The Associated Press CVS Health has added four new board members, including the CEO of a hedge fund that has been critical of the struggling health care giant. The company said Monday that it expanded its board to 16 members following “productive discussions” with shareholder Glenview Capital Management. The hedge fund holds about a 1% stake…… MORE
CVS Health fell short on third-quarter profit, but it posted strong sales and the health care giant shook up leadership under new CEO David Joyner after a rough year that has sent shares plunging.… MORE
CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on several fronts.… MORE
CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast.… MORE
The drugstore chains CVS Health and Walgreens plan to start dispensing an abortion pill in a few states within weeks.… MORE
Woonsocket-based CVS Health said Wednesday that it was scaling back already cautious expectations for 2024 as it tries to understand why costs keep rising from the privately run version of the government’s Medicare program.… MORE
CVS Health is plunging deeper into primary care services, buying primary care provider Oak Street Health for approximately $10.6 billion.… MORE
The two largest U.S. pharmacy chains, CVS Health and Walgreen Co., announced agreements in principle Wednesday to pay about $5 billion each to settle lawsuits nationwide over the toll of opioids, and a lawyer said Walmart, a third pharmacy behemoth, is in discussions for a deal.… MORE
COVID-19 vaccines and the return of customers to stores helped push CVS Health well past fourth-quarter earnings expectations. … MORE
CVS Health will close hundreds of drugstores over the next three years, as the retail giant adjusts to changing customer needs and converts to new store formats. … MORE
