CVS pulls popular cold medicines from store shelves
CVS confirmed Thursday that it has voluntarily decided to remove certain medicines after an FDA panel had determined last month that their active ingredient is not effective.
Narcan nasal spray is available for over-the-counter purchase in US: ‘Lifesaving drug’
Narcan (naloxone) is now available for purchase over the counter (OTC), without a prescription, in all U.S. states, Washington, D.C. and Puerto Rico. Here are details.
CVS to lay off 5,000 employees as it seeks to cut costs
Pharmacy giant CVS confirmed that its cutting thousands of corporate workers as it looks to "re-prioritize our investments around care delivery and technology."
CVS 'gender transition' guide says employees must use preferred pronouns, can use bathroom reflecting identity
CVS Health informed employees that transgender workers may use bathrooms corresponding with their gender identity and must be referred to by their preferred pronouns.
CVS buying Oak Street Health for $10.6B
CVS Health announced plans for them to acquire primary health company Oak Street Health for $39 a share, at a total purchase price of approximately $10.6 billion.
CVS, Walmart cut pharmacy hours as pharmacist shortage persists
CVS and Walmart are cutting back and adjusting pharmacy hours as the companies try to combat the ongoing staffing shortages that have affected the industry.
CVS nurse fired after refusing to prescribe birth control over religious beliefs sues pharmacy
A former nurse practitioner for CVS claimed she had been discriminated against for her religious beliefs in a lawsuit filed against the company Wednesday after she had been fired for refusing to prescribe birth control.
Oklahoma announces another $226 million in settlements over opioid epidemic
Oklahoma announced new settlements totaling $226.1 million with three pharmacy chains and a drug manufacturer over the opioid epidemic on Wednesday.
Can't find children's Tylenol? You might not need it, doctors say
The surge of viral illnesses in children nationwide, driven by cases of RSV, flu and COVID-19, is causing high demand for certain medicine including children's Tylenol.
How is pharmacist burnout being addressed?
There’s a growing trend of pharmacists being overworked, and this has been exacerbated within the last three years, even prior to the coronavirus pandemic.
CVS reaches $5B settlement of opioid lawsuits, becomes first pharmacy to strike nationwide deal
CVS Health has announced a $5 billion deal that, if approved, would make it the first major pharmacy chain to reach a nationwide settlement of opioid lawsuits.
CVS, Walmart, Walgreens agree to $13.8B opioid settlement: report
CVS, Walgreens and Walmart have reached a tentative $13.8 billion settlement over lawsuits filed since 2017 involving opioids.
CVS in exclusive talks to acquire Cano Health: report
Shares of Cano Health climbed on Friday following a report the value-based primary care provider is in exclusive talks to be bought by CVS Health. The Miami-based healthcare provider went public in June 2021.
Walmart, CVS reach $147.5M opioid settlement with West Virginia
West Virginia Attorney General Patrick Morrisey announced that the state settled with Walmart and CVS Pharmacy in a lawsuit regarding the oversupply of prescription drugs.
CVS Health to acquire Signify Health for $8B
The retail pharmacy chain, which will acquire Signify Health for $30.50 per share in cash, beat out bids from UnitedHealth, Amazon and Option Care Health.
CVS takes lead in talks to acquire Signify Health: report
The competition to acquire Signify Health could be coming to an end as CVS is reportedly in advanced talks to buy the company for $8 billion.
CVS, Walgreens, other pharmacies start rolling out latest COVID booster
Pharmacies across the nation are already starting to offering updated coronavirus booster shots to try and prevent another winter surge in cases. The omicron shot targets the omicron strain.
UnitedHealth, Amazon, CVS Health, Option Care bidding on Signify Health
Several major companies are bidding to buy Signify Health. The bidders reportedly include UnitedHealth, Amazon, CVS Health and Option Care Health. The deal could worth over $8 billion.
Pharmacies ordered to pay $650.6M to Ohio counties in opioid case
Federal judge orders CVS, Walmart and Walgreens to pay $650.6 million to Lake and Trumbull counties in Ohio after jury concludes the pharmacy chains over-supplied pain pills.
CVS plans to make a move into primary care by end of 2022
CVS Health CEO Karen Lynch said Wednesday the pharmacy chain plans to take action to acquire or merge with a primary care firm by the end of the year.