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CVS

  • CVS accredited with CEO Cancer Gold Standard

    WOONSOCKET, R.I. — CVS Health was accredited with the CEO Cancer Gold Standard from the CEO Roundtable on Cancer, in recognition of the retailer’s efforts to reduce the risk of cancer for its employees and covered family members.

    CVS was specifically honored for taking actions in five key areas of health and wellness to fight cancer in the workplace, including: discouraging tobacco use; encouraging physical activity; promoting healthy diet and nutrition; detecting cancer at its earliest stages; and providing access to quality care.

  • CVS's Merlo: PBMs are the solution, not the problem

    WOONSOCKET, R.I. — One of CVS Health’s greatest challenges is to correct a misperception that pharmacy benefit managers are causing drug prices to rise, President and CEO Larry Merlo said Thursday during the company’s fiscal fourth-quarter earnings conference call.

  • CVS: Profitability wouldn’t be materially affected by DIR fee changes

    WOONSOCKET, R.I. — CVS Health on Thursday released the following statement regarding Direct and Indirect Remuneration. The statement is presented in full below:

  • CVS pledges to raise minimum of $10M in fight against heart disease and stroke

    WOONSOCKET, R.I. — CVS Health has pledged to raise a minimum of $10 million during the next three years to support life-saving cardiovascular research and education. The retailer is a new national sponsor of the American Heart Association’s Go Red For Women movement, an annual campaign designed to raise awareness of heart disease and stroke as the No. 1 killer of women and to empower women to take charge of their heart health.

    CVS also announced Helena Foulkes, president of CVS Pharmacy, has been named the inaugural national chair for Go Red For Women.

  • CVS introduces cheaper EpiPen competitor

    WOONSOCKET, R.I. — CVS introduced a generic version of injectable epinephrine to compete with Mylan’s EpiPen at all of its locations. The product carries a cash price of $109.99 for a two-pack.

  • CVS offers flu shots in Washington State

    WOONSOCKET, R.I. — CVS Health is offering flu shots at 30 pharmacies inside Target stores in Washington State.

    Washington Gov. Jay Inslee and first lady Trudi Inslee visited the CVS Pharmacy in Target in Olympia, Wash., on Jan. 6 and encouraged other state residents who have not received their flu vaccine yet to do so.

    According to CVS, flu activity typically peaks in January and February, and has been rising in Washington State.

    Flu shots are available seven days a week. 

  • A major shift from heavy buying to light buying

    A key trend captured by the 2016 TABS Analytics Vitamin and Minerals Supplements study is the continued decline in the number of heavy buyers (those who purchased more than three types of vitamins in a year). Heavy-buyer penetration peaked at 40% in 2012, but in 2016, heavy-buyer penetration dropped to 30%.

    (Click here to view the full VMS Report.)

  • CVS Health Charity Classic passes $20M charity donation milestone

    WOONSOCKET, R.I. — During a celebration Tuesday at company headquarters, CVS Health announced its Charity Classic golf event raised more than $1 million to New England area charities.

    The CVS Health Charity Classic also reached a milestone this year by surpassing a total of $20 million of philanthropic support to hundreds of nonprofits.

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