BEIERS_1170x120

CVS Health

CVS Health offers new approach to pricing PBM services

CVS Health offers new approach to pricing PBM services

WOONSOCKET, R.I. — CVS Health is introducing a new approach to pricing pharmacy benefit management services. The new Guaranteed Net Cost pricing model simplifies the financial arrangements underlying PBM contracts and focuses on helping plan sponsors deliver savings through PBM cost management strategies such as formulary, utilization management and performance pharmacy networks. This new model

CVS Health completes acquisition of Aetna

CVS Health completes acquisition of Aetna

Woonsocket, R.I. – CVS Health on Wednesday announced that it 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,” said CVS Health president and chief executive officer Larry Merlo.

CVS Health among CHPA winners

NEW YORK — CVS Health, the Centers for Disease Control and Prevention (CDC), and Bayer Consumer Health + BrightGuard were the big winners at the Consumer Healthcare Products Association (CHPA) Educational Foundation gala held at the Plaza Hotel here earlier this month. The CHPA’s annual gala celebrates the foundation’s mission of happier, healthier lives through

CVS earnings beat Wall Street projections

CVS earnings beat Wall Street projections

WOONSOCKET, R.I. ­— Strong gains in the pharmacy retail business helped CVS Health beat analysts’ third quarter earnings and revenue expectations. The company also announced on Tuesday that it anticipates the $69 billion Aetna deal to close before Thanksgiving. Net revenues for the three months ended September 30 increased 2.4%, or $1.1 billion, to about

CVS-Aetna deal gets green light

WASHINGTON — The Department of Justice (DOJ) this month gave preliminary approval for CVS Health’s acquisition of Aetna Corp., which both companies say will remake health care. The remaining hurdle to the $69 billion merger was cleared last month when Aetna agreed to sell its Medicare Part D drug plan business to WellCare Health Plans.

CVS says managed care model can save millions

CVS says managed care model can save millions

WOONSOCKET, R.I .— New research from CVS Health shows that state Medicaid programs that use a Managed Care Organization (MCO) and a contracted pharmacy benefit manager (PBM) to administer prescription drug coverage have significantly lower overall drug costs than those states that manage their own formulary. Further, researchers found that when states switched to managing

DOJ greenlights CVS-Aetna merger

DOJ greenlights CVS-Aetna merger

WASHINGTON — The Department of Justice gave preliminary approval Wednesday for CVS Health’s acquisition of Aetna Corp., which the two companies say will remake health care. The path to the $69 billion merger was cleared last month when Aetna agreed to sell its Medicare Part D drug plan business to WellCare Health Plans. Antitrust regulators

CVS helps customers prepare for Hurricane Florence

CVS helps customers prepare for Hurricane Florence

WOONSOCKET, R.I. — CVS Health  will issue a number of advisories to help customers and patients prepare as Hurricane Florence approaches the East Coast. “The health and safety of our customers, patients and colleagues are most important to us,” said Kevin Hourican, executive vice president, CVS Health and president, CVS Pharmacy. “In light of weather

CVS opens distribution center in Kansas City

CVS opens distribution center in Kansas City

KANSAS CITY, Mo. and WOONSOCKET, R.I. — CVS Health officially announced the opening of a new retail distribution center in Kansas City, Mo, located at 10711 North Congress Avenue in the Skyport Industrial Park.  When fully operational, the new distribution center will add more than 360 new jobs to the Kansas City area, as well as an additional 70 to 100

1 2 3 7