WOONSOCKET, R.I. — According to published reports in the Wall Street Journal, CVS Health has named a new chief information officer tasked with integrating its information technology and data with IT systems used by Aetna, which the drugstore chain acquired last year in a $70 billion deal. Roshan Navagamuwa, who over the past year served
NEW YORK — CVS Health has named former Eli Lilly and Co. chief financial officer Derica Rice as president of its CVS Caremark pharmacy benefit management unit. Plans call for Rice to take the helm at CVS Caremark on March 30, CVS said late Tuesday. The appointment was earlier reported by The Wall Street Journal.
WOONSOCKET, R.I. — CVS Health has announced that its pharmacy benefits manager (PBM), CVS Caremark, will begin providing real-time visibility to member-specific medication costs and available lower-cost therapeutic alternatives at the point of prescribing and at the pharmacy. This enhanced visibility to the patient’s benefit across all points of care can help eliminate potential dispensing delays, improve
WOONSOCKET, R.I. — Early next year, CVS Health plans to launch a diabetes care program for its pharmacy benefit management (PBM) clients that provides clinical services and cost management solutions. Called Transform Diabetes Care, the program offers members tailored support to improve the health outcomes, reduce pharmacy costs via trend management, and lower medical costs
WOONSOCKET, R.I. — CVS Caremark has received health call center, pharmacy benefit management and drug therapy management accreditations from health standards body URAC. CVS Health said Wednesday that the URAC Health Call Center Accreditation is for its Pharmacy Advisor counseling program, whose call center offers personalized care to members with chronic conditions through targeted live
WOONSOCKET, R.I. — CVS Health is celebrating the one-year anniversary of its ScriptSync medication synchronization program. The pharmacy service that enables patients who regularly take multiple medications to pick up eligible maintenance prescriptions in a monthly visit to a CVS Pharmacy store. More than a million customers have been enrolled in ScriptSync, and preliminary results
WOONSOCKET, R.I. — It’s now over a year that CVS Health launched its ScriptSync medication synchronization program, and for many participants the service has made a difference. CVS said Thursday that in the past year, more than 1 million patients have been enrolled in ScriptSync at CVS Pharmacy. Preliminary results, which tracked enrolled patients’ average days
WOONSOCKET, R.I. — Interventions that keep chronic disease patients on their medications are “extraordinarily cost-effective,” according to CVS Health. CVS said Monday that a new study from the CVS Health Research Institute, published in The American Journal of Managed Care, also found a greater opportunity for savings if medication adherence resources focus on patients with
WOONSOCKET, R.I. — CVS Health reported a significant decrease in the prescription drug trend for its Caremark pharmacy benefit management (PBM) clients last year. CVS said Tuesday that the prescription trend, a growth measure of prescription spending, came in at 5% for 2015, down from a high of 11.8% in 2014. While the trend drivers
TAMPA, Fla. — WellCare Health Plans Inc., a provider of managed care services for government-sponsored health care programs, has shifted its pharmacy benefits management to CVS Health. With the move, CVS Health now administers pharmacy benefits and processes pharmacy claims for approximately 3.8 million WellCare members who participate in the company’s Medicaid, Medicare and Prescription
