NEW YORK — On Wednesday a panel of federal judges ordered that more than 80 cases accusing CVS Health, Walgreens Boots Alliance and Walmart of selling generic Tylenol (acetaminophen) without warning of a potential link to autism if taken during pregnancy be consolidated. The cases have been consolidated for multi-district litigation to Judge Denise Cote of
WOONSOCKET, R.I. — CVS Health has agreed to acquire the home healthcare provider Signify Health in a deal worth about $8 billion, the company announced on Monday. Signify Health is a leader in Health Risk Assessments, value-based care and provider enablement. With a network of more than 10,000 clinicians across all 50 states and a
CLEVELAND — This week a federal judge ordered CVS, Walgreens and Walmart to pay a collective $650.5 million to two counties in Ohio for their part fueling the opioid crisis in the state, a landmark ruling that lays partial blame for the epidemic on pharmacies that supplied the drugs. U.S. District Judge Dan Aaron Polster
WOONSOCKET, R.I. — CVS Health easily beat analysts’ projections for second quarter sales and earnings, and raised its full-year profit outlook. The company posted adjusted earnings per share of $2.40, topping Wall Street’s average forecast of $2.17. Net income was $2.96 billion, or $2.23 per share, up from $2.79 billion, or $2.10 per share, a
WOONSOCKET, R.I. — As part of an ongoing commitment to support law enforcement and help build safer communities, CVS Health on Wednesday announced the installation of time delay safe technology in all 106 CVS Pharmacy locations, including those in Target stores, across five states in the western U.S. The states and corresponding number of pharmacy locations include Colorado (54), Utah (30), Montana (15), Idaho (4)
WOONSOCKET, R.I. — CVS Health recently announced a 15-year agreement to purchase enough solar power to run the equivalent of 309 CVS Health store locations in Illinois and Ohio. The agreement with the clean power company Constellation calls for CVS Health to receive renewable energy and renewable energy certificates equal to a 42-megawatt share of
WOONSOCKET, R.I. — CVS Health easily beat analysts’ projections for second quarter sales and earnings, and raised its full-year profit outlook. The company posted adjusted earnings per share of $2.40, topping Wall Street’s average forecast of $2.17. Net income was $2.96 billion, or $2.23 per share, up from $2.79 billion, or $2.10 per share, a
WOONSOCKET, R.I. — CVS Health has appointed Tilak Mandadi as executive vice president and to the newly created role of chief data, digital and technology officer, effective July 25. Mandadi will be responsible for the company’s data, digital and technology strategy while overseeing growth and innovation through digital-led, consumer-focused experiences and services. “Technology is a
WOONSOCKET, R.I. — CVS Pharmacy is hosting its 14-day annual app-exclusive ExtraCare Extra Thanks Event in July to say thank you its nearly 75 million loyal members of CVS’ longstanding and hugely popular ExtraCare Rewards program the way they want: digitally. The program starts on July 10 and run through through July 23. ExtraCare members
WOONSOCKET, R.I. — CVS Pharmacy is piloting a new Skin Care Center format, launching in three CVS locations, featuring a wholly owned “shop-in-shop” beauty experience to bring enhanced access to skin health innovations. The Skin Care Center format is now in select CVS Pharmacy locations in New York, N.Y. Woodland Hills and Walnut Creek, Calif.
WOONSOCKET, R.I. — CVS Health has pulled out of the National Association of Chain Drug Stores, depriving the retail pharmacy trade group of the country’s largest drug chain by number of stores. CVS also owns the nation’s biggest pharmacy benefits manager. CVS’ nearly 10,000 stores made up almost a quarter of the pharmacies NACDS represents. “Every
WOONSOCKET, R.I. — CVS Health will expand Project Health, its free, community-based health screening program, by entering two new areas: Las Vegas, Nev., and Richmond, Va., the company said Tuesday. Project Health will also add four new mobile units this year and host dedicated events for children and seniors. “At the heart of our ongoing