CVS

WOONSOCKET, R.I. — CVS Caremark is looking to bolster its specialty pharmacy offerings by acquiring Coram, the specialty infusion services and enteral nutrition business unit of Apria Healthcare Group for approximately $2.1 billion.
 
Coram provides infusion therapies and nutrition services to more than 20,000 patients each month. Coram cares for patients primarily through home infusion as well as a national network of more than 85 locations, including more than 65 ambulatory infusion suites.

NEW YORK — A pharmacy school in Texas has been named CVS Caremark Partner of the Year, according to published reports.

The award, which includes a $50,000 check, goes to the Texas Tech University Health Sciences Center's School of Pharmacy, the Amarillo, Texas Globe-News reported.

The award is based on a partnership between the school and CVS that goes back more than 15 years, and the company employs more than 60 graduates from the school across Texas. 

WOONSOCKET, R.I. — CVS Caremark has announced the appointment of Helena Foulkes as president of CVS/pharmacy, effective Jan. 1. She succeeds Mark Cosby, who is stepping down on Dec. 31.

Cosby has led the company’s retail business since October 2011, including its more than 7,600 retail stores, 19 distribution centers and retail merchandising, supply chain, marketing, real estate, front store and pharmacy operations.

WOONSOCKET, R.I. — The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark, will provide $25,000 in grants in honor of #GivingTuesday, a national movement when charities, individuals, schools, businesses and other community organizations will come together on Dec. 3 to create a national day of giving back.

WOONSOCKET, R.I. — CVS/pharmacy unveiled during a New York City press event on Wednesday the spring 2014 collection of its exclusive Nuance Salma Hayek line.

WOONSOCKET, R.I. — Specialty drug spend is expected to more than quadruple by 2020, reaching approximately $402 billion a year, according to a new CVS Caremark report released today.

TAMPA, Fla. — Chain Store Guide on Friday released its latest analysis on the recently-completed Kerr Drug acquisition by Walgreens.

WOONSOCKET, R.I. — CVS Caremark has announced the appointment of Tracy Bahl as EVP, health plans, leading the teams responsible for supporting health plan clients and offering health plans guidance to help them navigate the evolving health care marketplace.