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CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
7 months, 3 weeks ago

CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist

Associated Press  

CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast. Shares of the health care giant plunged Wednesday after the company said it was still struggling with rising costs from care use in its Medicare Advantage business. CVS Health had already scaled back 2024 expectations earlier this year as it worked to …

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Growing prescriptions help push CVS past Q2 expectations
2 years, 4 months ago

Growing prescriptions help push CVS past Q2 expectations

The Independent  

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COVID-19 vaccines, prescriptions fuel strong quarter at CVS
2 years, 10 months ago

COVID-19 vaccines, prescriptions fuel strong quarter at CVS

Associated Press  

COVID-19 vaccines and the return of customers to stores helped push CVS Health well past fourth-quarter earnings expectations. The pandemic’s impact was clear in the recently concluded fourth quarter, which saw CVS Health’s profit jump 34% to $1.31 billion compared with the final quarter of 2020. The largest revenue generator for CVS, the pharmacy benefit management business, processed more pharmacy …

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After an 11% profit spike, CVS outlook for 2021 grows rosy
3 years, 7 months ago

After an 11% profit spike, CVS outlook for 2021 grows rosy

Associated Press  

CVS Health hiked its 2021 forecast and beat Wall Street’s first-quarter expectations as a growing insurance business offset hits the health care giant took from a weak cold and flu season. CVS Health said Tuesday that it also delivered more than 23 million COVID-19 tests and 17 million vaccine doses through April, which helped its drugstore business. A weak cough, …

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CVS CEO: We must make sure vaccinations are available to communities that need them most
3 years, 10 months ago

CVS CEO: We must make sure vaccinations are available to communities that need them most

CNN  

Editor’s Note: Karen S. Lynch is president and CEO of CVS Health. As one of the federal government’s national pharmacy partners for Covid-19 vaccinations, CVS Health is ready to continue our role in the coordinated response to the pandemic. Today, more than half of our testing sites serve communities with the greatest need for support as determined by the CDC’s …

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