WOONSOCKET, R.I. — CVS Health said its sales will accelerate in the year ahead as it advances its reinvention as a multifaceted health care business. The announcement came during CVS’ investor day event, which presented company leaders with an opportunity to articulate how investment in high-growth areas of the business and the introduction of new
Editors note: This is an abridged version of an article that ran in Nicholas Hall’s CHC Insight North America, a bimonthly publication that covers consumer health care. When Bob Dylan released “The Times, They Are A-Changin” in October 1963 he could have been talking about the 2020 consumer health world in North America. The velocity
Retail pharmacy operators and other health care providers received a jolt last month when Amazon, Berkshire Hathaway and JPMorgan Chase unveiled plans to form a stand-alone company that will address health care for their employees in the U.S., where costs are notoriously high and patient outcomes often vary widely. While details of the venture remain
NEW YORK — CVS Health’s delivery of value to health care stakeholders makes it a “partner of choice,” president and chief executive officer Larry Merlo said at the company’s Analyst Day. Notwithstanding all the changes occurring in health care, success will be determined by the ability to make care more affordable, accessible and effective, he
For retail pharmacy operators, the election of Donald Trump as the next president of the United States ushers in a period of uncertainty. Health care was a focal point during the closing days of his unorthodox campaign, when he repeatedly vowed that one of his top priorities after taking office would be to repeal and
PALM BEACH, Fla. — In his first remarks as chairman of the National Association of Chain Drug Stores, Martin Otto outlined the challenges facing the American health care system, which is characterized by higher costs and poorer outcomes than those of many other developed countries. “There are a lot of structural issues in the health