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CVS Health

CVS Health launches Transform Rheumatoid Arthritis Care

CVS Health launches Transform Rheumatoid Arthritis Care

WOONSOCKET, R.I. — CVS Health has added a rheumatoid arthritis program to its Transform Care offering to help pharmacy benefit management clients better manage care and costs for certain disease states. Called Transform Rheumatoid Arthritis Care, the new program aims to foster the use of lower-cost therapies via pharmacy network and utilization management tools, along with value-based

2018 Retail Forecast: Learning to Adapt

2018 Retail Forecast: Learning to Adapt

What will the second year of the Trump administration look like? Is the demise of the Affordable Care Act imminent? Will pharmacists get the greater role in health care they have long sought? These are among the questions top chain drug industry executives are pondering as they look to 2018. With spiraling health care costs and

CVS raises transparency in beauty marketing

CVS raises transparency in beauty marketing

WOONSOCKET, R.I. — CVS Health is bringing more transparency to beauty care marketing with the introduction of the CVS Beauty Mark, a watermark highlighting imagery that hasn’t been materially altered. Plans call for the CVS Beauty Mark to begin appearing on CVS Pharmacy-produced beauty images — including for stores, websites, social media and marketing materials — this

CVS Health unveils outlook for fiscal 2018

WOONSOCKET, R.I. — CVS Health executives expressed confidence in the company’s growth strategy earlier this month, and also noted that the recently passed tax overhaul packaged should boost its cash flow by an estimated $1.2 billion. The remarks came in a conference call following an announcement of CVS Health’s 2018 earnings outlook. CVS Health said

CVS Health gives update on 2018 outlook

CVS Health gives update on 2018 outlook

WOONSOCKET, R.I. — In an update for investors, CVS Health executives expressed confidence in its growth outlook and noted that the recently passed tax overhaul package should boost its cash flow by an estimated $1.2 billion. The remarks came yesterday in a conference call after the company’s announcement of its earnings expectations for 2018. CVS

Kevin Hourican honored as top pharmacy exec

Kevin Hourican honored as top pharmacy exec

WOONSOCKET, R.I. — Kevin Hourican is a relative newcomer to community pharmacy, but that hasn’t prevented him from helping CVS Health live up to its positioning as a pharmacy innovation company. Since being named executive vice president of retail pharmacy and supply chain 18 months ago, Hourican, who was trained in economics and supply chain

Big events of 2017 that will shape the future

Big events of 2017 that will shape the future

A case could be made that for pharmacy operators passage of the Tax Cuts and Jobs Act late last month was the biggest story of 2017. Championed by the Republican leadership in Congress and President Trump, the $1.5 trillion measure will provide substantial, permanent tax relief for businesses — the corporate tax rate was cut

CVS-Aetna augurs new health care experience

CVS-Aetna augurs new health care experience

The pending $69 billion acquisition of Aetna by CVS could yield valuable lessons for others in the health care and drugstore sectors as they seek to forge stronger ties to consumers. What interests us here is the potential for the CVS-Aetna merger to create new, meaningfully differentiated brand experiences for consumers. CVS has nearly 10,000

CVS’ Helena Foulkes to speak at NRF ‘Big Show’

CVS’ Helena Foulkes to speak at NRF ‘Big Show’

WASHINGTON — CVS Health’s Helena Foulkes has been tabbed as one of the keynote speakers at the National Retail Federation’s 2018 annual convention in Manhattan. Foulkes, executive vice president of CVS Health and president of CVS Pharmacy, will address the theme “empowering customers to make everyday health care better” in her presentation, scheduled for Jan.

CVS Health Foundation expands support of Alzheimer’s program

CVS Health Foundation expands support of Alzheimer’s program

WOONSOCKET, R.I. — The CVS Health Foundation is making a $550,000 grant to the Alzheimer’s Association to boost its support for a new program to enhance disease diagnosis and assessment with clinicians and to educate them about care and support programs to help families. CVS said the grant, which is being shared with six local

Merlo discusses potential of CVS-Aetna merger

Merlo discusses potential of CVS-Aetna merger

NEW YORK — Acquiring Aetna Inc. will better position CVS Health to improve health outcomes and bring affordable health care to more Americans, CVS president and chief executive officer Larry Merlo told National Public Radio (NPR). The addition of a health insurer like Aetna will allow CVS to provide a more comprehensive care offering to

CVS, Aetna set to merge in transformative deal

CVS, Aetna set to merge in transformative deal

WOONSOCKET, R.I. — CVS Health plans to acquire health insurer Aetna for roughly $69 billion in a first-of-its kind deal aimed at fending off challenges in retail and health care. The landmark CVS-Aetna merger deal comes at time when insurers are under pressure to lower medical costs, and retailers are under attack from new competitors,

CVS goes live with same-day Rx delivery in Manhattan

CVS goes live with same-day Rx delivery in Manhattan

WOONSOCKET, R.I. — CVS Pharmacy this week launched free, same-day delivery for prescription drugs and certain over-the-counter products in Manhattan. CVS said Wednesday that the delivery service is being offered at all locations in Manhattan. Prescriptions and OTC items can be delivered directly from CVS Pharmacy in secure, tamper-proof packaging to the customer’s door. OTC

Mega-merger turns spotlight on MinuteClinic

Mega-merger turns spotlight on MinuteClinic

While the changes that CVS Health’s $69 billion deal to buy Aetna may bring to the health care sector remain unclear, it’s very likely that a big beneficiary of deal would be MinuteClinic, says one market researcher. “Now these retail clinics in effect become in-house health care providers for Aetna,” explained Bruce Carlson, publisher at

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