Cvs Caremark news and trends

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

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 as the new chief executive, CVS announced Friday (Oct. 18). “The board believes this is the right time to make a change,...

GoodRx Dominates in Latest Provider Ranking of Prescription Apps
Mobile Applications // December 15, 2023

Whether you’re looking for some relief from a stubborn headache or some vitamins to maintain your wellbeing, a good prescription app will get you what you need. In the latest edition of PYMNTS’ Provider Ranking of Prescription Apps, we rank the best apps on the market...

GoodRx Holds Top Seat in Provider Rankings of Prescription Apps
Prescriptions // November 20, 2023

Flu season is in full swing, and it can be hard to navigate life through the fog of exhaustion. Fortunately, technology can help. With PYMNTS’ Provider Rankings of Prescription Apps, you can get your medicine with a little bit more ease. Here’s the list of...

GoodRx Keeps Top Spot in Latest Provider Ranking of Prescription Apps
Mobile Applications // October 18, 2023

In this edition of the PYMNTS Provider Ranking of Prescription Apps we see few movements. OptumRx climbs into our top 5 position where CVS Caremark is doing the opposite, falling down the rankings. Rite Aid Pharmacy is up three rankings, but can it keep climbing? Well see...

Quick Reads
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement

November 05, 2024
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 managers (PBMs) — CVS’s Caremark unit and Express Scripts — have all been named in at least three lawsuits by independent pharmacies. PBMs, the report notes, negotiate the cost of prescription drugs between insurance […]

CVS Replaces CEO With Caremark President David Joyner

October 18, 2024
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 as the new chief executive,...

NY Regulator Wants to Rein in ‘Abusive’ Prescription Drug Pricing

August 16, 2023
New York’s financial regulator wants to regulate the companies that help set prescription drug costs. The New York Department of Financial Services (NYDFS) announced Wednesday (Aug. 16) that it had...

CVS Caremark and GoodRx Team Up to Lower Prescription Costs

July 12, 2023
CVS Caremark and GoodRx have announced the upcoming launch of a program to help members pay lower out-of-pocket prices on generic medications at the pharmacy counter. The new Caremark Cost Saver program offers automatic...