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AETNA INC. has sold its Medicare prescription-drug business to WellCare Health Plans to clear the way for approval of its sale to CVS Health Corp. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

Aetna clears path to CVS merger with sale of assets to...

NEW YORK - Aetna Inc. said it plans to sell its Medicare prescription-drug business to WellCare Health Plans Inc., a key step toward completing...

CVS applauds FDA efforts to curb youth electronic cigarette use

WOONSOCKET – CVS Health Corp. has announced its support for enforcement actions taken by the Food and Drug Administration to curtail the sale and...
THE U.S DEPARTMENT of of Justice is reportedly on track to soon approve CVS Health’s takeover of insurer Aetna, as well as the acquisition of pharmacy-benefit manager Express Scripts Holding by health insurer Cigna. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

Major health-industry deals are said to move closer to approval

NEW YORK - Two major health care deals that stand to reshape the insurance and pharmacy industries are moving toward winning antitrust approval, according...

American Heart Association recognizes three local companies for healthy cultures

PROVIDENCE — The American Heart Association has named CVS Health Corp., Amgen Inc. and Southcoast Health System Inc. to its 2018 Workplace Health Achievement...
CVS HEALTH CORP. released a report last week pushing back on accusations that the company and its peers reap excessive profits as they negotiate drug prices on behalf of clients such as insurers. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

Opinion: CVS’ drug-price plan lets pharma off too easy

NEW YORK - The pharmacy benefit management business is under attack. And these middlemen of the arcane United States drug-pricing system are preparing their...

CVS Health puts wellness options within reach of all

Healthiest Employees: 5,000+ Employees | #2. CVS Health Corp. CEO (or equivalent): Larry J. Merlo, CEO and president Number of employees: 156,774 Considering CVS Health Corp....

Rite Aid drops after failed merger narrows options for drugstore

NEW YORK - Rite Aid Corp. shares sank after the drugstore operator’s proposed merger with Albertsons Cos. was called off, leaving the company with...

CVS Health launches telemedicine video-chat service via app

WOONSOCKET – CVS Health Corp.’s MinuteClinic retail medical service is offering a new virtual health care video-chat mobile app for patients with minor illnesses...
CVS HEALTH reported a $2.6 billion loss in the second quarter of 2018, largely due to a $3.9 billion pre-tax goodwill impairment charge for its long-term care segment. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS Health reports $2.6B Q2 loss, dragged down by $3.9B goodwill...

WOONSOCKET – CVS Health Corp. reported a $2.6 billion loss on Wednesday for the second quarter of 2018, or $2.52 per diluted share. The company...

CVS-Aetna deal said to dodge antitrust hurdle that AT&T faced

NEW YORK - CVS Health Corp. has dodged one hurdle in its bid to buy insurer Aetna Inc., as antitrust enforcers don’t see competitive...
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