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CVS Health beats Q4 expectations, but trims annual outlook as costs...

CVS Health Corp.'s fourth-quarter profit fell as the drugstore chain and pharmacy benefits manager dealt with increased operating costs. Still, its adjusted profit and...

Health services division drives CVS through strong third quarter

CVS Health beat third-quarter forecasts thanks partially to its growing pharmacy benefits management side, but the health care giant is cautious about next year. Interim...

CVS Health tops Q2 expectations even as pharmacy pricing, increased care...

CVS Health Corp. topped second-quarter expectations, but the health care giant's profit sank as pricing pressure hurt its drugstores and a jump in care...

CVS to lay off 5,000 employees nationwide

WOONSOCKET – CVS Health Corp. on Tuesday confirmed plans to lay off 5,000 employees nationwide in an effort to reduce expenses. CVS Executive Director of...

CVS completes $10.6B acquisition of Oak Street Health

PROVIDENCE – CVS Health Corp. announced Tuesday it has completed its $10.6 billion acquisition of care company Oak Street Health.    CVS on Feb. 8 said it...

CVS names Kane president of Aetna

PROVIDENCE – CVS Health Corp. has named former Humana executive Brian Kane as the new leader of Aetna Inc., the company’s Connecticut-based health care...
COVID CONVERSATION: Dr. Claire Levesque, second from right, chief medical officer for commercial products at Point 32Health, the parent company of Tufts Health Plan and Harvard Pilgrim Health Care, speaks during one of two panel discussions at PBN’s Fall Health Care Summit on Oct. 27. Also on the panel are, from left, Dr. Kirsten Anderson, medical director at CVS Health Corp./Aetna Inc.; Dr. Louanne Giangreco, senior medical director at Blue Cross & Blue Shield of Rhode Island; Dr. Peter Hollmann, chief medical officer at Brown Medicine; Dr. Alexis Kearney, consultant medical director for Project Firstline RI, Center for Acute Infectious Disease Epidemiology, R.I. Department of Health; and Dr. Jennifer Nuzzo, director of the Pandemic Center at Brown University’s School of Public Health. 
PBN FILE PHOTO/MIKE SKORSKI

PBN summit panel: ‘This virus is here to stay’

Fewer people are wearing masks these days, and the COVID-19 vaccination rates have plummeted. Even President Joe Biden has declared the pandemic over. But health...

CVS to buy home health-care provider Signify for $8 billion

DALLAS (AP) – Drugstore operator CVS Health Corp. said Monday that it will buy home-health provider Signify Health for $8 billion. CVS said Signify has...

R.I. health insurers submit 2021 rate requests

PROVIDENCE – Local health insurers have submitted requested commercial health insurance rate changes for 2021, including small group rates the R.I. Office of the...
CVS HEALTH’s Aetna is waiving patient payments for hospital stays tied to the coronavirus. Specifically, the company said many of its customers will not have to make co-payments or other forms of cost sharing if they wind up admitted to a hospital in the insurer’s provider network. / AP FILE PHOTO/RICHARD DREW

Aetna waives patient payments for coronavirus hospital stays

One of the nation’s biggest health insurers is waiving patient payments for hospital stays tied to the coronavirus. CVS Health’s insurer Aetna said Wednesday that...
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