WOONSOCKET, R.I. — CVS Health announced on Tuesday that it has appointed Shawn Guertin as executive vice president and chief financial officer, effective May 28. Guertin succeeds Eva Boratto, who is leaving the company after a successful 11-year career. “Shawn is an extraordinary leader with a proven track record of developing financial strategies to help companies
WOONSOCKET, R.I. — CVS Health on Tuesday reported strong first-quarter sales and earnings that beat analysts’ estimates. Net income for the period ended March 31 surged 10.5% to $2.22 billion, or $1.68 per share. Adjusted earnings climbed 6.8% from a year earlier to $2.04 per share, well above Wall Street’s forecast of $1.72 per share.
NEW YORK — Now that more Americans are getting vaccinated in the race to build up enough herd immunity to beat the pandemic, questions are mounting as to how long the protection from those shots will last. Along with the unknown duration of immunity the shots offer, there’s also the worry of emerging variants that
WOONSOCKET, R.I. — For Karen S. Lynch, health care is personal. On National Caregivers Day in late February, she shared some thoughts on LinkedIn about her aunt Millie, whom Lynch, when she was in her early 20s, looked after, and recalled the difficulties in navigating the complexities of the American health care system. “Ultimately, those
WOONSOCKET, R.I. — The following is attributed to Karen S. Lynch, president and chief executive officer, CVS Health: “President Biden’s decision to double the number of participants in the Federal Retail Pharmacy Program is a testament to its success, and an acknowledgment that pharmacies will continue to be one of the most convenient vaccine access
WOONSOCKET, R.I. — CVS Health announced Thursday that it has nearly doubled the number of states where select CVS Pharmacy locations are offering COVID-19 vaccines to eligible populations through the Federal Retail Pharmacy Program (FRPP). The company is now administering vaccines in nearly 1,200 stores across 29 states and Puerto Rico incuding: Alabama, Arizona, California, Colorado, Connecticut,
WOONSOCKET, R.I. — CVS Health has added Alabama, Arizona, Florida, Louisiana, Ohio, and Pennsylvania to the list of states where select CVS Pharmacy locations will offer COVID-19 vaccinations to eligible populations through the Federal Retail Pharmacy Program. This follows the successful February 12 rollout in 11 states: California, Connecticut, Hawaii, Maryland, Massachusetts, New Jersey, New York, Rhode Island, South Carolina, Texas and Virginia. Appointments
WOONSOCKET, R.I. — To address housing insecurities and promote community health improvement in vulnerable populations, CVS Health invested over $114 million in affordable housing in 2020. The company’s investments over the past year will lead to the construction and rehabilitation of more than 2,800 affordable housing units in 30 cities, across 12 states. Throughout 2020,
WOONSOCKET, R.I. —CVS Health announced Friday its community-based strategy to address potential inequities related to COVID-19 vaccine access in vulnerable communities, with a particular focus on Black and Hispanic populations. The strategy includes proactive patient outreach, community-based partnerships and vaccine clinics, and robust, education-focused marketing, all aimed at increasing COVID-19 vaccination rates. “We are committed
WOONSOCKET, R.I. — CVS Health’s fourth quarter sales and earnings easily beat Wall Street’s projections, as a rise in script counts lifted its results. Adjusted earnings per share were $1.30, bettering analysts’ forecast by 6 cents. Revenue for the period ended December 31 rose 4% from a year earlier to $69.55 billion, also topping predictions.
WOONSOCKET, R.I. — Beginning Thursday, February 11, CVS Health will start to offer COVID-19 vaccinations to eligible populations at a limited number of CVS Pharmacy locations across 11 states. Supply for the initial rollout, which is sourced directly from the federal government through the pharmacy partnership program, will be approximately 250,000 total doses. As more
WOONSOCKET, R.I. — CVS Health announced on Monday that Karen Lynch has assumed the position of president and chief executive officer at the company. In her new role, she will lead nearly 300,000 colleagues who are passionate about transforming health care to be simpler, more convenient and more personalized. As previously announced, Lynch is replacing
WOONSOCKET, R.I. — CVS Health announced it has administered the first round of COVID-19 vaccine doses to nearly 8,000 skilled nursing facilities across the country, delivering on goals established early in the process and communicated to participating states and jurisdictions months ago. Administration of second doses is well underway and expected to be complete within
WOONSOCKET, R.I. — The following is attributed to Karen S. Lynch, currently Executive Vice President, CVS Health and President, Aetna, who will become the company’s next President and CEO on February 1: “We agree with President-elect Biden that pharmacies will play a critical role in the next phase of the COVID-19 vaccine rollout and appreciate his leadership