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Alec Cunningham

CVS Health beats Q4 earnings and revenue

CVS Health beats Q4 earnings and revenue

WOONSOCKET, R.I. — CVS Health reported Wednesday fourth-quarter earnings and revenue that beat Wall Street’s expectations, aided by higher sales in its pharmacy benefit management business. The company also announced some leadership changes, including the departure of CVS Caremark president Derica Rice and his replacement by Dr. Alan Lotvin, who had led CVS’ transformation efforts.