News

The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...
CVS Health, the nation’s largest pharmacy chain with more than 9,000 locations, said on Tuesday that it planned to change the way its pharmacies were paid for the medications they dispensed, in ...
CVS is switching up the way it pays for prescription drugs and moving toward a “more transparent” reimbursement model. The pharmacy chain announced a new payment model, CVS CostVantage, on ...
CVS Health® (NYSE: CVS) announced today the opening of its new Workforce Innovation and Talent Center (WITC) in Columbus, located at the Columbus Metropolitan Housing Authority's Rosewind Community ...
CVS Pharmacy and Oak Street Heath, a primary care clinic owned by CVS Health, will partner for a health center at 3100 ...
It’s a significant change in how CVS’ more than 9,000 pharmacies are paid for drugs by pharmacy benefit managers and other payers — and the latest move to shake up the complex and unpopular ...
The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the ...
The big health insurers Moody's rates now face shrinking profit margins at the Medicaid plans they manage for state ...
CVS Pharmacy will launch CVS CostVantage with PBMs for their commercial payers in 2025. "We're going to work together with our PBM and payer partners over the early part of 2024 to facilitate this ...
CVS is looking to grow itself by shrinking. The pharmacy chain is opening around a dozen stores this year that are about the half the size of its traditional layout and have only a pharmacy ...
CVS Pharmacy is closing hundreds of stores in 2025 as part of restructuring efforts. According to its recent annual report from February 2025, CVS announced will close 271 retail pharmacies this year.