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Larry Merlo

CVS expands focus on helping people quit smoking

CVS expands focus on helping people quit smoking

WOONSOCKET, R.I.  — Five years after it made the bold move to pull tobacco products from CVS Pharmacy locations, CVS Health said Monday it is expanding its focus on helping people quit smoking. Be The First, the five-year, $50 million dollar initiative by the company and the CVS Health Foundation to help create the first

CVS Health’s Q2 earnings beat expectations

CVS Health’s Q2 earnings beat expectations

WOONSOCKET, R.I.— CVS Health stock rose nearly 6% in pre-market trading on Wednesday after the company reported strong second quarter operating results for the three months ending June 30, 2019. Second quarter earnings beat Wall Street’s expectations and the company significantly raised its own projection for full-year earnings. “We posted strong second quarter results, with

CVS outlines strategy to accelerate growth

CVS outlines strategy to accelerate growth

WOONSOCKET, R.I. — The executive team of CVS Health on Tuesday outlined a series of transformation initiatives at its 2019 Investor Day event, showing how the company plans to accelerate enterprise growth, simplify a consumer health system that is confusing and inconvenient, and position the company for long-term growth and increased shareholder value. The company also

CVS ahead of Q4 earnings forecasts

CVS ahead of Q4 earnings forecasts

WOONSOCKET, R.I. — CVS Health posted stronger-than-expected fourth quarter earnings Wednesday but issued 2019 profit guidance that fell short of Wall Street forecasts linked to “significant additional deterioration” in its long-term care business. CVS Health’s adjusted earnings for the three months ended in December came in at $2.14 per share, up 11.5% from the same

CVS announces $100 million community commitment following Aetna deal

CVS announces $100 million community commitment following Aetna deal

WOONSOCKET, R.I. — Following its completed acquisition of Aetna, CVS Health has announced a $100 million commitment to making community health and wellness central to the newly combined company’s charge for a better world. The new Building Healthier Communities initiative, which will be funded over five years through the combined company as well as the CVS Health Foundation and Aetna Foundation,

Merlo discusses new concept store, Aetna at J.P. Morgan conference

Merlo discusses new concept store, Aetna at J.P. Morgan conference

SAN FRANCISCO — During a presentation of the 37th Annual J.P. Morgan Healthcare Conference here, CVS chief executive officer Larry Merlo talked about the integration efforts that have already taken place to integrate Aetna into its business. “While it’s only been six weeks, we are absolutely off and running,” Merlo said. He also announced that the company

Merlo is Health Care Executive of the Year

Merlo is Health Care Executive of the Year

WOONSOCKET, R.I. — The combination of CVS Health and Aetna marks a new era in U.S. health care. Finalized in late November, the $69 billion deal paves the way for the combined company, whose expertise and assets touch nearly every aspect of patient care, to revolutionize health care delivery and, in the process, complete the

CVS Health completes Aetna acquisition

CVS Health completes Aetna acquisition

WOONSOCKET, R.I. — Just after the Thanksgiving weekend, CVS Health announced that it has completed its acquisition of Aetna, establishing CVS Health as the nation’s premier health innovation company. “Today marks the start of a new day in health care and a transformative moment for our company and our industry,” declared CVS Health president and

CVS Health completes acquisition of Aetna

CVS Health completes acquisition of Aetna

WOONSOCKET, R.I. – CVS Health today announced that it has completed its acquisition of Aetna establishing CVS Health as the nation’s premier health innovation company. “Today marks the start of a new day in health care and a transformative moment for our company and our industry,” declared CVS Health president and chief executive officer Larry Merlo.

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