WOONSOCKET, R.I. — CVS Health reported strong sales gains and topped Wall Street’s consensus earnings forecast for the 2016 first quarter. CVS said Tuesday that for the three months ended March 31, overall revenue climbed 18.9% to $43.2 billion from $36.3 billion a year earlier. Sales in the Retail/LTC Segment, which includes CVS Pharmacy drug stores
WOONSOCKET, R.I. — CVS Health has expanded health services at its Longs Drugs and MinuteClinic locations in Hawaii for people with hepatitis B, hepatitis C and other liver diseases. CVS said Monday that the initiative is part of a statewide effort to heighten awareness about the prevalence of hepatitis A, B and C in Hawaii
WOONSOCKET, R.I. — To date, CVS Health has donated more than 500 drug collection units to law enforcement partners — accounting for the safe disposal of over 35 metric tons of unwanted medication — through its Medication Disposal for Safer Communities Program. CVS marked the achievement on Wednesday in recognition of National Prescription Drug Take
WOONSOCKET, R.I. — MinuteClinic’s locations in the Chicago area now include Target stores. CVS Health said Monday that MinuteClinics have opened inside 13 Target stores in Cook, DuPage, Kane and Lake counties in Illinois. Chicago represents MinuteClinic’s largest metropolitan market in the United States. The new retail health clinics give MinuteClinic 56 locations overall in
Drug stores are an integral part of daily life for many consumers, who embrace them as a one-stop shop to pick up essentials, grab a snack and refill a prescription on the go. Even as the drug store channel has consolidated in recent years, these retailers have not been slack in coming up with ways
CVS Health’s partnership with and investment in Curbside could help CVS Pharmacy enhance its front-end business by picking up some purchases that may be migrating to online retailers, according to analyst Scott Mushkin of Wolfe Research. ‘Where Do You Buy Your Everyday Essentials?’ Source: Wolfe Research, “Pure Food Trend Matures” (4/1/16). CVS announced last week
WOONSOCKET, R.I. — CVS Health has opened its first CVS Pharmacy locations inside Target stores in Utah. CVS said Thursday that the 13 new pharmacies are at Target stores in the Ogden–Clearfield, Provo–Orem, Salt Lake City and St. George, Utah, metropolitan areas. They join 11 CVS Pharmacy drug stores in the state. In Target stores,
WOONSOCKET, R.I. — CVS Health has launched CVS Express, a curbside and in-store pickup service for nonprescription items that’s accessed via the CVS Pharmacy app. CVS said Tuesday that the service is one of fruits of the CVS Digital Innovation Lab and was developed in partnership with Palo Alto, Calif.-based Curbside, the maker of the
WOONSOCKET, R.I. — CVS Health’s specialty pharmacy, CVS Specialty, has been awarded Specialty Pharmacy accreditation from URAC, a nonprofit agency that promotes health care quality through the accreditation of organizations engaged in health care services. “Receiving accreditation from URAC demonstrates our commitment to providing high-quality care to patients served by CVS Specialty,” stated Alan Lotvin,
NEW YORK — The new landscape of chain drug retailing came into sharper relief over the past year. Integration and consolidation were the themes, as Walgreens Boots Alliance Inc. (WBA) assimilated its global holdings while agreeing to buy Rite Aid Corp., and CVS Health picked up Target Corp. pharmacies as well as long-term-care pharmacy leader
LOS ANGELES — CVS Health has launched its CVS Pharmacy y más Hispanic store format in Los Angeles, the second major market to have the concept. Plans call for nine CVS Pharmacy y más stores in the greater Los Angeles area, CVS said Thursday. Through August, the CVS pharmacy y más stores will open in South
BOSTON — CVS Health’s MinuteClinic has teamed up with the Cleveland Clinic and American Well to provide telehealth services in Ohio and West Virginia. Telehealth solution provider American Well said Wednesday that the collaboration marks a first for the industry. Under the arrangement, American Well telehealth services will connect Cleveland Clinic providers with MinuteClinic customers
WOONSOCKET, R.I. — CVS Specialty, the specialty pharmacy arm of CVS Health, has been awarded Specialty Pharmacy accreditation from health care standards accrediting body URAC. CVS said Tuesday that the URAC specialty pharmacy accreditation program assesses organizational standards, including pharmacy care; customer service, communication and disclosure standards; specialty drug and patient management; and pharmacy operations.
WOONSOCKET, R.I. — CVS Health has pledged to spend $50 million over the next five years on an initiative with the ambitious goal of helping to deliver the nation’s first tobacco-free generation. The initiative, called “Be the First,” represents a further broadening of CVS’ reach as a health care advocate. Funded by CVS Health and
