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THE U.S. Attorney for the Southern District of New York has sued Omnicare and parent Comoany CVS Health alleging that the company fraudulently billed federal health care programs for improperly renewed prescriptions for elderly and disabled customers from 2010 to 2018. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

DOJ sues Omnicare and parent CVS over alleged “rollover” prescriptions for...

WOONSOCKET – The U.S. Attorney for the Southern District of New York has filed a lawsuit against Omnicare Inc. and its parent CVS Health...

Commitment to diversity and inclusion a major part of CVS’ mission...

PBN Diversity & Inclusion Awards 2019 HEALTH CARE: CVS Health Corp. AS ONE OF the nation’s premier health innovation companies serving more than 100 million...

2 R.I. companies among WSJ’s 2019 Management 250

PROVIDENCE – Two Rhode Island-based companies made The Wall Street Journal’s Management 250 list for 2019, released Nov. 25. The ranking, developed by the Drucker...
HASBRO RANKED among the top 100 companies on the Wall Street Journal's Management 250 in 2019./ COURTESY HASBRO INC.

2 R.I. companies among WSJ’s 2019 Management 250

PROVIDENCE – Two Rhode Island-based companies made The Wall Street Journal’s Management 250 list for 2019, released Monday. The ranking, developed by the Drucker Institute,...
CVS is removing all 22-ounce-sized Baby Powder bottles from its stores and off its website after government regulators found tiny amounts of asbestos in one lot of the talc-based product. / BLOOMBERG NEWS FILE PHOTO/JUSTIN SULLIVAN

CVS pulling all 22-ounce J&J baby powder from shelves amid recall

WIMINGTON, Del.– CVS Health Corp. is pulling some bottles of Johnson & Johnson’s Baby Powder off pharmacy shelves after government regulators found tiny amounts...
ENROLLEES in a Medicare Advantage program, the private-sector, taxpayer-financed alternative to traditional Medicare, has steadily increased in recent years. / BLOOMBERG NEWS

Medicare Advantage plans 2020: Cigna, CVS’ Aetna offer competing plans

NEW YORK – Health insurers across the United States will race to enroll more seniors in lucrative government-backed Medicare plans this month, even as...

Walgreens joins CVS in asking shoppers to leave guns at door

NEW YORK – Drugstore chain Walgreens Boots Alliance Inc. asked gun owners to leave their firearms outside the store going forward, joining a number...
A FEDERAL JUDGE has decided makers and distributors of opioid painkillers must face lawsuits claiming they banded together to wrongfully push sales of the addictive pills ahead of the first federal trial on the matter expected to take place next month. / BLOOMBERG NEWS FILE PHOTO/DHIRAJ SINGH

Big pharma ordered to face cities’ opioid-conspiracy claims

WILMINGTON, Del.  – Johnson & Johnson, Cardinal Health Inc. and other makers and distributors of opioid painkillers must face lawsuits claiming they banded together...
THE FEDERAL JUDGE reviewing the CVS acquisition of Aetna has called for testimony from opponents of the deal, the Wall Street Journal reported. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

WSJ: Federal judge to hear testimony from opponents of CVS-Aetna deal

PROVIDENCE – U.S. District Judge Richard J. Leon has called for testimony from witnesses who object to the Justice Department’s decision to approve CVS...
LARRY J. MERLO, CEO and president of CVS Health, saw his pay nearly double in 2018 over his 2017 total, even as the company posted a loss last year. / COURTESY CVS HEALTH

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...

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