Tag: Oak Street Health
Aetna drives CVS to $2.98B profit in Q2
WOONSOCKET – CVS Health Corp. on Wednesday reported a second-quarter profit of $2.98 billion, a 192% increase from a year ago, driven by solid performance by...
CVS year-end profit falls to $1.7B in 2025
WOONSOCKET – CVS Health Corp. on Tuesday reported a 2025 profit of $1.7 billion, down from the net income of $4.6 billion the company posted...
Branch Avenue Plaza in Providence sells for $10.6M
PROVIDENCE – A 75,847-square-foot commercial plaza recently sold for $10.6 million, according to Horvath & Tremblay, the commercial real estate firm that represented both...
CVS Health tops Q3 forecasts but absorbs hefty charge for struggling...
CVS Health Corp. rode double-digit sales growth from drugstores and its pharmacy benefits management business to a better-than-expected third quarter.
The health care giant also...
R.I. elections board slashes campaign finance fines in the hopes of...
Ric Thornton aims to reduce the $6.2 million dollars worth of outstanding fines for missing or overdue state campaign finance reports by 25% by...
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...
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