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WALMART WILL LEAVE CVS Health pharmacy network, following negotiations in which Walmart demanded higher reimbursements for its in-store pharmacies, according to CVS. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

Walmart to leave CVS Pharmacy network, roiling drugstore market

NEW YORK - Walmart Inc. will leave CVS Health Corp.’s pharmacy network that administers drug benefits for millions of Americans, in a dispute over costs...
CVS HEALTH CORP. announced the launch of a "guaranteed net cost pricing" structure for its pharmacy-benefit management services. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS to offer guaranteed net cost pricing for PBM services

WOONSOCKET – CVS Health Corp. announced Wednesday it is offering a new pharmacy-benefit management services pricing model that it said will simplify financial arrangements...
CVS HEALTH has closed its $70 billion acquisition of Aetna. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

CVS Health closes $70B Aetna acquisition

WOONSOCKET — CVS Health Corp. has closed its acquisition of Aetna Inc., with the latter valued at $212 per share, or about $70 billion,...
CVS HEALTH reported a $2.6 billion loss in the second quarter of 2018, largely due to a $3.9 billion pre-tax goodwill impairment charge for its long-term care segment. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS Health reports $2.6B Q2 loss, dragged down by $3.9B goodwill...

WOONSOCKET – CVS Health Corp. reported a $2.6 billion loss on Wednesday for the second quarter of 2018, or $2.52 per diluted share. The company...
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