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CVS names Cowhey as new CFO after Guertin steps down

WOONSOCKET – CVS Health Corp. has announced that Thomas F. Cowhey will serve as the pharmacy retailer’s new chief financial officer after Shawn Guertin...

CVS launches new pharmacy reimbursement model

PROVIDENCE – CVS Health Corp. on Monday announced a new pharmacy reimbursement model it says will bring more transparency to its drug-pricing system and...

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...

CVS beats Q1 expectations, cuts outlook after buying spree 

CVS Health Corp. turned in a better-than-expected first quarter as revenue grew from all parts of its business. But the health care giant chopped...

CVS completes $10.6B acquisition of Oak Street Health

PROVIDENCE – CVS Health Corp. announced Tuesday it has completed its $10.6 billion acquisition of care company Oak Street Health.    CVS on Feb. 8 said it...
CVS HEALTH CORP. has completed its $8 billion acquisition of home-health provider Signify Health.  / ASSOCIATED PRESS FILE PHOTO

CVS closes $8B acquisition of Signify Health

PROVIDENCE – CVS Health Corp. on Thursday completed its $8 billion acquisition of home-health provider Signify Health.  Under the agreement CVS will pay $30.50 in...

Amazon closes $3.9B buyout of health company One Medical

NEW YORK (AP) – Amazon said Wednesday it has closed its $3.9 billion acquisition of the primary care organization One Medical. The e-commerce giant has...

CVS reports $2.3B profit in Q4, announces Oak Street Health deal

PROVIDENCE – CVS Health Corp. announced on Wednesday better-than-expected results from the final quarter of 2022 and confirmed its purchase of primary care provider...
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,...
TOP MARKS: Christina Pitney, senior vice president, government programs, at Blue Cross & Blue Shield of Rhode Island in Providence, has led the health insurer’s Medicare Advantage suite to its first five-star rating. / PBN PHOTO/TRACY JENKINS

Pitney is driven to solve problems or turn them into opportunities

Business Women Awards 2022 Woman to Watch Health Care Services Christina Pitney, Blue Cross & Blue Shield of Rhode Island Combine commitment, passion, energy and humility...
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