The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the ...

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 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, 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 ...

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 ...

CVS Pharmacy and Oak Street Heath, a primary care clinic owned by CVS Health, will partner for a health center at 3100 ...

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 purchased Target's pharmacy business from the big box retailer in 2015 for $1.9 billion. It currently operates about 1,800 pharmacies within Target's 1,950 US locations.