The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the ...

CVS is switching up the way it pays for prescription drugs and moving toward a “more transparent” reimbursement model.. The pharmacy chain announced a new payment model, CVS CostVantage, on ...

CVS Health, the nation’s largest pharmacy chain with more than 9,000 locations, said on Tuesday that it planned to change the way its pharmacies were paid for the medications they dispensed, in ...

CVS is opening new stores around the nation, but they will be significantly smaller and focus only on pharmacy services. The move comes as the industry undergoes a major shift.

CVS Pharmacy announced that its changing the way it's reimbursing its over 9,000 pharmacies for the drugs they buy. The goal is to create a more transparent and viable industry.

CVS Pharmacy is closing hundreds of stores in 2025 as part of restructuring efforts. According to its recent annual report from February 2025, CVS announced will close 271 retail pharmacies this year.

CVS Pharmacy has announced plans to open a new kind of store in parts of the U.S. The pharmacy chain said it will open "smaller format" locations in select communities within the next year. Stream ...

SelectHealth recently notified members by mail that CVS will no longer be considered an in-network pharmacy. The letter said the insurance company is not renewing its contract with CVS Pharmacy as ...

It also owns the pharmacy benefits manager, CVS Caremark; a health insurance provider; and other brands, such as Omnicare. The corporation earned $8.3 billion in profits last year.

CVS Pharmacy is closing hundreds of stores in 2025 as part of restructuring efforts. According to its recent annual report from February 2025, CVS announced will close 271 retail pharmacies this year.