WOONSOCKET, R.I. — Published reports said Thursday that CVS Health is in negotiations to acquire health insurer Aetna. CVS reportedly will offer more than $200 share for the health benefits giant, according to anonymous sources cited by the Wall Street Journal, which originated the story. Bloomberg reported that a combination of CVS and Aetna would create a
WOONSOCKET, R.I.— CVS Health has rolled out a sweeping plan that utilizes its integrated pharmacy assets to help battle drug misuse and abuse, namely opioid painkillers. The program would also boost funding for addiction programs, counseling and safe disposal of opioids. “As America’s front door to health care with a presence in nearly 10,000 communities
WOONSOCKET, R.I. — CVS Health is acquiring six outpatient pharmacy locations in Ohio from the ProMedica health system. Financial terms of the transaction weren’t disclosed. CVS said Wednesday that it plans to convert two Toledo locations — The Pharmacy Counter on S. Byrne Road and ProMedica Pharmacy Counter on Navarre Avenue — to CVS Pharmacy
DEMOTTE, Ind. — CVS Health has purchased Fagen Pharmacy’s 20 drug stores in northwest Indiana and northeast Illinois. Terms were not disclosed. Plans call for eight of the stores to be rebannered as CVS Pharmacy by late September. The other 12 are slated to be closed, with their prescription files transferring to nearby CVS pharmacies.
WOONSOCKET, R.I. — CVS Health and Cleveland Clinic are expanding the clinical affiliation they forged eight years ago to enhance access to and quality of health care for patients in Northeast Ohio and Florida. The partners aim to build on the success of the alliance by introducing new services through CVS Pharmacy and MinuteClinic locales.
WOONSOCKET, R.I. — CVS Health beat Wall Street’s earnings forecast for the second quarter and bumped up the bottom of its 2017 guidance despite declined sales in its retail pharmacy business unit. CVS said Tuesday that net income for the second quarter ended June 30 totaled $1.1 billion, or $1.07 per diluted share (GAAP), compared
WOONSOCKET, R.I. — CVS Health and Cigna are teaming up to bring a new model of health care and drug coverage to patients. Cigna Health Works, which joins Cigna-administered health benefits with CVS Pharmacy and MinuteClinic retail pharmacy and health services, is designed to help patients get the most from their health benefits at their
WOONSOCKET, R.I. — CVS Health and Cigna say they’re ushering in a new health care and drug coverage model with the launch of Cigna Health Works, which joins Cigna-administered health benefits with CVS Pharmacy and MinuteClinic retail pharmacy and health services. CVS and Cigna said Thursday that Cigna Health Works is designed to help patients
WOONSOCKET, R.I. — CVS Health has bought the prescription files of Marsh Supermarkets’ 37 pharmacies in Indiana. CVS said the Marsh pharmacy files will be transferred to nearby CVS Pharmacy locations between May 3 and 5. Financial terms of the transaction weren’t disclosed. “CVS and Marsh will work together to ensure that pharmacy patients experience
WOONSOCKET, R.I. — Despite declines in its retail pharmacy business, CVS Health saw sales rise and beat Wall Street’s earnings projections for its fiscal 2017 first quarter. CVS said Tuesday that for the quarter ended March 31, revenue totaled $44.51 billion, up 3% from $43.22 billion a year earlier. Sales in the company’s Retail/LTC Segment,
WOONSOCKET, R.I. — CVS Pharmacy has unveiled the next phase of its front-end strategy, including new store designs, more better-for-you food and health-focused products, expanded beauty offerings and informational signage storewide. CVS said more than 800 stores nationwide have been remodeled with the new front-end design and assortment, and over 3,400 locations now have expanded
WOONSOCKET, R.I. — CVS Health announced that it has earmarked $10 million in new and expanded partnerships and programs for the “Be The First” campaign, an initiative it launched last year with the aim of forming the first generation of Americans to spurn tobacco. CVS Health and the CVS Health Foundation last year pledged $50