By combining, CVS Health and Aetna hope to build a lower-cost, more-convenient model of care with retail clinics at the center.
Aetna will operate as a stand-alone unit within CVS and will be run by the insurer's current management team. The deal would create a healthcare giant with more than $240 billion in annual revenue.
A CVS customer wants to end a federal lawsuit that hit the drugstore chain in a sensitive area: The prices it charges for prescriptions.
Politics, like nature, abhors a vacuum. Witness how the pharmaceutical industry has succeeded in taking advantage of President Donald Trump's failure to do something—anything—about high drug prices.
The Cherokee Nation claims the companies should have prevented rather than profited from the opioid epidemic and the mass distribution of addictive pain pills.
Some ailing veterans can now use their federal healthcare benefits at CVS MinuteClinics to treat minor illnesses and injuries, under a pilot program announced Tuesday by the Department of Veterans Affairs.
PBMs and tech startups are responding to underinsurance and the onslaught of high-deductible health plans by cutting out insurers in the quest to help patients lower their prescription drug costs.
Walgreens and Rite Aid will sell 865 stores to rival retailer Fred's for $950 million, potentially removing the final roadblock thwarting a tie up between the nation's largest and third-largest drugstore chains.
CVS Health is partnering with UnitedHealth's pharmacy-benefit manager business OptumRx in a move that helps the retailer compete with rival drugstore chain Walgreens, which struck a similar deal with OptumRx earlier in the year.
CVS has awarded grants to 20 colleges in the first round of a multiyear effort encourage smoke-free policies on college campuses.
Walgreens Boots Alliance earnings topped $1 billion during the fourth quarter, easily surpassing analyst expectations, but also announced a delay in closing its latest megadeal.
Humana, UnitedHealthcare, WellCare, Blue Cross and Blue Shield of Florida and CVS Health are among those participating in a Medicare Part D model that gives insurers financial incentives to offer innovative programs that encourage patients to take their medications.