CVS posts strong 2Q, with virus delaying elective procedures

CVS HEALTH. earned a profit of $2.99 billion in the second quarter. / AP FILE PHOTO/RICHARD DREW
CVS Health reported surprisingly strong second-quarter earnings as people postponed elective medical procedures during the pandemic, and it raised its profit expectations for the year. The postponed procedures led to lower benefit costs, CVS said Wednesday. The virus outbreak shut down most of the economy in the second quarter, which meant fewer surgery bills or…

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