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Drugstore Closures Raise Concerns for Vulnerable Populations
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Overview
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Drugstore closures in the US raise concerns about limited access to medications, particularly for vulnerable populations. Major chains like CVS, Walgreens, and Rite Aid have closed or announced plans to close numerous locations due to increased competition, pandemic-related challenges, and declining reimbursement rates. The closure is most pronounced in minority communities.
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How can independent pharmacies overcome the challenges they face in the face of chain closures?
How can the closure of drugstores be addressed to ensure access to medications for vulnerable populations?
What measures can be taken to mitigate the impact of declining reimbursement rates on pharmacies?
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