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CVS Health

Neela Montgomery tapped to head CVS Pharmacy unit

WOONSOCKET, R.I. — Neela Montgomery has been named executive vice president of CVS Health and president of the company’s CVS Pharmacy retail unit, with responsibility for overseeing the company’s 10,000 U.S. pharmacies. “Neela is a seasoned retail industry leader with extensive digital and e-commerce experience,” said Karen Lynch, who will become president and chief executive

Neela Montgomery tapped to head CVS Pharmacy

Neela Montgomery tapped to head CVS Pharmacy

WOONSOCKET, R.I. — Neela Montgomery has been named executive vice president of CVS Health and president of the company’s CVS Pharmacy retail unit, with responsibility for overseeing the company’s 10,000 U.S. pharmacies, the company said Monday. Her appointment is effective November 30. “Neela is a seasoned retail industry leader with extensive digital and e-commerce experience,”

CVS to invest in affordable housing in Orlando

CVS to invest in affordable housing in Orlando

WOONSOCKET, R.I. — CVS Health will invest in 116 units of affordable housing and expand its no-cost preventive health screening program to Orlando as part of the company’s commitment of nearly $600 million over five years to address racial inequity and social determinants of health in Black communities, the company said on Tuesday. “Increasing access to housing and

CVS Q3 sales and earnings top expectations

CVS Q3 sales and earnings top expectations

WOONSOCKET, R.I. — CVS Health’s third quarter sales and earnings beat estimates, and the company raised its full-year profit outlook, as growth in health care benefits and store sales lifted its results. Adjusted earnings for the three months ended September 30  slipped 9.8% from the year-ago period to $1.66 per share, but were still well

Karen Lynch to lead CVS Health in 2021

Karen Lynch to lead CVS Health in 2021

WOONSOCKET, R.I. — CVS Health’s board of directors announced on Friday that Larry Merlo, who has served as CEO of CVS Health for a decade, is stepping down from his role next year and Karen Lynch, currently executive vice president, CVS Health and president, Aetna, will become the company’s next president and chief executive officer, effective February 1,

Video Forum: Jon Roberts, CVS Health

Video Forum: Jon Roberts, CVS Health

In this week’s Video Forum, Jon Roberts, chief operating officer of CVS Health, discusses the company’s unique health care model and its performance during the COVID-19 crisis. He also addresses the response of patients and payers to CVS’ HealthHUB format, the important place that front-end merchandise has in the company’s retail strategy, and the impact

CVS Health expands COVID-19 testing services

CVS Health expands COVID-19 testing services

WOONSOCKET, R.I. — CVS Health has announced plans to expand COVID-19 testing services currently offered at select CVS Pharmacy locations to include rapid-result testing at nearly 1,000 sites by the end of the year. Rapid-result COVID-19 diagnostic tests are available at no cost to patients who meet Centers for Disease Control and Prevention criteria. In addition,

CVS, Walgreens to supply long-term care facilities with COVID-19 vaccines

CVS, Walgreens to supply long-term care facilities with COVID-19 vaccines

WASHINGTON — CVS Health and Walgreens will work with the federal government to provide free COVID-19 vaccinations to residents of long-term care facilities once vaccines becomes available, the companies announced October 16. “Protecting the vulnerable has been the No. 1 priority of the Trump administration’s response to COVID-19, and that commitment will continue through distributing

CVS to double COVID-19 drive-thru test sites

CVS to double COVID-19 drive-thru test sites

WOONSOCKET, R.I. — CVS Health expects to add more than 2,000 new COVID-19 drive-thru test sites at select CVS Pharmacy locations across the country to support the company’s ongoing efforts to increase access to testing and help slow the spread of the virus. The company also said it has administered three million COVID-19 tests since

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