WOONSOCKET, R.I.— CVS Health has issued the following statement regarding Ohio Department of Medicaid’s report on PBM performance for managed care plans: “CVS Health is pleased that a report issued today that was commissioned by the Ohio Department of Medicaid (ODM) on pharmacy benefit manager (PBM) performance for the state’s Medicaid managed care plans confirms that our
WOONSOCKET, R.I. — CVS Health president and chief executive officer Larry Merlo will join an exceptional mix of business experts and thought leaders who will share their insights on the accelerated pace of change in health care and how innovation, investments in technology, emerging business models and new competition are transforming the $3.6 trillion health care industry sector during Spotlight Health,
PHOENIX — CVS Health has expanded its safe medication disposal program to select CVS Pharmacy locations in Arizona to help facilitate proper and timely disposal of opioids and other medications that could be diverted or misused if left in medicine cabinets. Arizona Attorney General Mark Brnovich attended the launch of the program at a Phoenix CVS Pharmacy
WOONSOCKET, R.I. — For the second year in a row, CVS Health has been named an honoree of The Civic 50 by Points of Light, the world’s largest organization dedicated to volunteer service, for being one of the most community-minded companies in the United States. “As America’s front door to health care, we recognize the importance of
RICHMOND, Va. — CVS Health announced that the company has expanded its safe medication disposal program to select CVS Pharmacy locations in Virginia to help facilitate proper and timely disposal of opioids and other medications that could be diverted or misused if left in medicine cabinets. Virginia Attorney General Mark Herring, Chesterfield Deputy Chief of Police,
WOONSOCKET, R.I. — CVS Health has applauded the enactment of the VA Mission Act, which enhances veteran access to community care through the U.S. Department of Veterans Affairs (VA). The new law builds upon several successful programs CVS Health has implemented in coordination with the Department to increase veterans’ access to health care services through walk-in care
WOONSOCKET, R.I. — CVS Health has announced the management team that, following the close of the Aetna acquisition, will lead the combined company into the future. Aetna will operate as a stand-alone business unit within the CVS Health enterprise following the close and will be led by members of its current management team. In addition,
WOONSOCKET, R.I. — CVS Health last month named Dr. Marc-David Munk as the new chief medical officer of MinuteClinic, the company’s retail medical clinic subsidiary, as well as associate chief medical officer of CVS Health. In his new role, Munk will lead and oversee MinuteClinic’s patient care strategies, with a focus on ensuring that MinuteClinic
WASHINGTON — CVS Health and Walgreens have commended President Trump for vowing in a speech today to fight high drug prices. Issuing a sweeping plan to bring down prices, Trump again castigated drug manufacturers, while spreading blame to PBMs, wholesalers, foreign governments and his predecessors in Washington. “Everyone involved in the broken system — the drugmakers, insurance
BOSTON — Buoy Health, a start up health technology company that develops digital tools, has entered into an agreement with CVS Health’s MinuteClinic subsidiary to provide patients with access to convenient, accessible and affordable care at any of its over 1,100 MinuteClinic locations nationwide. The relationship, which will be available to patients through www.buoyhealth.com later
WOONSOCKET, R.I. — Today at HLTH 2018, a health care innovation conference taking place this week in Las Vegas, Nevada, CVS Health chief medical officer Dr. Troyen Brennan delivered a keynote address outlining CVS Health’s unique potential to help change current paradigms for addressing population health. Dr. Brennan outlined how the combination of data-driven insights
MEMPHIS — Fred’s Inc. has reported that CVS Health is purchasing its specialty pharmacy business EntrustRx for $40 million. The general merchandise and pharmacy store announced yesterday afternoon that it had reached a definitive agreement to sell certain assets of its specialty pharmacy unit — EntrustRx — to CVS Health for $40 million “plus an
WOONSOCKET, R.I. — CVS Health’s revenue was on the rise as it filled more prescriptions and benefited from a lower effective tax rate, the company said today in reporting its operating results for the three months ended March 31. The drug store chain said its first quarter revenue increased 2.6% to $45.7 billion from $44.5
WOONSOCKET, R.I. — CVS Health today underscored its commitment to helping communities safely dispose of unwanted medications, particularly as an important step in helping to address and prevent opioid abuse and misuse. The company announced its safe medication disposal efforts have collected nearly 350,000 pounds, or 158 metric tons, of unwanted medication. This Saturday, April
