Tag Archives: CVS

Reuters reports: CVS Health Corp, Walgreens Boots Alliance Inc, and Walmart Inc have tentatively agreed to pay about $13.8 billion to resolve thousands of U.S. state and local government lawsuits accusing the chains of mishandling opioid painkillers, according to two people familiar with the negotiations. The proposed settlement calls for CVS to pay $5 billion over 10 years, Walgreens to …

Ars Technica reports: Pharmacy giants CVS and Walmart will have to face trials over claims that placing ineffective homeopathic products alongside legitimate over-the-counter medicines on store shelves deceives consumers into thinking that the pseudoscientific products are akin to evidence-based, Food and Drug Administration-approved drugs. The claims come from the nonprofit organization Center for Inquiry (CFI), which filed nearly identical lawsuits …

The Christian Post reports: A nurse practitioner in Virginia is suing CVS, alleging that the pharmacy chain illegally fired her for refusing to distribute contraceptives. The Alliance Defending Freedom filed a lawsuit Wednesday in the Virginia Circuit Court for the County of Prince William on behalf of Paige Casey. She worked as a nurse practitioner at several CVS MinuteClinic locations …

NBC News reports: Pharmacies, states, U.S. territories and federal agencies discarded 82.1 million Covid vaccine doses from December 2020 through mid-May — just over 11 percent of the doses the federal government distributed, according to data the CDC shared with NBC News. Two retail pharmacy chains, CVS and Walmart, were responsible for over a quarter of the doses thrown away …

CNBC reports: CVS Health said Thursday that it will close about 900 stores over the next three years, as it adjusts to shoppers who are buying more online. The company announced in a news release that it will focus more of its efforts on digital growth and turning its stores into destinations that offer a range of health-care services, from …

Reuters reports: The first trial of four large pharmacy chains over the deadly U.S. opioid epidemic was set to begin on Monday, as two Ohio counties seek to convince jurors the companies are responsible for flooding their communities with addictive pain pills. The Ohio counties of Lake and Trumbull allege that oversight failures at pharmacies run by Walgreens Boots Alliance …

NBC News reports: Pharmacies and state governments in the United States have thrown away at least 15.1 million doses of Covid-19 vaccines since March 1, according to government data obtained by NBC News. Four national pharmacy chains reported more than 1 million wasted doses each, according to data released Tuesday by the Centers for Disease Control and Prevention in response …

ABC News reports: “Target will continue to require all of our coronavirus safety measures in all stores, including masks and social distancing, while we review guidance from the CDC and evaluate the guidance we offer our team and guests,” Target said. CVS is also keeping its mask mandate as it reviews the CDC’s policy. Home Depot will be keeping their …

Reuters reports: U.S. retailers and pharmacies like Walgreens and CVS Health are preparing for a fresh round of “bot” attacks by scalpers hoping to snap up COVID-19 vaccine appointments as they did hoarding Sony PlayStation 5s and Nike sneakers. For over a decade, the retail industry has battled so-called “scalper bots,” programmed to cut digital lines and snap up limited-supply …

Politico reports: The Biden administration said Tuesday it will begin distributing a limited number of Covid-19 vaccine doses directly to retail pharmacies across the nation. Many pharmacies are already administering vaccine doses that have been allocated to states. Under the new program, the federal government would ship doses directly to pharmacies. The new pharmacy initiative — which is aimed at …

CNBC reports: Amazon is entering the pharmacy business with a new offering called Amazon Pharmacy, allowing customers in the United States to order prescription medications for home delivery, including free delivery for Amazon Prime members. Amazon has been quietly building out its pharmacy offering for several years after ramping up internal discussions in 2017 and acquiring PillPack in 2018. The …

NBC News reports: CVS Health said Monday it plans to immediately hire 15,000 employees to prepare for an expected rise in Covid-19 and flu cases this fall and winter. More than 10,000 of those will be full-time and part-time licensed pharmacy technicians who can help dispense medications and administer Covid-19 tests. The larger workforce could also help CVS prepare for …

CNN Business reports: CVS and Target will require customers to wear masks in their stores across the United States as the retail industry moves to enforce mask mandates to slow the spread of the coronavirus. “We’re joining others in taking the next step and requiring all customers to wear face coverings,” CVS tweeted Thursday. The policy goes into effect Monday. …

CNN reports: Five retailers have announced this week that they will start asking customers not to openly carry guns into their stores in states where open carry is legal. The moves represent a major shift in the way retailers are positioning themselves in the gun debate. Walgreens, CVS, and Wegmans announced the new policy Thursday afternoon, following announcements from Walmart …

CNBC reports: It’s been a year in the making, but CVS Health finally closed Wednesday on its acquisition of Aetna, creating a new health-care powerhouse. The merger combines CVS’ pharmacies with Aetna’s insurance business, blurring traditionally distinct lines in hopes of lowering costs. CVS also has one of largest pharmacy benefits managers through CVS Caremark and a major Medicare Part …

CNBC reports: The Department of Justice gave conditional approval Wednesday for CVS Health’s acquisition of insurer Aetna, cementing a deal that could transform how U.S. consumers access health care. The two companies cleared their path to approval when Aetna announced Sept. 27 that it reached an agreement to sell its Medicare Part D drug plan business to WellCare Health Plans …

Block Club Chicago reports: The white CVS manager who called the police on a black woman trying to use a coupon at an Edgewater store Friday night has been fired by the company, a CVS Health spokesman told Block Club Chicago Monday morning. “We have completed our investigation, and as a result the two colleagues who were involved are no …

The Chicago Sun-Times reports: Camilla Hudson wanted to use a manufacturer’s coupon at CVS on North Broadway on Friday night, but a manager who said he’d never seen a coupon like that called the police, she said in a Facebook post. “So, THIS just happened: I had the police called on me for attempting to use a coupon @ the …

The Washington Post reports: Pharmacy giant CVS Health has agreed to buy Aetna in a $69 billion blockbuster acquisition that could rein in health care costs and transform its 9,700 pharmacy storefronts into community medical hubs for primary care and basic procedures, people familiar with the deal said Sunday. The pharmacy chain agreed to buy Aetna for about $207 per …