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CVS

  • The post-multichannel world of retail

    When I started covering this business about 20 years ago, there was a lot of attention around channel blurring. With supermarkets and mass merchants adding pharmacy counters and expanding health and beauty, while drug stores added more food, the neat lines that the trade had once used to distinguish one retail channel from another were becoming harder to delineate.

  • CVS Health underwrites professional development curriculum for diverse suppliers

    BRISTOL, R.I. - With courses scheduled for July and October, the Professional Education Center at the Roger Williams University School of Continuing Studies recently announced a curriculum in conjunction with CVS Health. The CVS Health Executive Learning Series for Diverse Suppliers is a new, customized professional development program designed to help diverse suppliers gain critical management skills.  
     

  • Kantar Retail Drug Channel Workshop charts present, future of retail health and wellness

    The drug channel is undergoing massive transformation as a new age of healthcare consumerism is driving a new retail-ization of healthcare. "The old paradigm of a patient is now a consumer looking for information," said Kantar Retail director Brian Owens, setting the table for two days of intense discussion and in-depth presentations at the group's annual Drug Channel Workshop last week.
     

  • CVS Caremark certified by NCQA in Utilization Management

    WOONSOCKET, R.I. - CVS Health announced Thursday that pharmacy benefits manager CVS Caremark was certified by NCQA in Utilization Management. NCQA Utilization Management Certification is a quality assessment program that focuses on consumer protection and customer service improvement. Standards recognize that organizations that apply for certification have open access networks, and can improve service quality and utilize customized structures to meet purchaser needs.
     

  • MinuteClinic opens seven locations in Northern Virginia

    WOONSOCKET, R.I. - MinuteClinic, the retail medical clinic of CVS Health, has opened new locations inside Target stores in Northern Virginia. The clinics – located in seven stores in Chantilly, Fairfax, Falls Church, Gainesville, Leesburg, Manassas and Sterling – have been rebranded and converted to MinuteClinic. 
     
    There are now 31 MinuteClinic locations in Northern Virginia and 52 in the DC Metro area, including clinics in CVS Pharmacy stores. 
     

  • CVS Health Research Institute: Home infusion both economically and clinically viable

    WOONSOCKET, R.I. - A new study by the CVS Health Research Institute found that home infusion care is safe, clinically effective and improves quality of life while reducing health care costs when compared to infusion care delivered in a hospital or clinic. 
     

  • American Cancer Society, CVS Health embark on 3-year, $3.6 million initiative to create smoke-free campuses

    ATLANTA - The American Cancer Society and CVS Health on Wednesday announced a three-year, $3.6 million initiative to provide grants to 125 institutions of higher learning to help accelerate and expand the number of 100% smoke- and tobacco-free college and university campuses throughout the United States. 
     

  • CVS Health reaches Q1 net revenue of $43.2 billion on 18.9% growth

    WOONSOCKET, R.I. - On Tuesday, CVS Health reported a first quarter net revenue increase of 18.9% to $43.2 billion for the three months ended March 31. Revenues in the Pharmacy Services Segment increased 20.5% to $28.8 billion, primarily driven by increase in prescription volume and growth in specialty pharmacy. 
     
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