Tag: CVS Health
`Rigged’ system blocks use of lower-cost drugs, FDA chief says
WASHINGTON – A “rigged payment scheme” between drug plans, insurers and pharmaceutical companies has blocked access to less-expensive versions of some of the most costly drugs...
Filing: CVS-Aetna combo would have generated $237B in revenue in 2017
WOONSOCKET – CVS Health Corp., as part of its continuing U.S. Securities and Exchange Commission filings related to its proposed merger with Aetna Inc.,...
Fast Company names CVS among Top 50 Most Innovative Companies
WOONSOCKET — Fast Company has named CVS Health Corp. No. 7 on its 2018 World's 50 Most Innovative Companies List, and also placed the Rhode...
California health insurance commissioner to investigate Aetna’s medical claim review practices
WOONSOCKET – As CVS Health and Aetna continue planning for a proposed $69 billion merger, California Health Insurance Commissioner Dave Jones has announced an...
CVS Health: Federal tax overhaul prompts wage, benefit increases for employees
WOONSOCKET – CVS Health has announced three employee wage and benefit improvement programs totaling $425 million annually to share with employees tax savings created...
CVS-Aetna merger values Aetna $9B above market
WOOSNSOCKET – With separate CVS Health and Aetna shareholders’ votes scheduled for March 13 in New York City, the companies’ proposed merger offer of...
Saks owner Hudson’s Bay appoints CVS veteran Foulkes as CEO
MONTREAL – Hudson’s Bay Co., the owner of Saks Fifth Avenue, named CVS Health Corp. executive Helena B. Foulkes its first female CEO as...
DOJ seeks new info on CVS Health-Aetna merger, extends waiting period...
WOONSOCKET — The U.S. Department of Justice extended the Hart-Scott-Rodino Antitrust Improvements Act waiting period for CVS Health Corp. and Aetna Inc.’s merger review...
Health stocks, including CVS, slump as Amazon-led group unveils efficiency plans
WILMINGTON, Del. – Health care stocks plunged after three companies led by Internet giant Amazon.com Inc. said they plan to collaborate on developing ways...
Market skeptical of CVS-Aetna merger valuation
WOONSOCKET – CVS Health Corp.’s preliminary prospectus for shareholders filed with the Securities and Exchange Commission Friday afternoon values its merger with Aetna Inc....