Grocery chain to close all Portland pharmacies

Bi-Mart, a grocery chain with stores in Oregon, Washington and Idaho, will close all its in-store pharmacies in Portland, Ore., according to Fox 12.

The company said the "difficult choice" to close 13 pharmacies Nov. 12 is a result of the challenging pharmacy landscape. Some of the challenges the grocer cited include a growing number of pharmacies in the Portland area, rising fees for Medicare Part D prescriptions by pharmacy benefit managers, restricted access to healthcare plans and the Oregon Corporate Activity Tax that takes effect Jan. 1, 2020.

The pharmacies' prescription files will be transferred to Walgreens, according to Fox 12.

Pharmacy employees will be offered other positions or will qualify for a severance package.

Read the full article here.

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