WOONSOCKET, R.I. — Just after the Thanksgiving weekend, CVS Health announced that it has completed its acquisition of Aetna, establishing CVS Health as the nation’s premier health innovation company. “Today marks the start of a new day in health care and a transformative moment for our company and our industry,” declared CVS Health president and
U.S. district court judge Richard Leon put somewhat of a damper on CVS Health’s merger with Aetna earlier this month when he indicated that he might order a halt to the integration of the companies, which finalized their $78 billion tie-up in late November after winning approval from the Department of Justice and state regulators.
WOONSOCKET, R.I. — CVS Health is introducing a new approach to the pricing of Pharmacy Benefit Management (PBM) services. The new Guaranteed Net Cost pricing model simplifies the financial arrangements underlying PBM contracts and focuses on helping plan sponsors deliver savings through PBM cost management strategies such as formulary, utilization management and performance pharmacy networks. This
WOONSOCKET, R.I. — CVS Pharmacy has completed the rollout of time delay safes in all of its 77 CVS Pharmacy locations in Kentucky. The safes will help prevent pharmacy robberies and combat the ongoing opioid epidemic by helping to prevent diversion of controlled substance narcotic medications by keeping them out of the hands of unauthorized individuals. In
WOONSOCKET, R.I. — In conjunction with National Influenza Vaccination Week (Dec. 2-8), CVS Health is reminding customers that it is not too late to get a flu shot to protect themselves and their loved ones from the flu. The Centers for Disease Control and Prevention (CDC) established National Influenza Immunization Week (NIVW) in 2005 to
NEW YORK— According to a story in Newsday, New Hyde Park-based Northwell Health is working on a pilot program with CVS Health to increase access to HIV testing and promote prevention efforts in Long Island and Queens communities where the virus is highly prevalent. Clinicians and outreach workers from Northwell’s Center for AIDS Research and
WOONSOCKET, R.I. – CVS Health today announced that it has completed its acquisition of Aetna establishing CVS Health as the nation’s premier health innovation company. “Today marks the start of a new day in health care and a transformative moment for our company and our industry,” declared CVS Health president and chief executive officer Larry Merlo.
WOONSOCKET, R.I. — According to published reports in Crain’s New York Business, the state Department of Financial Services has approved CVS Health’s $69 billion acquisition of insurer Aetna on Monday morning, lifting the final hurdle to the deal’s closure. Aetna said in a Securities and Exchange Commission filing the companies expect the deal to close
WOONSOCKET, R.I. — According to published reports, CVS Health says it now expects to close its $69 billion acquisition of Aetna after the Thanksgiving holiday, after saying earlier this month that it anticipated the deal would close before the holiday. CVS says it has received approval from 26 of the 28 state departments of insurance and
WOONSOCKET, R.I. – MinuteClinic, the retail medical clinic of CVS Health, announced today that it has received its fifth consecutive accreditation by The Joint Commission, the Gold Seal of Approval for Ambulatory Health Care Accreditation, demonstrating continuous compliance with its nationally recognized standards. MinuteClinic was the first national retail clinic provider to be accredited by The
WOONSOCKET, R.I. — CVS Health, the nation’s first and only national pharmacy chain to have eliminated the sale of tobacco products from its retail stores, today announced its support for the U.S. Food and Drug Administration’s plans to restrict access to flavored tobacco and e-cigarette products in the retail setting and impose stricter age-verification requirements for
PHILADELPHIA — In its continuing commitment to expand work-based learning and externship opportunities for students, CVS Health has announced a new collaboration with Philadelphia Job Corps, Philadelphia Works and Philadelphia Youth Network to deliver a pre-apprenticeship and apprenticeship program for pharmacy technicians in the greater Philadelphia area. “As the skills gap in the U.S. widens, CVS
WOONSOCKET, R.I.— Prescription antibiotics are a critical treatment for many illnesses. But there are cases when antibiotics aren’t needed or effective. According to the Centers for Disease Control and Prevention (CDC), 20 to 50% of all antibiotics prescribed in U.S. acute care hospitals are either unnecessary or inappropriate.i Besides exposing patients to adverse effects, a
WOONSOCKET, R.I. — Strong gains in the pharmacy retail business helped CVS Health beat analysts’ third quarter earnings and revenue expectations. The company also announced on Tuesday that it anticipates the $69 billion Aetna deal to close before Thanksgiving. Net revenues for the three months ended September 30 increased 2.4%, or $1.1 billion, to about
