cvs

CVS Health Q3 Results Reflect Struggles in Digital Health Services Amid Strategic Overhaul
CVS Health Q3 Results Reflect Struggles in Digital Health Services Amid Strategic Overhaul
November 06, 2024  |  Earnings

CVS Health’s third-quarter earnings results released Wednesday (Nov. 6) reflected the company’s ongoing efforts to adapt to a changing healthcare and retail environment. As it...

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GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
November 05, 2024  |  Legal

Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. As Reuters reported Tuesday (Nov. 5), drug coupon aggregator GoodRx and a pair of pharmacy benefit...

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Can Retail Pharmacies Survive the Digital Transformation of Healthcare?
Can Retail Pharmacies Survive the Digital Transformation of Healthcare?
October 22, 2024  |  Retail

In the connected economy, retail pharmacies like CVS, Walgreens, and Rite Aid face challenges to their traditional business models. As consumer preferences move toward digital...

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CVS Replaces CEO With Caremark President David Joyner
CVS Replaces CEO With Caremark President David Joyner
October 18, 2024  |  Personnel

CVS has replaced CEO Karen Lynch as it struggles to repair its healthcare business. David Joyner, president of the company’s pharmacy benefit management unit Caremark, has been appointed...

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Shop and Healthcare Pillars Surge Amid Strategic Shifts, but CE 100 Sees Slight Decline
Shop and Healthcare Pillars Surge Amid Strategic Shifts, but CE 100 Sees Slight Decline
October 07, 2024  |  Connected Economy

The CE 100 Index slipped 0.6% as October’s first few days of trading brought investors firmly into the fourth quarter while reversing some of the...

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Can CVS Health’s Strategic Overhaul Revitalize Its Market Position?
Can CVS Health’s Strategic Overhaul Revitalize Its Market Position?
October 02, 2024  |  Retail

In the high-stakes world of healthcare retail, CVS Health finds itself at a crossroads, navigating turbulent waters amid investor pressures and a stock price that...

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CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure
CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure
September 30, 2024  |  Retail

CVS Health is reportedly meeting with a top investor on ways to enhance its business. The pharmacy/healthcare chain was set to meet Monday (Sept. 30)...

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CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
August 27, 2024  |  Consumer Finance

A new report released Tuesday (Aug. 27) from the U.S. Consumer Financial Protection Bureau (CFPB) sheds light on a growing trend: Major retailers are now...

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CVS: Growing Digital Reach Contributes to Revenue Growth
CVS: Growing Digital Reach Contributes to Revenue Growth
August 07, 2024  |  Earnings

CVS Health grew its revenues by 2.6% in the second quarter, crediting this year-over-year improvement in part to its growing number of digital customers, its...

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