What You Should Know: – Today, CVS Caremark, the Pharmacy Benefit Manager (PBM) of CVS Health announced a larger PBM contract with the Government-wide Service Benefit Plan (also known as the Federal Employee Program), which has provided benefits to the federal workforce for 60 years… Read More »CVS Health Inks Larger PBM Contract with Federal Employee Program, Adds Specialty Pharmacy Care
Back in 2018, it felt like the health care sector was on the verge of a massive shift, driven by a desire from payers to better manage their members’ total cost of care with enhanced in-home capabilities. Much of that feeling came from watching Humana… Read More »Payers Increasingly Turning to Home-Based Care to Shoulder COVID-19 Costs
CVS Health (NYSE: CVS) has allotted ample resources toward home- and community-based care over the past year. It has done so for several reasons, CVS Health leaders point out. For one, investing in home-based care makes it easier for patients to access necessary services during… Read More »CVS Health Building ‘Home Health Hub’ to Better Care for Seniors
Source: CVS Health What Should Know: – CVS Health unveils community-based strategy increase access to COVID-19 vaccinations for vulnerable communities and advance vaccine education while combating hesitancy. – The strategy includes a strategic partnership with Lyft to help underserved communities access vaccination appointments by providing… Read More »CVS Launches Community-Based Strategy to Address COVID-19 Vaccine Education and Equity
After completely exiting the ACA exchanges in 2018, CVS plan to re-enter them in 2022. Last year, enrollment through federal exchanges increased, and Aetna CEO Karen Lynch said the markets have stabilized.
What You Should Know: – Today, CVS Health announced Symphony, a medical alert system designed to keep seniors safe and connected at home. – Symphony consists of a collection of in-home and wearable devices that offer a new at-home experience by connecting a suite of… Read More »CVS Health Launches Senior Medical Alert System, Symphony
The CEOs of Pfizer, Moderna, McKesson and CVS Health explained that the distribution effort has gone well but the administration of the vaccine has now to catch up. They expect it to happen soon.
CVS Health (NYSE: CVS) is partnering with the Cancer Treatment Centers of America (CTCA) to offer in-home chemotherapy to cancer patients. The partnership is a significant next step for at-home cancer care in the U.S., which has lagged behind other countries in the area. Initially,… Read More »CVS Health Partners with National Oncology Network to Offer In-Home Chemotherapy
What You Should Know: – Today, CVS Health announced a collaboration with Cancer Treatment Centers of America (CTCA) to provide in-home chemotherapy for clinically eligible and fully insured patients. – The program, which leverages CVS Health’s home infusion service, Coram, and CTCA’s expertise as a… Read More »CVS Health to Provide In-Home Chemotherapy with Cancer Treatment Centers of America
What You Should Know: – Amazon, CVS Health, Thermo Fisher Scientific join forces to promote employer-based testing As part of a comprehensive COVID-19 testing strategy. – The coalition, named Workplace Employers Alliance for COVID-19 Testing (WE ACT), believes that employer-based testing programs are essential to… Read More »Amazon, CVS Health, Thermo Fisher Scientific Form Alliance for Employer-based COVID-19 Testing
The retailer plans to open primary care clinics in Houston, El Paso, Austin, Phoenix and Orlando by next summer as part of its partnership with startup VillageMD.
HHS Taps CVS Health for Pilot to Administer COVID-19 Therapy to Patients At Home & Long-Term Care Facilities
What You Should Know: – Today, CVS Health was selected by HHS, as part of Operation Warp Speed, to pilot the administration of a limited supply of bamlanivimab, a monoclonal antibody therapy, with eligible COVID-19 patients at-risk of severe infection or complications resulting from the… Read More »HHS Taps CVS Health for Pilot to Administer COVID-19 Therapy to Patients At Home & Long-Term Care Facilities
Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
Neela Montgomery, EVP & President at CVS Pharmacy/Retail CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company’s 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital… Read More »Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
The technology company is partnering with major insurers, including Aetna and Humana, as well as providers like Ochsner Health to expand access to its platform that connects patients to community-based social services.
CVS Health named a new CEO in its earnings call on Friday. Between plans to further integrate its pharmacy and insurance businesses, and discussion about how a Covid-19 vaccine would be distributed, here are four other things the company is preparing for in the coming… Read More »Four takeaways from CVS Health’s Q3 earnings
Aetna President Karen Lynch will replace current CVS CEO Larry Merlo next spring. Merlo, who has been the company’s CEO for nearly a decade, plans to retire in May.
CVS Health plans to add rapid Covid-19 tests at 1,000 locations by the end of the year. The company has not specified which rapid tests it will offer.
What You Should Know: – Salesforce and CVS Health announced a strategic relationship to help organizations, including employers and universities, return critical populations to the workplace or campus. With this new joint offering, which combines Salesforce Work.com capabilities with CVS Health’s Return Ready, worksite and campus locations will be able to provide complementary services… Read More »Salesforce, CVS Health Integrates COVID-19 Return to Work and Campus Solutions
What You Should Know: – CVS introduced Spoken Rx™, a new feature of the CVS Pharmacy app that can read important prescription information out loud. It is vitally important for patient safety and adherence that prescription labels are clear and visible, but for patients with visual impairments… Read More »New CVS Pharmacy App Feature Can Read Prescription Labels Out Loud for Visually Impaired