Latest Cvs Headlines

All the headlines from our Cvs Topic Page, ordered by recency.

Cigna to Buy Pharmacy Benefits Manager Express Scripts for $52 Billion

Mar 8 2018 // U.S. health insurer Cigna Corp. struck a $52-billion deal to buy pharmacy benefits manager (PBM) Express Scripts Holding Co on Thursday, looking for new ways to hold onto their profits as the industry faces greater...

CVS Says It Will Keep Aetna in Connecticut’s Capital City

Jan 16 2018 // CVS Health Corp. said Friday it has “no plans” to move Aetna from Connecticut’s capital city, reversing last year’s announcement by the insurance giant that it would move its headquarters to another...

Some Question CVS-Aetna Remodeling of Health Care

Dec 28 2017 // Walking the aisles of a CVS drugstore, there are piled paper towels, stacked cereal boxes, and neat lines of nail polish. In the back, there’s the pharmacy. For years, that approach has remained essentially unchanged...

CVS-Aetna Merger Will Influence Employers’ Benefits Decisions: Aon

Dec 18 2017 // CVS Corp.’s proposed purchase of Aetna Inc. will affect decision-making by a majority of large and mid-size U.S. corporations on employee health benefits, a survey by benefits consultant Aon Plc found. CVS, the...

CVS to Pay $67.5B for Aetna to Create Giant Health Firm with ‘10,000 New Front Doors’

Dec 3 2017 // CVS Health Corp. will buy Aetna Inc. for about $67.5 billion, creating a healthcare giant that will have a hand in everything from insurance to the corner drugstore. CVS will pay $207 a share for Aetna, with $145 a share...

CVS, Aetna Could Close $70B Merger Deal as Soon as December

Nov 6 2017 // U.S. pharmacy operator CVS Health Corp. and health insurer Aetna Inc. are working toward finalizing merger terms and announcing a deal for more than $70 billion as early as December, according to people familiar with the...

Aetna Keeps Quiet About Reported CVS Merger Talks; Net Income Rises 39%

Nov 1 2017 // U.S. health insurer Aetna Inc failed to provide any hints on reported merger talks with CVS Health Corp when discussing quarterly results on Tuesday and laid out obstacles to 2018 earnings growth, sending its shares...

What CVS-Aetna Deal Could Mean for Pharmacy Benefit Managers

Oct 30 2017 // If Aetna Inc. is eventually swallowed by CVS Health Corp., an important part of the health-care business will be changed — perhaps for good. For years, pharmacy benefits were largely carved out from the rest of a...

CVS Health Reported in Talks to Buy Aetna

Oct 27 2017 // Aetna Inc. gained in New York trading after the Wall Street Journal reported that CVS Health Corp. is in talks to buy the insurer for more than $66 billion. Aetna jumped 12 percent to $178.60, closing at a record high,...

Alabama Workers’ Compensation Act to Remain in Place, For Now

May 18 2017 // Alabama’s workers’ compensation law, ruled unconstitutional by a county judge last week, will remain in effect for the immediate future. The Alabama judge who on May 8 declared the state’s workers’...

CVS in Massachusetts Agrees to Pay $795K to State in Opioids Settlement

Sep 6 2016 // CVS Pharmacy Inc., the largest pharmacy chain in the U.S., is set to strengthen its policies around dispensing opioids in Massachusetts and pay $795,000 to the state in a recent settlement between the pharmacy and Attorney...

California Court Says Employers Can’t Deny Workers Seats

Apr 18 2016 // Employers cannot deny a worker a place to sit just because they prefer the person stand, and they must consider the employee’s work station, not their overall duties, when determining whether to provide a seat, the...

California Court Says Employers Can’t Deny Workers Seats

Apr 6 2016 // Employers cannot deny a worker a place to sit just because they prefer the person stand, and they must consider the employee’s work station, not their overall duties, when determining whether to provide a seat, the...

CVS Settles Fraud Claims by Investors for $48M

Oct 5 2015 // CVS Health Corp. reached a $48 million settlement of a lawsuit accusing the U.S. drugstore operator of fraudulently concealing a big loss of revenue in its pharmacy benefits manager business, culminating in a plunge in its...

CVS Settles Fraud Claims by Investors for $48M

Sep 17 2015 // CVS Health Corp. reached a $48 million settlement of a lawsuit accusing the U.S. drugstore operator of fraudulently concealing a big loss of revenue in its pharmacy benefits manager business, culminating in a plunge in its...

CVS Shuts Access to Opioid Painkillers for Suspect Doctors

Aug 22 2013 // CVS Caremark Corp said on Wednesday that it has taken the unusual step of cutting off access to powerful painkillers for more than 36 doctors and other healthcare providers found to prescribe the drugs at an alarmingly...

California Regulators Probe CVS Drug Refills Policy

Oct 18 2012 // California regulators are investigating reports that CVS Caremark Corp. refilled prescriptions without patient consent, or insurance approval. The Los Angeles Times reported customers in California and other states...

Court Blocks Drug Enforcement Against Florida’s Cardinal Health, CVS

Mar 5 2012 // A U.S. appeals court has agreed to temporarily allow Cardinal Health Inc. to continue distributing strictly-controlled prescription drugs from a Florida facility, blocking a Drug Enforcement Administration order to suspend...

Agents Raid 2 Florida CVS Stores in Prescription Drug Abuse Probe

Feb 6 2012 // Agents from the U.S. Drug Enforcement Administration raided two CVS pharmacies in Florida as part of an effort to curb the abuse of prescription painkillers and other potentially addictive substances. The action on...

CVS To Pay Record Fine for Selling Meth Ingredient

Oct 19 2010 // CVS, the nation’s largest operator of retail pharmacies, announced it has agreed to pay $75 million in fines for allowing repeated purchases of pseudoephedrine that led to a spike in Southern California drug...