The top news stories in medicine today: A Tennessee multi-physician practice agrees to pay $2.8 million to resolve allegations it billed nonphysician practitioners' services under physicians' provider numbers; CDC data show an early start to flu season; cannabis use is tied…
CVS is splitting off its retail pharmacies as lawmakers intensify scrutiny of vertically integrated insurers, PBMs and pharmacy owners. Why CVS is breaking up its pharmacy empire now CVS is splitting off its retail pharmacies as lawmakers intensify scrutiny of…
In an interview with Fox News Digital, Douglas Hoey of the National Community Pharmacists Association said splitting CVS Pharmacy from its insurance and Pharmacy Benefits Manager businesses could improve competition and lower costs. CVS Health on Tuesday announced plans to…
The separation will create one company focused on healthcare services and another on retail pharmacy and community healthcare. Company net income was $2.17 billion, or $1.68 per diluted share, versus a net loss of $3.98 billion, or $3.13 per diluted share, in the year-previous…
The San Joaquin Valley Sun CVS to split off pharmacy business in major shakeup CVS Health will split into two separate companies in the first half of 2028, ending its run as the nation’s largest healthcare conglomerate. The big picture: A…
CVS pharmacy on Jericho Tpke in Huntington Station. Credit: Howard Simmons CVS Health said Wednesday it will break itself into two companies, dividing its retail pharmacy and insurance businesses. Under the proposed plan, CVS’ more than 9,000 pharmacies, its MinuteClinics and…
CVS Health Corp. plans to spin off its retail pharmacy business in one of the biggest-ever breakups in the health care industry. The drugstore business will be separated into a new company called CVS Pharmacy in the first half of…
By John Tozzi, Bloomberg News CVS Health Corp. plans to spin off its retail pharmacy business in one of the biggest-ever breakups in the healthcare industry. The drugstore business will be separated into a new company called CVS Pharmacy in…
By Phil Galewitz, KFF Health News Millions of Medicare enrollees who buy stand-alone prescription drug plans will see their average monthly premiums rise by 50% in 2027, a new analysis finds. But enrollees can avoid the average increase — from $34 a month to…
Health insurer Aetna is headquartered at this campus at 151 Farmington Ave., in Hartford, Conn. Parent company CVS Health has announced that it will split into two new companies, and one of them will be a health-care company that includes Aetna.
What drugs cost and the fights over it: TrumpRx and most-favored-nation deals, pharma tariffs, Medicare price negotiation, pharmacy benefit managers and 340B.
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