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CVS names Heidi Capozzi chief people officer, executive VP

WOONSOCKET – CVS Health Corp. recently announced that Heidi Capozzi will join the company as executive vice president and chief people officer starting Sept....

CVS acquires Medicare Advantage broker Hella+Health

WOONSOCKET – Amid struggles with rising Medicare Advantage costs, CVS Health Corp. quietly acquired Hella+Health, a New York-based Medicare Advantage broker.  CVS Health spokesperson Michael...

CVS Health chops 2024 forecast as cost struggles with Medicare Advantage...

WOONSOCKET – CVS Health Corp. missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street's forecast. Shares of the health...

CVS to lay off 5,000 employees nationwide

WOONSOCKET – CVS Health Corp. on Tuesday confirmed plans to lay off 5,000 employees nationwide in an effort to reduce expenses. CVS Executive Director of...

4 R.I. companies reach 2023 Fortune 500 list

PROVIDENCE – Four Rhode Island companies have made the 2023 Fortune 500 list. CVS Health Corp. was ranked sixth after taking the fourth spot in...

CVS names Kane president of Aetna

PROVIDENCE – CVS Health Corp. has named former Humana executive Brian Kane as the new leader of Aetna Inc., the company’s Connecticut-based health care...
CVS HEALTH Corp. is close to an agreement to purchase primary care company Oak Street Health for around $10.5 billion including debt, the Wall Street Journal reported. Pictured is the Woonsocket location of Oak Street Health, which opened in 2020. / COURTESY OAK STREET HEALTH

Report: CVS to purchase Oak Street Health for $10.5B

PROVIDENCE – CVS Health Corp. is close to an agreement to purchase primary care company Oak Street Health for around $10.5 billion including debt,...

CVS Health moves closer to home care with $8B Signify deal

CVS Health Corp. will pay about $8 billion to expand into home care, a practice that could cut costs and keep patients happy, provided...

CVS to buy home health-care provider Signify for $8 billion

DALLAS (AP) – Drugstore operator CVS Health Corp. said Monday that it will buy home-health provider Signify Health for $8 billion. CVS said Signify has...

CVS fires several employees, executives following sexual harassment investigation

WOONSOCKET – CVS Health Corp. has fired several employees and executives following an internal investigation into how the company handled sexual harassment complaints late...
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