CVS Health Shares Dip 8% on Guidance Miss
“People are finally starting to understand that this isn’t a transition year [for CVS], it’s a transition decade,” one analyst says.
CVS Health Beats Earnings Estimates
The company said it expects to complete its acquisition of Aetna by Thanksgiving.
How Will Insurer-PBM Deals Affect Health Costs?
It may take awhile, but the recent mergers of health insurers and pharmacy benefits managers could meaningfully mitigate the costs of care.
CVS Beats Estimates on Strong Rx Drug Sales
A 9.5% surge in same-store prescription volume in Q2 helped offset a 1% decline in front-end same-store sales.
CFOs on the Move: Week Ending June 15
Aetna, CVS Health, Bed Bath & Beyond, BankMobile, Bruker, Sealed Air, CPI Card Group, Lumentum, FactSet Research, Cal-Maine Foods, F5 Networks
Delaware Suit Targets Painkiller Supply Chain
The state alleges distributors and pharmacies have contributed to the opioid epidemic by failing to prevent the "diversion" of the addictive painkillers.
United Health Buys DaVita Clinics for $5.9B
The deal continues the health insurance giant's shift to patient care services as it tries to cut medical costs.
CVS to Create Healthcare Giant With Aetna Buy
The $69 billion deal is "a case of a sector self-disrupting before an actual disruptor shows up," Forbes says, referring to Amazon.
CVS Beats Estimates But Same-Store Sales Fall
Pharmacy services continues to be a bright spot for CVS amid increasing pressure on its traditional retail drugstore sales.
CFOs to Watch
Chief financial officers are more prominent than ever in Corporate America. We profile 20 CFOs worth keeping an eye on.
CVS to Acquire Target Pharmacies for $1.9B
The deal will further CVS' goal of "becoming the most significant company in the drug distribution and reimbursement system.”