WOONSOCKET, R.I. — Kevin Hourican has been promoted to president of CVS Pharmacy, the retail division of CVS Health. Hourican, who most recently served as the company’s executive vice president of retail pharmacy, had been serving as interim president of the drug chain following the departure of Helena Foulkes, who left to head Hudson’s Bay Co. In his
WOONSOCKET, R.I. — CVS Health has revealed a new, comprehensive program designed to combat rising prescription drug prices and help patients save money on their medications. The new initiatives are being launched against a background of ongoing increases in manufacturers’ list prices for drugs and a growing percentage of Americans who have high-deductible health plans.
WOONSOCKET, R.I.— CVS Health announced an exciting new initiative that will focus on chronic kidney disease and dialysis and builds upon the company’s focus on driving innovation in the management of chronic disease to help improve patient health outcomes while managing costs. This new program will focus on early identification of kidney disease and expansion
NEW YORK — CVS Health reportedly has named former Eli Lilly and Co. chief financial officer Derica Rice to lead its CVS Caremark pharmacy benefit management unit. Plans call for Rice to take the helm at CVS Caremark on March 30, according to The Wall Street Journal, which cited an internal CVS memo. CVS Health
WOONSOCKET, R.I. — Shareholders of CVS Health voted overwhelmingly to approve the company’s $69 billion deal to acquire health insurer Aetna Inc. CVS said that in a special stockholders meeting on Tuesday, more than 98% of shares were voted in favor of the CVS-Aetna merger agreement, which was announced in early December. Also at a
NEW YORK — Helena Foulkes has taken the position of chief executive officer of Hudson’s Bay Co. (HBC), which operates the Lord & Taylor and Saks Fifth Avenue department store chains. She joins HBC from CVS Health, where she worked for 25 years, most recently as corporate executive vice president and president of CVS Pharmacy,
WOONSOCKET, R.I. — Kevin Hourican, executive vice president of retail pharmacy and supply chain at CVS Health, will run the company’s retail division on an interim basis following the departure of Helena Foulkes. As the interim head of CVS Pharmacy, Hourican will report to CVS Health chief operating officer Jon Roberts, the company said Thursday.
WOONSOCKET, R.I. — Driven by growth in its pharmacy benefit management unit, and overcoming softness in its retail business, CVS Health posted increased sales and beat Wall Street’s earnings forecast for its 2017 fourth quarter and fiscal year. CVS said Thursday that for the fourth quarter ended Dec. 31, total revenue rose 5.3% to $48.39
WOONSOCKET, R.I. — CVS Health is bringing more transparency to beauty care marketing with the introduction of the CVS Beauty Mark, a watermark that highlights imagery that hasn’t been materially altered. Plans call for the CVS Beauty Mark to begin appearing on CVS Pharmacy-produced beauty images — including imagery for stores, websites, social media and
WOONSOCKET, R.I. — CVS Health is bringing more transparency to beauty care marketing with the introduction of the CVS Beauty Mark, a watermark highlighting imagery that hasn’t been materially altered. Plans call for the CVS Beauty Mark to begin appearing on CVS Pharmacy-produced beauty images — including for stores, websites, social media and marketing materials — this
WOONSOCKET, R.I. — CVS Health’s agreement to buy Aetna for roughly $69 billion can transform the health care system as well as both companies, say analysts. The deal creates the first health care company integrating pharmacies, a pharmacy benefits manager and insurance business. It connects Aetna’s extensive network of providers with CVS’ multiple health access
Democrats in Congress and critics from other quarters wasted little time in raising concerns about CVS Health’s landmark acquisition of Aetna. If finalized, the $77 billion transaction, which includes the assumption of debt, would bring the pharmacy innovation company — with 9,700 drug stores, 1,100 walk-in medical clinics and a pharmacy benefits management division serving