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CVS Health

CVS to launch Reduced Rx savings program

CVS to launch Reduced Rx savings program

WOONSOCKET, R.I. — CVS Health plans to serve up discounts on certain medications via a new prescription drug savings program called Reduced Rx. CVS said Thursday that Reduced Rx is designed to help patients with high out-of-pocket costs afford vital medications. The discounts will be offered directly to patients through CVS Caremark, the company’s pharmacy benefit

CVS Health reins in prescription drug trend

CVS Health reins in prescription drug trend

WOONSOCKET, R.I. — CVS Health said it was able to counteract rising prescription drug prices for its pharmacy benefit management clients in 2016, achieving their lowest drug trend in the past four years. CVS said Wednesday that CVS Caremark clients saw their prescription drug trend fall to an average of 3.2% last year versus 5%

CVS steers more funds to tobacco-free campaign

CVS steers more funds to tobacco-free campaign

WOONSOCKET, R.I. — CVS Health has earmarked $10 million in new and expanded partnerships and programs for the second year of “Be The First,” its five-year, $50 million initiative to help deliver the nation’s first tobacco-free generation. CVS said Monday that the partnerships and programs — funded through CVS Health and the CVS Health Foundation

CVS Health names Jon Roberts chief operating officer

CVS Health names Jon Roberts chief operating officer

WOONSOCKET, R.I. — CVS Health has named Jon Roberts to the new position of executive  vice president and chief operating officer. Roberts, who was president of the CVS Caremark pharmacy benefits management unit, will continue to report to CVS Health president and chief executive officer Larry Merlo. The company said that in his new position

Use of Epic EHR expands at CVS

WOONSOCKET, R.I. — CVS Health has chosen the Epic electronic health record (EHR) system for its CVS Specialty care management programs. The transition to Epic will help integrate and improve clinical processes for CVS Specialty, including processes for CVS’ Accordant unit, which provides care management program services for patients with rare, chronic ­diseases. This move

CVS enables no-Rx access to naloxone at more stores

CVS enables no-Rx access to naloxone at more stores

WOONSOCKET, R.I. — CVS Pharmacy locations in four more states can now dispense the opioid overdose-reversal drug naloxone to patients without a prescription. CVS Health said Thursday that with the addition of CVS pharmacies in Arizona, Georgia, Iowa and South Carolina, CVS Pharmacy locations in 41 states provide no-prescription access to naloxone. Georgia, Iowa and

CVS Specialty to adopt Epic EHR system

CVS Specialty to adopt Epic EHR system

WOONSOCKET, R.I. — CVS Health has chosen Epic as the electronic health record (EHR) system for its CVS Specialty care management programs. CVS said Thursday that the transition to Epic will help integrate and improve clinical processes for CVS Specialty, including processes for CVS’ Accordant unit, which provides care management program services for patients with

CVS Health promotes Jon Roberts to COO

CVS Health promotes Jon Roberts to COO

WOONSOCKET, R.I. — Veteran CVS Health executive Jon Roberts has been named the company’s executive vice president and chief operating officer, a new position. CVS said Thursday that Roberts, who was president of the CVS Caremark pharmacy benefits management unit, will continue to report to CVS Health president and chief executive officer Larry Merlo. As

Dave Denton: CVS ready for market changes

Dave Denton: CVS ready for market changes

CVS Health’s pharmacy care assets position the company well for growth, even in an evolving health care arena set for further change under a new presidential administration, executive VP and CFO Dave Denton said. In an interview posted this week on investment intelligence website Advisor Access, Denton outlined CVS’ strengths — namely, its integrated retail

Execs in spotlight at Retailer of the Year event

Execs in spotlight at Retailer of the Year event

Chain Drug Review held a reception in Manhattan earlier this month to honor recipients of the publication’s Retailer of the Year awards. CVS Health president and chief executive officer Larry Merlo named Health Care Executive of the Year, and Walgreens president of pharmacy and retail operations Richard Ashworth was named as Operations Executive of the Year.

CVS cuts trans fats from store-brand foods

CVS cuts trans fats from store-brand foods

WOONSOCKET, R.I. — Artificial trans fats are now gone from a range of store-brand food products at CVS Pharmacy. CVS said Wednesday that it’s the first national retail drug chain to remove partially hydrogenated oils (PHOs) — the chief source of artificial trans fats in processed foods — from all of its exclusive store-brand food

CVS’ removal of tobacco cuts retail cigarette purchases

CVS’ removal of tobacco cuts retail cigarette purchases

WOONSOCKET, R.I. — CVS Health’s removal of tobacco products from its drug stores over two years ago continues to impact retail cigarette sales. A new study from the CVS Health Research Institute, published online Thursday in the American Journal of Public Health, found that dropping tobacco from all CVS Pharmacy stores reduced the number of

CVS Health makes Fortune ‘Most Admired Companies’ list

CVS Health makes Fortune ‘Most Admired Companies’ list

WOONSOCKET, R.I. — CVS Health has been named as one of the “World’s Most Admired Companies” by Fortune magazine. CVS came in at No. 45 on the corporate rankings list, which put it among the top 50 “all-stars” on this year’s Fortune Most Admired Companies list. In addition, CVS finished No. 1 in its industry

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