NEW YORK — Three of the largest U.S. companies — Berkshire Hathaway, Amazon and JPMorgan Chase & Co. — have joined together to take employee health care into their own hands. Berkshire Hathaway, Amazon and JPMorgan Chase said Tuesday that they plan to form an independent health care company to provide their employees accessible, affordable and quality care.
WOONSOCKET, R.I. — CVS Pharmacy and the American Dental Association have announced a three-year initiative that gives the ADA a continuous in-store and digital presence to help put millions of dental patients on a path to better overall health. A core component of the initiative is to give premium placement and promotion to dental care
COLUMBIA, S.C. — CVS Health is deploying safe medication disposal containers to CVS Pharmacy stores in South Carolina. CVS said Tuesday that 22 drug disposal units will be installed at CVS Pharmacy locations in South Carolina over the next few weeks. These will add to the 24 CVS medication disposal kiosks donated to police and sheriff departments
WOONSOCKET, R.I. — Longtime CVS merchandising and beauty executive Cheryl Mahoney has passed away after a long illness, Chain Drug Review has learned. Mahoney, who died on Sunday, was with the company for more than 40 years, most recently as vice president of retail merchandising and promotion and business development at CVS Health. “Cheryl Mahoney was
WOONSOCKET, R.I. — CVS Health has added a rheumatoid arthritis program to its Transform Care offering to help pharmacy benefit management clients better manage care and costs for certain disease states. Called Transform Rheumatoid Arthritis Care, the new program aims to foster the use of lower-cost therapies via pharmacy network and utilization management tools, along with value-based
What will the second year of the Trump administration look like? Is the demise of the Affordable Care Act imminent? Will pharmacists get the greater role in health care they have long sought? These are among the questions top chain drug industry executives are pondering as they look to 2018. With spiraling health care costs and
WOONSOCKET, R.I. — CVS Health is bringing more transparency to beauty care marketing with the introduction of the CVS Beauty Mark, a watermark highlighting imagery that hasn’t been materially altered. Plans call for the CVS Beauty Mark to begin appearing on CVS Pharmacy-produced beauty images — including for stores, websites, social media and marketing materials — this
WOONSOCKET, R.I. — CVS Health executives expressed confidence in the company’s growth strategy earlier this month, and also noted that the recently passed tax overhaul packaged should boost its cash flow by an estimated $1.2 billion. The remarks came in a conference call following an announcement of CVS Health’s 2018 earnings outlook. CVS Health said
WOONSOCKET, R.I. — In an update for investors, CVS Health executives expressed confidence in its growth outlook and noted that the recently passed tax overhaul package should boost its cash flow by an estimated $1.2 billion. The remarks came yesterday in a conference call after the company’s announcement of its earnings expectations for 2018. CVS
WOONSOCKET, R.I. — Kevin Hourican is a relative newcomer to community pharmacy, but that hasn’t prevented him from helping CVS Health live up to its positioning as a pharmacy innovation company. Since being named executive vice president of retail pharmacy and supply chain 18 months ago, Hourican, who was trained in economics and supply chain
A case could be made that for pharmacy operators passage of the Tax Cuts and Jobs Act late last month was the biggest story of 2017. Championed by the Republican leadership in Congress and President Trump, the $1.5 trillion measure will provide substantial, permanent tax relief for businesses — the corporate tax rate was cut
The pending $69 billion acquisition of Aetna by CVS could yield valuable lessons for others in the health care and drugstore sectors as they seek to forge stronger ties to consumers. What interests us here is the potential for the CVS-Aetna merger to create new, meaningfully differentiated brand experiences for consumers. CVS has nearly 10,000
WASHINGTON — CVS Health’s Helena Foulkes has been tabbed as one of the keynote speakers at the National Retail Federation’s 2018 annual convention in Manhattan. Foulkes, executive vice president of CVS Health and president of CVS Pharmacy, will address the theme “empowering customers to make everyday health care better” in her presentation, scheduled for Jan.
WOONSOCKET, R.I. — The CVS Health Foundation is making a $550,000 grant to the Alzheimer’s Association to boost its support for a new program to enhance disease diagnosis and assessment with clinicians and to educate them about care and support programs to help families. CVS said the grant, which is being shared with six local
