NEW YORK — Acquiring Aetna Inc. will better position CVS Health to improve health outcomes and bring affordable health care to more Americans, CVS president and chief executive officer Larry Merlo told National Public Radio (NPR). The addition of a health insurer like Aetna will allow CVS to provide a more comprehensive care offering to
WOONSOCKET, R.I. — CVS Health plans to acquire health insurer Aetna for roughly $69 billion in a first-of-its kind deal aimed at fending off challenges in retail and health care. The landmark CVS-Aetna merger deal comes at time when insurers are under pressure to lower medical costs, and retailers are under attack from new competitors,
WOONSOCKET, R.I. — CVS Pharmacy this week launched free, same-day delivery for prescription drugs and certain over-the-counter products in Manhattan. CVS said Wednesday that the delivery service is being offered at all locations in Manhattan. Prescriptions and OTC items can be delivered directly from CVS Pharmacy in secure, tamper-proof packaging to the customer’s door. OTC
While the changes that CVS Health’s $69 billion deal to buy Aetna may bring to the health care sector remain unclear, it’s very likely that a big beneficiary of deal would be MinuteClinic, says one market researcher. “Now these retail clinics in effect become in-house health care providers for Aetna,” explained Bruce Carlson, publisher at
WOONSOCKET, R.I., and HARTFORD, Conn. — Following mounting speculation over the past month, CVS Health has unveiled a cash-and stock-deal to acquire health insurer Aetna Inc. for $69 billion. CVS and Aetna said Sunday evening that under the merger pact, Aetna shareholders will receive about $207 per share, including $145 in cash and 0.8378 CVS
Speculation about a potential CVS Health acquisition of health insurer Aetna has been mounting over the past month, and now it may have reached a crescendo. Published reports say the companies are in advanced negotiations and that a CVS-Aetna deal could be announced as soon as next week, according to an anonymous source cited in
WOONSOCKET, R.I. — CVS Health has released findings from a poll on flu immunization as it urges families to get their shots during National Influenza Vaccination Week with the approach of peak flu season. A recent CVS survey found that 61% of Americans get a flu vaccine every year or plan to get one this
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
NEW YORK — A deal for CVS Health to acquire Aetna Inc. could happen by the end of the month, published reports say. Citing anonymous sources, The Wall Street Journal reported Monday that CVS was nearing a $66 billion agreement to buy the health insurer, according to reports. The news of a potential CVS-Aetna merger
U.S. Surgeon General Jerome Adams, M.D., and Sen. Sheldon Whitehouse (D., R.I.) hailed CVS Health’s efforts to cut tobacco use in a recent hearing of the Senate Health, Education, Labor and Pensions (HELP) Committee. The session, titled “Encouraging Healthy Communities: Perspective from the Surgeon General” and held last week, focused on furthering public wellness and
SAN FRANCISCO — McKesson Corp. has agreed to buy RxCrossroads, a provider of tailored services to pharmaceutical and biotechnology manufacturers, from CVS Health. The deal, expected to close early next year, is valued at $735 million, or about $635 million net of the present value of incremental cash tax benefits. It will be funded by
WOONSOCKET, R.I. — In its continued commitment to workforce development, CVS Health announced today it has set a goal of hiring 5,000 new apprentices by 2022. This newly established goal, which coincides with the U.S. Department of Labor’s National Apprenticeship Week, reflects an expansion of the company’s Registered Apprenticeship program to seven additional states, including
WOONSOCKET, R.I. — CVS Health has announced today that naloxone opioid overdose-reversal medication is now available without an individual prescription at all of the 300 CVS Pharmacy locations in Michigan, including those located inside Target stores. In addition, the retailer announced it will be available at 77 CVS locations in Oaklahoma and 20 CVS locations
SAN FRANCISCO — McKesson Corp. announced late Monday that it had signed a definitive agreement to purchase RxCrossroads, a provider of tailored services to pharmaceutical and biotechnology manufacturers, from CVS Health. The transaction is valued at $735 million, or approximately $635 million net of the present value ofincremental cash tax benefits, and will be funded by
