Tag: pharmacy benefit manager
Louisiana files lawsuits alleging CVS deceived customers in text messages
NEW ORLEANS (AP) – Louisiana filed several lawsuits accusing pharmaceutical giant CVS Health Corp. of abusing customer information and using its dominant market position to...
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 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 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 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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