March 25, 2024 by MMR
Karen Lynch
Issue 03-25-2024
WOONSOCKET, R.I. — In 2024, CVS Health continues to broaden and deepen its ability to build a world of health around every consumer, delivering on the ambitious plan created by president and chief executive officer Karen Lynch. “We are successfully executing on our strategy to advance the future of health care while unlocking new value
February 7, 2024 by MMR
CVS Health, CVS Health President and CEO Karen Lynch, fourth quarter, Karen Lynch
Featured Articles, Leading Headlines, Money, Retail News
WOONSOCKET, R.I. — CVS Health topped analysts’ forecasts for fourth quarter sales and profits, but cut its full year earnings outlook, citing rising medical costs that are hurting the insurance industry. Revenue for the three months ended December 31 climbed 11.9% from the year-ago period to $93.81 billion, beating Wall Street’s estimate of $90.41 billion.
December 18, 2023 by Jeffrey Woldt
CVS Health, Jeffrey Woldt, Karen Lynch
2023, Issue 12-18-2023, Opinion
CVS Health is once again a catalyst for positive change. Appearing at the company’s investor day earlier this month, CEO Karen Lynch and other members of senior management unveiled initiatives intended to accelerate the shift toward integrated care and transform the pharmacy reimbursement model. One of the projects involves the creation of a new brand
November 1, 2023 by MMR
CVS Health, CVS Health President and CEO Karen Lynch, Karen Lynch, third quarter
Featured Articles, Leading Headlines, Money, Retail News
WOONSOCKET, R.I. — CVS Health topped Wall Street’s estimates for third-quarter revenue and earnings. Adjusted earnings per share of $2.21 exceeded analysts’ predicted $2.13, while revenue of $89.76 billion beat the forecast of $88.2 billion. “Our colleagues helped us deliver another quarter of positive results across our business areas,” said president and CEO Karen Lynch.
August 1, 2023 by MMR
CVS Health, CVS Health President and CEO Karen Lynch, job cuts, Karen Lynch
Leading Headlines, Retail News
WOONSOCKET, R.I. — CVS Health is planning to cut 5,000 jobs, according to a report Monday in The Wall Street Journal, which cited an internal company memo. Word of the cost-cutting move, which will reportedly spare workers in customer-facing positions in “stores, pharmacies, clinics, or customer services centers,” came ahead of the scheduled release of
June 19, 2023 by David Pinto
CVS, David Pinto, Karen Lynch
2023, Issue 06-19-2023, Issues
Is Karen Lynch one of the world’s 100 most influential people? For the uninitiated, Lynch is the president and chief executive officer of CVS, one of the nation’s two largest drug chains and, additionally, a serious player in the health care community. Since taking on the role of CEO in 2021, she has remade CVS,
June 19, 2023 by MMR
CVS Health, Karen Lynch, MMR's Most Influential Women
Issue 06-19-2023
WOONSOCKET, R.I. — CVS Health continues to broaden and deepen its ability to support the health and well-being of Americans, delivering on the ambitious plan crafted by president and chief executive officer Karen Lynch. “Nearly 18 months ago, we outlined a bold shift in our strategy and shared our vision to become the leading health
May 3, 2023 by MMR
2023 first quarter, CVS Health, CVS Health President and CEO Karen Lynch, Karen Lynch
Featured Articles, Leading Headlines, Money, Retail News
WOONSOCKET, R.I. — CVS Health posted first quarter sales and earnings that topped Wall Street’s forecasts. Revenue for the period ended March 31 rose 11% to $85.3 billion, exceeding analysts’ projected $80.79 billion. Adjusted earnings of $2.20 per share beat the average estimate of $2.09. The strong showing notwithstanding, the company lowered its outlook for
April 18, 2023 by MMR
Aetna, Brian Kane, CVS Health, CVS Health President and CEO Karen Lynch, Karen Lynch
Leading Headlines, People, Retail News
WOONSOCKET, R.I. — CVS Health announced that Brian Kane will join the company as executive vice president and president of Aetna, effective September 1, 2023. He will become a member of the company’s executive leadership team and report to CVS Health president and CEO Karen Lynch. “Brian has a track record of bringing customer-driven innovations
February 8, 2023 by MMR
CVS Health, CVS Health President and CEO Karen Lynch, Karen Lynch, Oak Street Health
Featured Articles, Leading Headlines, Money, Retail News
WOONSOCKET, R.I. — CVS Health has agreed to acquire Oak Street Health in a $10.6 billion deal that will expand CVS’s recently formed Health Care Delivery organization. “Combining Oak Street Health’s platform with CVS Health’s unmatched reach will create the premier value-based primary care solution,” CVS Health president and CEO Karen Lynch said in a
October 17, 2022 by MMR
CVS Health, CVS Health President and CEO Karen Lynch, Dr. Amar Desai, Karen Lynch
Leading Headlines, People, Retail News
WOONSOCKET, R.I. — CVS Health has appointed Dr. Amar Desai as president, Health Care Delivery. He will lead the newly formed Health Care Delivery organization, overseeing implementation of key areas of the company’s health services and care delivery strategy. “This new organization will leverage the strength of the CVS Health portfolio to develop and
September 6, 2022 by MMR
CVS Health, Karen Lynch, Kyle Armbrester, Signify Health
Featured Articles, Leading Headlines, Money, Retail News
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