NKY Drug Store Announces Closure
Crestville Drugs will close for good on Tuesday.
A pharmacist made the announcement on the long-running business's Facebook page on Saturday.
"It is with great sadness to inform you that Crestville Drugs will be closing effective Tuesday, March 5th," pharmacist Laura Collins wrote. "We greatly value all of our customers, more than you can ever know."
Collins explained in the post that the pharmacy's new owners, Value Rx Bluegrass, "could not sustain the losses set for the by the (pharmacy benefits managers) in Kentucky."
"Company wide, they had ($400,000) in loss due to (direct and indirect remuneration) and clawback fees. This practice has escalated over the past few years which happened to coincide with them purchasing the store," Collins wrote.
"I've been an employee for 17 years and many of my team have similar tenures. Walgreen's in Crescent Springs has purchased our Pharmacy files and assure me that your prescription needs will be met with a welcoming and friendly staff," Collins wrote. "I thank you all for your trust in us and allowing us to take part in the health and well-being of your families. I hope to see you all, healthy and happy."
Collins urged customers to call and/or email state and federal representatives about the issue.
Crestville Drugs opened in Crescent Springs in 1969, founded by Margie and Gordon Gehring, according to its website.
Photo via Crestville Drugs