Pharmacy - Providence Business News

CVS reports 73% profit boost in Q1

Economic Activity 05/06/2026

WOONSOCKET – CVS Health Corp. on Wednesday reported a first-quarter profit of $2.94 billion, an increase from $1.7 billion the year prior. For the quarter, the...

RIDOH places pharmacist on probation for over misbranded drugs, disorderly space

Health Services 10/27/2025

PROVIDENCE – A pharmacist who was already forced to shut down one of his two locations this year has been placed on probation by...

N.P. pharmacy closing after RIDOH investigation

Health Services 08/28/2025

NORTH PROVIDENCE – A retail pharmacy owner has to surrender their license and close the store after an investigation by the R.I. Department of...

Care New England Health System opens Pawtucket pharmacy

Health Services 04/28/2025

PAWTUCKET – Care New England Health System opened its new pharmacy on Brewster Street Monday. The facility is located at the Care New England Medical...

CVS to lay off 632 workers tied to R.I. headquarters

Health Services 10/07/2024

WOONSOCKET – CVS Health Corp. is laying off 632 remote and in-person employees at its company headquarters. Of the employees affected, just 153 work inside the CVS headquarters and...

CVS to lay off 2,900 workers companywide in new round of...

Health Services 09/30/2024

WOONSOCKET – CVS Health Corp. told its employees Monday that it will lay off thousands of employees as part of efforts to cut costs,...

Health services division drives CVS through strong third quarter

Economic Activity 11/01/2023

CVS Health beat third-quarter forecasts thanks partially to its growing pharmacy benefits management side, but the health care giant is cautious about next year. Interim...

CVS to lay off 5,000 employees nationwide

Capital Goods 08/01/2023

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...

Allendre McGovern-Siembab

Health Services 07/22/2022

2022 40 Under Forty Awards Allendre McGovern-Siembab, 37 Lead Director Of Product Safety And Development – Virtual Care, CVS Health Corp. How has COVID-19 changed your industry? It...