CVS

NEW YORK — CVS Health will embark on a three-step streamlining initiative with a goal of saving approximately $3 billion from 2017-2021. Two-thirds of the savings will be seen in CVS’s retail/long-term care segment, with the remaining one-third of savings seen in the pharmacy benefits manager category.

WOONSOCKET, R.I. — Naloxone is now available without a prescription at all CVS Pharmacy locations in Nevada. The Woonsocket-based company stated it established a standing order with physicians in the Sliver State that allows CVS Pharmacy to expand access to the medication across the state.

KANSAS CITY, Mo. — Kansas City, here CVS comes.

The Kansas City Development Council announced Wednesday that CVS Pharmacy will build a 762,000-square-foot distribution center at Kansas City’s Skyport Industrial Park. A ground breaking for the 71-acre facility, located at 108th Street and North Congress near Kansas City International Airport and Interstate 29, is expected to take place in January, and construction is expected to commence immediately.

WOONSOCKET, R.I. — CVS Health introduced Transform Diabetes Care, a program intended to help the company’s pharmacy benefit management clients improve health outcomes of their members, lower pharmacy costs via aggressive trend management, and decrease medical costs by improving medication adherence, A1C control and lifestyle management.

WOONSOCKET, R.I. — It’s not too late to get a flu shot.

CVS Pharmacy and MinuteClinic are encouraging consumers to get their flu shot during the week of Dec. 4-10, which is The Centers for Disease Control and Prevention’s National Influenza Vaccination Week. Vaccination Week, established by the CDC in 2005, is intended to emphasize the importance of getting vaccinated as the holiday season begins.

WOONSOCKET, R.I. — Automated pharmacy notifications can provide the necessary push to encourage patients with chronic conditions to refill medications prior to a forecasted natural disaster, according to new research conducted by the CVS Health Research Institute and the U.S. Department of Health and Human Services’ Office of the Assistant Secretary for Preparedness and Response. The study also concluded public-private partnerships can facilitate timely pharmacy outreach as part of broader community-based natural disaster planning. 

WASHINGTON —  The nation’s major companies are advancing in record numbers vital policies and practices to protect lesbian, gay, bisexual, transgender and queer (LGBTQ) workers around the world, according to the 2017 Corporate Equality Index released Monday by the Human Rights Campaign Foundation, the educational arm of the nation’s largest LGBTQ civil rights organization.

WASHINGTON - The nation's military covered under TRICARE were given new marching orders effective Dec. 1 as Walgreens joined TRICARE's retail pharmacy network, displacing CVS Health as a preferred pharmacy in the Express Scripts-managed network.

That move could displace as many as 16 million of CVS Health's most profitable prescriptions, many of which Walgreens will be endeavoring to capture.