WOONSOCKET, R.I. — CVS Health has entered into clinical affiliations with Rush University Medical Center in Chicago and Tucson Medical Center in Tucson, Ariz., and its Arizona Connected Care accountable care organization. CVS said Tuesday that through the clinical collaborations it will provide prescription and visit information to the health providers via the integration of
SILVER SPRING, Md. — CVS/pharmacy president Helena Foulkes will be honored next month by the Tuberous Sclerosis Alliance (TS Alliance) at the organization’s 14th Annual Comedy for a Cure. The TS Alliance said Friday that Comedy for a Cure will be held April 12 at the Globe Theater in Universal City, Calif. Foulkes also is
WOONSOCKET, R.I. — CVS Health has made a series of promotions, led by the appointment of Josh Flum as executive vice president of pharmacy services. The company announced the organizational changes on Wednesday. Flum previously served as senior vice president of retail pharmacy. In addition to overseeing retail pharmacy operations, pharmacy professional services, and payer relations,
WOONSOCKET, R.I. — Troy Brennan, executive vice president and chief medical officer at CVS Health, delivered the closing keynote address at the 2015 Business Health Agenda conference held in Washington, D.C. by the National Business Group on Health. Speaking Friday morning, Brennan outlined ways that pharmacy care can play a key role in addressing health
WOONSOCKET, R.I. — CVS Health marked the one-year anniversary of its decision to stop selling tobacco products in its stores by releasing data about the impact of its efforts to help Americans stop smoking. The company says that its messages about the importance of quitting smoking are reaching millions of Americans. And for customers who take
Rite Aid’s acquisition of PBM EnvisionRx was seen by industry observers as a big plus for the drug chain. Fitch Ratings called the deal “a positive move as it will enable the company to expand its distribution channels by getting a foothold in the specialty and mail-order channels.” “The acquisition is supported by Rite Aid’s improved
WASHINGTON — Larry Merlo basked in the glow of a tribute to CVS Health from President Obama during the State of the Union address last month. Attending the speech at the invitation of first lady Michelle Obama, the CVS chief executive officer was shown on national television after the president said, “Tonight, I’m also asking more
LAKEWOOD, Ohio — Highlighting the Obama administration’s partnerships with drug chains to boost health plan enrollment, Health and Human Services (HHS) Secretary Sylvia Burwell last month toured a CVS/pharmacy store here. Burwell’s visit also was intended to urge people to sign up for health insurance by the February 15 deadline in the current open enrollment period
The new year is just over a month old and already the chain drug industry has seen its fair share of noteworthy events. Walgreens Boots Alliance had a coming out party, opening trading at NASDAQ and unveiling its new corporate logo; Brian Unmacht became the first person outside the Bartell family to serve as president
WOONSOCKET, R.I. — CVS Health and Gilead Sciences have reached a deal to make Gilead’s hepatitis C drugs, Harvoni and Sovaldi, the exclusive option for patients on its commercial drug list, as well as for those it manages on health care exchanges, Medicare Part D and Medicaid. The move partly counteracts a recent decision by
In the not-too-distant past community pharmacy was correctly perceived as a conservative business whose members were intent on operating within a well-defined set of parameters and not rocking the boat. A generation ago it wasn’t uncommon to hear members of the profession joke about what they did as “lick, stick and pour.” The industry as
WOONSOCKET, R.I. — The editors of Chain Drug Review have named Helena Foulkes, president of CVS/pharmacy, and her colleagues on the company’s retail leadership team as the publication’s Chain Drug Retailers of the Year for 2014. Though Foulkes has been in this position for only 12 months, the group of veteran executives that she heads
NEW YORK — CVS Health “has made the right moves,” and is “very excited about the enterprise that we have become,” president and chief executive officer Larry Merlo said at the company’s annual Analyst Day here. CVS is well positioned to meet the changing needs of consumers, payers and providers with its integrated retail pharmacy,
Which events were most significant for chain drug retailing in 2014? As usual, that is not an easy question to answer. In many ways, 2014 was a remarkable year for the chain drug industry, one in which the character of the business was changed, probably irrevocably. The industry assumed a global character for perhaps the
