Tag: CVS Caremark
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...
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...
CVS shuffles executive roles with drug-plan chief set to depart
NEW YORK – CVS Health Corp. unveiled a series of management changes, including appointing a new chief for its pharmacy-benefit management business, as the...
CVS is Purdue’s largest listed creditor
NEW YORK – Purdue Pharma LP told a bankruptcy court it owes almost $100 million to pharmacy-benefit managers, drug distributors and state health departments in...
Chaguturu named CMO for CVS Caremark
PROVIDENCE – Dr. Sree Chaguturu has been named chief medical officer for CVS Caremark, CVS Health Corp.’s pharmacy benefits management business, the company announced...
CVS’ Merlo earns $21.9M in 2018 as company absorbs Aetna
WOONSOCKET – CVS Health Corp. President and CEO Larry J. Merlo earned $21.9 million in 2018, nearly double what his total compensation was in...
Walmart to leave CVS Pharmacy network, roiling drugstore market
NEW YORK - Walmart Inc. will leave CVS Health Corp.’s pharmacy network that administers drug benefits for millions of Americans, in a dispute over costs...
CVS to offer guaranteed net cost pricing for PBM services
WOONSOCKET – CVS Health Corp. announced Wednesday it is offering a new pharmacy-benefit management services pricing model that it said will simplify financial arrangements...
Tufts Health Plan will pay high-deductible plan drug rebates upfront
WATERTOWN, Mass. — Tufts Health Plan will pass prescription rebates directly to fully insured commercial members on high-deductible Saver plans when they fill their...
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