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CVS Health

CVS’ first quarter results beat projections

CVS’ first quarter results beat projections

WOONSOCKET, R.I. — CVS Health reported strong first quarter results, topping analysts’ forecasts for revenue and earnings. Total revenue for the period ended March 31 climbed 11.2% from the year-ago quarter to $76.8 billion, driven by growth across all segments. Wall Street had estimated revenue of $75.3 billion. Adjusted earnings per share rose 8.8% to

CVS Health names Chaguturu chief medical officer

CVS Health names Chaguturu chief medical officer

WOONSOCKET, R.I. — CVS Health has named Dr. Sree Chaguturu executive vice president and chief medical officer effective immediately, the company said Tuesday. Chaguturu will be responsible for advancing the highest possible clinical quality standards, increasing access to care, improving patient outcomes, and reducing overall health care costs across the enterprise. He will have direct

CVS expands efforts to reduce plastic waste

CVS expands efforts to reduce plastic waste

WOONSOCKET, R.I. — CVS Health is collaborating with the World Wildlife Fund and the organization’s activation hub, ReSource: Plastic, to focus on reducing plastic waste and increasing the sustainability of materials within its packaging portfolio. CVS Health joins a consortium of leading companies and organizations addressing the planet’s plastic waste crisis as the Principal Retail

CVS Health report details 2021 progress

CVS Health report details 2021 progress

WOONSOCKET, R.I. — CVS Health announced on Friday the release of its annual Environmental, Social and Governance (ESG) report Healthy 2030 detailing how the company is helping create a healthier and more sustainable world. Karen Lynch “In 2021 we made significant progress towards our Healthy 2030 goals, with a particular focus on addressing health equity and protecting the environment,”

CVS Health reaches opioid settlement agreement with Florida

CVS Health reaches opioid settlement agreement with Florida

WOONSOCKET, R.I. – CVS Health has entered into an agreement with the state of Florida to resolve claims dating back more than a decade related to prescriptions for opioid medications that were filled at Florida CVS Pharmacy locations, the company said Wednesday. Under the agreement the company will settle all opioid claims against it by Florida for $484 million,

CVS, Fresno Housing join to build affordable housing

CVS, Fresno Housing join to build affordable housing

WOONSOCKET, R.I. — CVS Health and Fresno Housing have collaborated to build new affordable housing in Fresno, Calif. Through Red Stone Equity Partners, CVS Health will invest an estimated $18.4 million into the Arthur @ Blackstone, a new Fresno Housing development planning to break ground this spring. Twenty of the units at the Arthur @ Blackstone will be reserved

CVS’ support for health equity includes housing

CVS’ support for health equity includes housing

WOONSOCKET, R.I. — CVS Health invested $185 million in affordable housing in 2021 as part of a commitment to addressing housing insecurity and health inequities. These investments are part of the company’s efforts to advance health equity nationwide and will support the development and rehabilitation of more than 6,570 affordable housing units in 64 cities

Retailers recognized for LGBTQ+ workplace equality

Retailers recognized for LGBTQ+ workplace equality

NEW YORK — CVS Health, Food Lion, Kroger, Meijer, Target, Walgreens and Walmart were among the 842 U.S. companies that received a top score of 100% on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), a benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The CEI rates

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