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Kinney Drugs

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Kinney Drugs Company Research Report



1. Company Overview



Name


  • Kinney Drugs


Mission


  • To provide the highest quality pharmacy, health, and retail services at fair and competitive prices in their communities; to serve and satisfy the needs of their customers; to be responsive to the needs and goals of their employees; to manage the company's resources to ensure a fair and equitable return on investment for their stockholders; and to plan and provide for the continued growth of Kinney Drugs.


Founding and Founders


  • Founded in 1903 by Burt Kinney.


Key People


  • Pavi Chigateri: VP, CTO at KPH Healthcare Services

  • Valarie Manning: Experienced Leader with a focus on pharmacy advancement

  • John Pirong: Retired Regional Loss Prevention Supervisor

  • David Fenlong: Explorer in customer journeys and experiences

  • Mike Duteau, R.Ph.: President of Noble Health Services, NACDS 2024 RxIMPACT Key Contact of the Year Award winner


Headquarters


  • Gouverneur, NY


Number of Employees


  • Between 1,001 and 5,000


Revenue


  • No information is available


Known For


  • Retail drug, pharmacy, and drugstore services.


2. Products



Product Offerings


  • Kinney Homecare Equipment & Supplies: Offers medical equipment for home use, including respiratory products like CPAP machines, mobility aids, hospital beds, and more. Provides education and support for prescribed therapies and equipment use.

  • Opill®: Progestin-only, over-the-counter daily oral contraceptive available at all Kinney Drugs locations, recognized for being first in the U.S. for its sale.


Key Features


  • Kinney Homecare:

  • Personalized support in home care.

  • Coordination with physicians and continuous patient follow-up.

  • Professional consultation and emergency services.

  • Free delivery and setup of home equipment.


  • Opill®:

  • Progestin-only, estrogen-free.

  • 98% effective in preventing pregnancy.

  • Over-the-counter access increases convenience and access to contraception.


3. Recent Developments



New Products and Initiatives


  • Launch of Kinney Homecare Equipment & Supplies in Plattsburgh, offering a broad range of healthcare equipment.

  • First U.S. sale of Opill®: First over-the-counter birth control pill in the United States occurred at Kinney Drugs in Potsdam, NY.


New Features


  • Implementation of a medical billing program focusing on smoking cessation in Vermont.


Partnerships and Recognitions


  • Kinney Drugs is honored with several awards:

  • Most Innovative Award of 2023: For successfully launching a medical billing program.

  • Regional Chain of the Year: By Chain Drug Review.

  • 2024 Store of the Year: Store 11 in Barre, Vermont.


Community and Corporate Culture


  • Kinney Drugs Foundation: Supports local charities, with significant contributions like the new Surgical Pavilion at Lewis County Health System.

  • Continued dedication to serving and improving local community health and well-being.


4. Strategic Vision


  • Focus on enhancing access to care, optimizing medication delivery, reducing healthcare costs, and improving patient health outcomes through integrated pharmacy and health services. Leveraging employee ownership as a key to maintaining high service standards and commitment to community engagement.


Conclusion


Kinney Drugs, with a rich history dating back to its founding in 1903, continues to expand its impact in the healthcare landscape through innovative product launches and community-centric services, maintaining its legacy of providing exceptional pharmacy and healthcare services throughout New York and Vermont.