Tag: CVS Health

March 23, 2020

Drugstore giant CVS Health will hire 50,000 full and part-time workers and award bonuses for certain employees working to meet “unprecedented” need as the U.S. grapples with the outbreak of the Coronavirus strain Covid-19. Calling it the “most ambitious hiring […]

January 10, 2020

In baseball, high-salaried home run sluggers have always gotten the glory. The equivalent in health-care may be high-priced drugs and medical specialties that help save lives in critical cases. But 20 years ago, there was a big shift baseball. Leveraging […]

November 6, 2019

CVS Health will close 22 “underperforming” drugstores early next year in addition to the 46 stores it shuttered earlier this year, the company said Wednesday in a regulatory filing. The locations weren’t disclosed. The company recorded a $96 million impairment […]

April 2, 2019

Walgreens Boots Alliance reported quarterly earnings and revenue that missed analysts’ expectations and lowered its forecast for 2019 in what CEO Stefano Pessina called the “most difficult” quarter since acquiring European drugstore chain Alliance Boots in late 2014. The company […]

December 13, 2018

Digital health company Sharecare has launched a “digital pharmacy savings card” to help the uninsured and those with high deductibles get access to discounts on prescription medicines from CVS Health’s vast pharmacy network. Known as Sharecare Rx, the discount is […]

November 21, 2018

Florida Attorney General Pam Bondi thinks Walgreens and CVS Health bear some of the blame for her state’s opioid crisis. She is suing the nation’s largest drug store chains, including them as defendants in the state’s lawsuit against 10 drugmakers […]

August 8, 2018

CVS Health’ topped Wall Street’s expectations with its retail pharmacy business fueling growth despite fewer customers shopping in the front of its stores. Revenue from CVS’ retail pharmacy segment reached $20.7 billion, up 5.7 percent from the year-ago quarter, driven […]