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CVS CAREMARK, the pharmacy benefit manager of CVS Health Corp., has agreed to a $32 million settlement with Oklahoma Attorney General Gentner Drummond over allegations the it kept money that belonged to Oklahoma’s state employee health plan. 

CVS Caremark agrees to $32M settlement with Oklahoma AG

PROVIDENCE – CVS Caremark, the pharmacy benefit manager of CVS Health Corp., has agreed to a $32 million settlement with Oklahoma Attorney General Gentner...

CVS Caremark ordered to pay $95M for overbilling Medicare

PROVIDENCE – CVS Caremark, the pharmacy manager of CVS Health Corp., has been ordered to refund the U.S. government $95 million for overbilling Medicare...

Louisiana AG investigating CVS for sending mass text messages lobbying against...

BATON ROUGE, La. (AP) – Louisiana Attorney General Liz Murrill announced Thursday she is investigating whether pharmaceutical giant CVS Health Corp. improperly used customers' personal...

Do you support Attorney General Peter F. Neronha’s major proposals to...

Attorney General Peter F. Neronha on May 28 announced a package of legislative proposals and other initiatives to help the state’s ailing primary care...

Legislation would restrict ‘spread pricing’ on meds

While prescription drug costs have been steadily increasing, the reimbursements paid to the pharmacies have been decreasing. The math isn’t adding up. But this contradiction is...

CVS Weight Management participants achieve more than 15% weight loss

WOONSOCKET – Participants in the CVS Weight Management program achieved more than 15% weight loss on average, according to program results recently released by...

DeVaney named permanent president of CVS Caremark

WOONSOCKET – Months after taking over as interim CVS Caremark president, Ed DeVaney will now have the position permanently.  DeVaney took the position in December...

CVS launches new app to make health care more accessible, affordable

WOONSOCKET – CVS Health Corp. recently launched a new app meant to make health care more accessible, affordable and convenient and make store visits...
PHARMACY BENEFIT MANAGERS such as CVS Caremark, which is owned by CVS Health Corp, are being accused to wielding enormous power over prescription drug prices. / AP FILE PHOTO/CHRIS CARLSON

Are PBMs forcing out small drugstores, inflating medication prices?

Pharmacy benefit managers say they protect against prescription drug prices from rising exorbitantly high, but these companies – such as one operated by CVS...

Lynch out as CEO of CVS Health; Joyner named new leader

WOONSOCKET – CVS Health Corp. has named David Joyner its CEO and president effective Thursday, replacing Karen Lynch, who stepped down from her position...
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