Tyson Foods drops CVS for upstart pharmacy benefit manager, as industry upheaval over cost concerns spreads
https://www.cnbc.com/2024/01/24/tyson-foods-drops-cvs-picks-rightway-pharmacy-benefit-manager.html
Jan 24, 2024 - Tyson Foods drops CVS for startup PBM offering drug price transparency
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CVS spares Targets in Minnesota from list of pharmacy closures
https://www.startribune.com/cvs-targets-minnesota-no-pharmacy-closures/600339445/
Jan 29, 2024 - The drugstore chain said earlier this month it would close dozens of pharmacies inside of Target stores starting in February.
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CVS and Walgreens plan to start dispensing abortion pill mifepristone in states including Mass. soon
https://www.boston.com/news/health/2024/03/01/cvs-walgreens-abortion-pill-mifepristone-massachusetts-rhode-island/
Mar 01, 2024 -
Walgreens will begin dispensing the medication within a week, a spokesman said. The chain will start with some locations in New York, Pennsylvania, Massachusetts, California and Illinois.
The post CVS and Walgreens plan to start dispensing abortion pill mifepristone in states including Mass. soon appeared first on Boston.com.
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Why Shares of UnitedHealth Group, CVS Health, and Humana Fell Today
https://www.fool.com/investing/2024/04/02/why-shares-of-unitedhealth-group-cvs-health-and-hu/?source=iedfolrf0000001
Apr 02, 2024 - The federal agency that administers the Medicare program just approved a 3.7% payment rate increase. Here's why that's bad for insurance stocks.
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Many CVS drug plans will cover over-the-counter birth control pill at no cost
https://www.cnbc.com/2024/04/04/cvs-drug-plans-will-cover-otc-birth-control-pill-opill.html
Apr 04, 2024 - The decision by CVS could open the door for more people to prevent unintended pregnancies without a prescription.
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CVS favors Humira copycats hurting AbbVie’s market share: Evercore
https://seekingalpha.com/news/4090466-cvs-favors-humira-copycats-hurting-abbvies-market?source=feed_sector_healthcare
Apr 17, 2024 - CVS Health's (CVS)decision to drop coverage for Humira and favor its cheaper biosimilars is hurting AbbVie's (ABBV) market dominance. Read more here.
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CVS shares plummet as health company slashes profit outlook on higher medical costs
https://www.cnbc.com/2024/05/01/cvs-health-cvs-earnings-q1-2024.html
May 01, 2024 - CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.
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CVS Health posts biggest one-day drop in over a decade on Q1 miss
https://seekingalpha.com/news/4097802-cvs-health-stocks-posts-record-loss-q1-miss?source=feed_sector_healthcare
May 01, 2024 - CVS Health (CVS) stock plunged 17%, marking the biggest intraday decline in over a decade, after reporting disappointing Q1 results with a guidance cut. Read more here.
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CVS Health hits 52-week low as Leerink downgrades after Q1 miss
https://seekingalpha.com/news/4097659-cvs-health-stock-downgraded-leerink-q1-miss?source=feed_sector_healthcare
May 01, 2024 - CVS Health (CVS) stock hit a 52-week low as Leerink Partners downgraded the stock following the company's worse than expected Q1 2024 results. Read more here.
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Watch: CVS pharmacists are burned out and frustrated
https://www.boston.com/news/boston-globe-today/2023/11/29/watch-cvs-pharmacists-are-burned-out-and-frustrated/
Nov 29, 2023 -
They walked out of the Rhode Island-based pharmacy over working conditions. Reporter Thomas Lee has what that means for the chain’s future.
The post Watch: CVS pharmacists are burned out and frustrated appeared first on Boston.com.
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