Category: NYSE:CVS

Pressure Mounts On Rite Aid To Find A Partner

Rite Aid faces intensifying pressure to find a strategic partner one month after its merger with Albertsons fell apart.

Until Amazon Stores Have Doctors, CVS And Walgreens Needn’t Worry

It’s unclear whether Amazon’s cashierless stores will offer healthcare services, threatening CVS, Walgreens and Walmart and their push into providing medical care.

Justice Department Gives Early Okay To Cigna-Express Scripts Deal

U.S. Justice Department has cleared the Cigna and Express Scripts merger, “terminating the applicable waiting period,” the companies said Monday.

Fred’s May Sell More Pharmacies Amid Turnaround

Fred’s continues to “evaluate strategic opportunities” for its remaining pharmacy business after announcing the sale of prescription files from 185 pharmacies to Walgreens.

Walgreens To Buy Patient Files From 185 Fred’s Pharmacies

Walgreens will buy Fred’s pharmacy patient prescription files and related pharmacy inventory for $165 million.

WellCare Ready To Buy Divested CVS-Aetna Medicare Drug Plans

WellCare Health Plans is a potential buyer of Medicare part D drug plan assets that may have to be sold off by Aetna and CVS Health to win Justice Department approval of their merger.

Wellcare Adds PBM And 1M Members With Close Of Meridian Deal

Wellcare Health Plans launched a new platform for multi-state growth with the close of its acquisition of Meridian Health Plans and the MeridianRx PBM.

So Far, Cigna-Express Scripts Deal Approved By Half Of States Needed

Cigna said 14 of 29 states have signed off on its acquisition of Express Scripts.

J.D. Power: Amazon Faces Tall Order Toppling Walgreens And CVS Brick-And-Mortar

J.D. Power says customer satisfaction remains very high for pharmacies and the retail health services they provide.

Opioid Lawsuits Looking More Like A Tobacco Settlement Every Day

Drug makers, PBMs and drugstore chains involved in the sale and distribution of opioids may have reason to fear “a tobacco-style master settlement agreement,” Fitch Ratings says.