3/2/10 The Future: Full Service Healthcare? With a knowledgeable staff and access to ones health records, it would seem possible that the existing clinics at these stores could turn into a complete health care solutions provider Increased training amongst these employees in areas such as geriatric care could allow for reduction of...
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This note was uploaded on 03/02/2010 for the course ECON 345 taught by Professor Ricks during the Spring '10 term at Bay State.

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performance - Increased life expectancy means 3/2/10...

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