PROJ-SUN_1170x120_6-24-20

CVS

CVS inks delivery deal with DoorDash

CVS inks delivery deal with DoorDash

WOONSOCKET, R.I.— CVS Pharmacy has announced a new partnership with DoorDash that will offer consumers the opportunity to have over-the-counter medications, grocery products, and other products delivered to their front doors as part of same-day delivery services. These expanded delivery services look to allow customers to continue shopping while staying safely at home during the

CVS to stock GLUCODOWN diabetic beverage drink this summer

CVS to stock GLUCODOWN diabetic beverage drink this summer

BENTONVILLE, Ark. —  Glucose Health announced that GLUCODOWN diabetic nutritional beverage will be available at CVS pharmacies beginning this summer. In keeping with CVS’s long-standing commitment to improving the health and well-being of its diabetic and pre-diabetic customers, CVS is updating and expanding the diabetic care section at many of its pharmacies. The expanded section will

Strong sales propel CVS’ Q1 earnings

Strong sales propel CVS’ Q1 earnings

WOONSOCKET, R.I. — Strong sales during the early stage of the coronavirus pandemic helped lift CVS Health’s first quarter earnings well above Wall Street’s projection. The company’s adjusted earnings per share of $1.91 easily topped analysts’ prediction of $1.63. The comparison is skewed however, by the inability of forecasters to have projected the extent of

CVS adds drive-thru testing site in Michigan

CVS adds drive-thru testing site in Michigan

DEARBORN, Mich. — CVS Health launched a rapid COVID-19 drive-thru testing site here, in conjunction with federal and state officials. The site will provide state residents with rapid testing and on-the-spot results at no cost, using the new Abbott ID NOW  test. CVS has opened similar large-scale rapid testing sites in Connecticut, Georgia, Massachusetts and

PCMA adds Asher to board, Lotvin named chairman

PCMA adds Asher to board, Lotvin named chairman

WASHINGTON— The Pharmaceutical Care Management Association (PCMA) announced that Drew Asher will be joining PCMA’s board of directors. He is the chief executive officer of Envolve Pharmacy Solutions. PCMA is the national association representing America’s pharmacy benefit managers (PBMs) which administer prescription drug plans for more than 266 million Americans with health coverage through Fortune

CVS acquires Schnucks’ pharmacy business

CVS acquires Schnucks’ pharmacy business

WOONSOCKET, R.I. — CVS Pharmacy and Schnucks have entered into a definitive agreement for CVS Pharmacy and certain of its subsidiaries to acquire Schnuck Markets retail and specialty pharmacy businesses. Through this agreement, CVS Pharmacy and its subsidiaries will acquire and operate 99 of the grocer’s pharmacies and will brand them as CVS Pharmacy. Additionally,

CVS PBM ends out-of-pocket costs for diabetes drugs

CVS PBM ends out-of-pocket costs for diabetes drugs

WOONSOCKET, R.I. — CVS Health unveiled a new solution that eliminates out-of-pocket costs associated with all diabetes prescription medications, including insulin, for members of the company’s pharmacy benefit manager. Offered through the CVS Caremark PBM, RxZERO enables employers and health plan sponsors to leverage formulary and plan design approaches to offer all categories of diabetes

Retail pharmacies will overcome biased story

Retail pharmacies will overcome biased story

As The New York Times has been doing of late with astonishing regularity and surprising frequency, the newspaper of record has at last gotten round to demolishing the retail pharmacy business. In a front-page story on February 1, the Times shrieked, in its headline, that “Overloaded Pharmacists Warn They’re Making Fatal Mistakes.” The story proceeded

CVS announces upcoming changes to its board of directors

CVS announces upcoming changes to its board of directors

WOONSOCKET, R.I. — CVS Health has announced upcoming changes to its board of directors. Richard “Dick” Swift, Richard Bracken and Mark Bertolini will not stand for reelection at the company’s 2020 Annual Meeting. The board will then be reduced from 16 to 13 directors in order to further align with corporate governance best practices. Swift, the former

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