November 28, 2017 by Bill Schiffner
CVS Caremark, CVS Health, CVS Pharmacy, Dr. Troyen Brennan, Jonathan Roberts, pharmacy benefits manager, real-time benefits
Featured Articles, Leading Headlines, Pharmacy, Retail News
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
November 6, 2017 by Bill Schiffner
Adam Fein, Aetna, Amazon, CVS Caremark, CVS Health, CVS Pharmacy, CVS-Aetna deal, Humana, Larry Merlo, Mark Bertolini, MinuteClinic, OptumRx, Pembroke Consulting, UnitedHealth
2017, Issue 11-06-2017, Issues, News
WOONSOCKET, R.I. — At presstime The Wall Street Journal along with other news agencies reported that CVS Health will offer more than $200 per share, or about $66 billion, to purchase the health insurance giant Aetna Inc. Anonymous sources cited by WSJ originated the story about a potential CVS-Aetna deal. The possible transaction comes as
October 23, 2017 by Geoff Walden and Chain Drug Review
Accredo Health Group, AllianceRx Walgreens Prime, CVS Caremark, Express Scripts, Joel Wright, Prime Therapeutics, Walgreens
2017, Issue 10-23-2017, Issues, News
ORLANDO, Fla. — Merging the specialty pharmacy and mail service capabilities of Walgreens and Prime Therapeutics LLC has created a whole that is greater than the sum of its parts, says Joel Wright, chief executive officer of the newly formed AllianceRx Walgreens Prime. Increased purchasing scale and the addition of Prime’s clinical and lives management
October 18, 2017 by Bill Schiffner
Anthem Inc., Anthem's pharmacy business, Brian Griffin, CVS Caremark, CVS Health, CVS Pharmacy, Express Scripts, IngenioRx, Larry Merlo, MinuteClinic, pharmacy benefit manager
Featured Articles, Leading Headlines, Pharmacy, Retail News
WOONSOCKET, R.I. — CVS Health has signed a five-year agreement to provide services to support IngenioRx, a new pharmacy benefit manager formed by Blue Cross Blue Shield health insurer Anthem Inc. CVS said Wednesday that its CVS Caremark PBM division will manage certain services for IngenioRx, including claims processing and prescription fulfillment. In addition, CVS
October 13, 2017 by Chain Drug Review
American Pharmacists Month, CVS Caremark, CVS Health, CVS pharmacists, CVS Pharmacy, CVS Specialty, Larry Merlo, National Pharmacy Technician Day, Omnicare, ScriptPath
Pharmacy, Retail News
WOONSOCKET, R.I. — CVS Health is honoring the patient care efforts of its 30,000 pharmacists as part of the annual American Pharmacists Month observation in October. CVS noted that its pharmacy teams are playing an increasingly important role in helping people lead healthier live by improving access to care and lowering costs for the millions
October 9, 2017 by Bill Schiffner
CVS Caremark, CVS Health, CVS Health Foundation, CVS Pharmacy, Larry Merlo, Medication Disposal for Safer Communities Program, opioid abuse, opioid painkillers, opioid utilization management
2017, Issue 10-09-2017, Issues, News
WOONSOCKET, R.I. — CVS Health unveiled a major plan that utilizes all its integrated pharmacy assets to help combat misuse and abuse of opioid painkillers. The retailer said that its enterprisewide strategy to fight the opioid epidemic includes initiatives for safe drug disposal and utilization management of pain medications, as well as increased funding for
September 25, 2017 by Brian Bossetta and Chain Drug Review
Albertsons, CVS Caremark, CVS Health, CVS Pharmacy, H-E-B, Hurricane Harvey, Hy-Vee, Kroger, Market Basket Pharmacies, National Association of Chain Drug Stores, Publix, Target Corp., Walgreens, Walmart
2017, Issue 09-25-2017, Issues, News
ARLINGTON, Va. — Though Hurricane Harvey has dissipated, it has left many in the Greater Houston area as well as parts of southwestern Louisiana reeling in its aftermath. From initial estimates it appears Harvey’s economic impact will be every bit as staggering as its winds were. Financial analysis firm Moody’s Analytics tallies the costs of
September 21, 2017 by Bill Schiffner
CVS Caremark, CVS Health, CVS Health Foundation, CVS Pharmacy, Larry Merlo, Medication Disposal for Safer Communities Program, National Drug Control Policy, opioid abuse, opioid epidemic, opioid prescribing, Pharmacists Teach, prescription drug abuse, Prescription Opioid and Heroin Epidemic Awareness Week, Richard Baum, Troyen Brennan, video
Featured Articles, Leading Headlines, Pharmacy, Retail News, Videos
WOONSOCKET, R.I — CVS Health has unveiled a sweeping plan that marshals its integrated pharmacy assets to help stem the rising tide of drug misuse and abuse, namely opioid painkillers. CVS said Thursday that its enterprisewide strategy to fight the opioid epidemic includes initiatives for safe drug disposal and utilization management of pain medications, as
August 25, 2017 by Chain Drug Review
CVS Caremark, CVS Health, CVS Pharmacy, Hurricane Harvey, Kevin Hourican
Pharmacy, Retail News
WOONSOCKET, R.I. — With Hurricane Harvey set to strike the Texas Gulf Coast, CVS Pharmacy is helping customers be prepared for the storm, including their prescription drug needs. CVS on Friday urged pharmacy patients to check with their local store to make sure they enough medication for the duration of the hurricane. “In light of
April 3, 2017 by Chain Drug Review
CVS Caremark, CVS Health, Doug Langa, Jon Roberts, Novo Nordisk, prescription savings program, Reduced Rx, Troy Brennan
2017, Issue 04-03-2017, Issues, News
WOONSOCKET, R.I. — CVS Health last month announced the launch of Reduced Rx, a prescription savings program offering discounts on certain medications directly to patients through the company’s pharmacy benefits manager, CVS Caremark. The announcement came a day after the company reported that prescription growth for CVS Caremark clients slowed in 2016 to its lowest
April 3, 2017 by Brian Bossetta
Christopher Bodine, CVS Caremark, Fred's, Mike Bloom, Peter Bocian, Safeway, Thomas Tashjian
2017, Issue 04-03-2017, Issues, News
MEMPHIS — Fred’s Inc. recently announced three new members — industry veterans Christopher Bodine, Peter Bocian and Mike Bloom — to its board of directors. At the same time, the company announced the retirement of Michael Hayes, John Eisenman and Jerry Shore from the board. During his 24-year tenure at CVS Caremark Corp., Bodine held
March 16, 2017 by Chain Drug Review
CVS Caremark, CVS Health, Doug Langa, Jon Roberts, Novo Nordisk, prescription drug savings program, Reduced Rx, Troy Brennan
Leading Headlines, Pharmacy, Retail News
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
March 15, 2017 by Chain Drug Review
CVS Caremark, CVS Caremark drug trend, CVS Health, prescription drug prices, Troyen Brennan
Featured Articles, Leading Headlines, Pharmacy, Retail News
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%
March 13, 2017 by Scot Meyer and Chain Drug Review
CVS Caremark, CVS Health, CVS Health COO, CVS Pharmacy, Jon Roberts, Larry Merlo, MinuteClinic, Omnicare
2017, Issue 03-13-2017, Issues, News
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