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Larry Merlo

CVS Health tops Q2 earnings forecast

CVS Health tops Q2 earnings forecast

WOONSOCKET, R.I. —  CVS Health on Wednesday posted second quarter revenue and earnings well ahead of Wall Street’s  expectations. The company also boosted its full-year  guidance, as Aetna sales continue to help lift the group’s overall bottom line. The company reported net income of $2.986 billion, or $2.26 a share, in the period ended June

CVS issues Path to Better Health Study

CVS issues Path to Better Health Study

WOONSOCKET, R.I. — The American health care system is undergoing a period of rapid transformation. With a global pandemic as the backdrop, CVS Health has released the 2020 Path to Better Health Study, where consumers and providers were asked for their thoughts on the state of health care and how they are navigating this evolving landscape.

CVS Health commits nearly $600 million to address racial inequality

CVS Health commits nearly $600 million to address racial inequality

WOONSOCKET, R.I. — CVS Health announced it will invest nearly $600 million over five years to advance employee, community and public policy initiatives that address inequality faced by Black people and other disenfranchised communities. The investment follows a commitment from president and CEO Larry Merlo to evaluate how the company operates and how it can use its

CVS adds more testing capabilities in Florida amid rise in COVID-19 cases

CVS adds more testing capabilities in Florida amid rise in COVID-19 cases

WOONSOCKET, R.I. — In an ongoing effort to help slow the spread of the virus, CVS Health expanded its COVID-19 testing program by announcing 38 additional test sites at select CVS Pharmacy drive-thru locations across Florida. The opening of additional test sites on Friday, June 26 add to the 81 locations previously opened in Florida. The opening of

CVS Health expands testing capabilities in California

CVS Health expands testing capabilities in California

WOONSOCKET, R.I. —  In an ongoing effort to help slow the spread of the virus, CVS Health has expanded its COVID-19 testing program by announcing 35 additional test sites at select CVS Pharmacy drive-thru locations across California. The opening of additional test sites on Friday, June 26 add to the 107 locations previously opened in California. The opening of these

CVS Health opens 10 new drive-thru test sites in Kansas

CVS Health opens 10 new drive-thru test sites in Kansas

WOONSOCKET, R.I.— Building on the company’s comprehensive efforts to help slow the spread of the virus, on Friday, June 12 CVS Health  will open 10 new COVID-19 test sites at select CVS Pharmacy drive-thru locations across Kansas. These new sites will utilize self-swab tests and deliver on the company’s commitment to establish 1,000 locations across the country

CVS establishes 1,000 COVID-19 test sites across the country

CVS establishes 1,000 COVID-19 test sites across the country

WOONSOCKET, R.I. — Delivering on a commitment the company made in April, CVS Health announced it will open an additional COVID-19 test sites at select CVS Pharmacy drive-thru locations on Friday, May 29 to establish a total of 1,000 sites across more than 30 states and Washington, DC. “It’s no small feat to operationalize 1,000 test sites in weeks

CVS opening 36 new drive-thru test sites in New York

CVS opening 36 new drive-thru test sites in New York

WOONSOCKET, R.I. — Building on the company’s comprehensive efforts to help slow the spread of the virus, on Friday, May 22 CVS Health will open 36 new COVID-19 test sites at select CVS Pharmacy drive-thru locations across New York. The opening of additional test sites across the state and country will be announced by the end of

CVS Health remains committed to testing

CVS Health remains committed to testing

WOONSOCKET, R.I. —Building on the company’s comprehensive efforts to help slow the spread of the virus, on Friday, May 15 CVS Health will open more than 50 COVID-19 test sites at select CVS Pharmacy drive-thru locations across Arizona, Connecticut, Florida, Massachusetts and Pennsylvania. The opening of hundreds of additional test sites across the country 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

Retailers meet at the White House to accelerate COVID-19 testing

Retailers meet at the White House to accelerate COVID-19 testing

 Entrenched assumptions about the role of community pharmacy are being uprooted by the COVID-19 crisis, and leaders of five of the nation’s largest retailers accelerated the process earlier this week during a meeting with President Trump and the Coronavirus Task Force at the White House. The executives were there to lend support to the public-private

Pharmacy front and center at the White House and in service to nation with other health care heroes

Pharmacy front and center at the White House and in service to nation with other health care heroes

WASHINGTON – At the White House yesterday, NACDS chairman of the board Richard Ashworth, president of Walgreens, lauded the dedication and professionalism of pharmacists serving in communities throughout the nation. Remarks of Ashworth and of the leaders of four other NACDS member companies signaled ongoing expansion of COVID-19 testing through public-private partnerships, and were delivered

CVS Health to significantly expand COVID-19 testing capabilities

CVS Health to significantly expand COVID-19 testing capabilities

WOONSOCKET, R.I. — CVS Health  joined other pharmacy chains and retailers at the White House on Monday to announce the next phase in COVID-19 testing. In addition to the large-scale test sites the company has been operating since March, CVS Health will utilize its expansive community presence to bring testing closer to home while maintaining

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