Recent events
Recent events tied to this brand in public sources.
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2020
Rhode Island partners with CVS Health for drive-through COVID-19 testing
Rhode Island partnered with CVS Health to provide free rapid COVID-19 tests at a new drive-through testing site at Twin River casino in Lincoln.
2020
Derica Rice to depart CVS Health
CVS Health said Derica Rice, executive vice president and president of CVS Caremark, would depart the company and remain through February to help ensure a transition.
2020
CVS Health appoints executives to transformation and Aetna roles
CVS Health appointed Jonathan Mayhew executive vice president of transformation and Alec Cunningham executive vice president and chief operating officer for the Aetna business.
2020
CVS Health appoints Alan Lotvin as CVS Caremark president
CVS Health said it appointed Alan Lotvin, then an executive vice president, as president of CVS Caremark. He will also oversee CVS Specialty and CVS Kidney Care.
2020
CVS debuts HealthHUBs in Florida
CVS Health debuted its HealthHUB concept in Florida with nine Tampa Bay locations.
2020
CVS Health launches nine HealthHUB locations in Greater Tampa
CVS Health debuted its HealthHUB store format at nine CVS Pharmacy locations in the Greater Tampa community. The locations offer expanded health care services, wellness products and personalized support.
2020
CVS Health debuts 16 HealthHUB locations in Greater Atlanta
CVS Health debuted its HealthHUB store design in 16 CVS Pharmacy locations across Greater Atlanta. The format features expanded health care services, health and wellness products, and personalized care.
2019
Federal government sues CVS over Omnicare prescription refills
The U.S. Department of Justice joined a legal case accusing CVS Health’s Omnicare business of dispensing drugs on expired or otherwise invalid prescriptions and fraudulently billing government-funded programs. CVS Health said the claims had no merit and that it would defend the case.
2019
DOJ sues Omnicare and CVS over prescription billing allegations
The U.S. Attorney for the Southern District of New York sued Omnicare and parent CVS Health, alleging that Omnicare fraudulently billed federal health care programs for drugs dispensed on expired or otherwise invalid prescriptions. CVS denied the allegations and said it would defend the case.
2019
CVS Health reports third-quarter results
CVS Health reported third-quarter earnings of $1.84 per share and quarterly sales of $64.81 billion, both above analyst consensus estimates.
2019
CVS Health raises 2019 EPS guidance
CVS Health raised its fiscal 2019 EPS guidance to $6.97–$7.05 from $6.89–$7, while lowering its operating income guidance to $11.77 billion–$11.95 billion from $11.82 billion–$12.02 billion.
2019
CVS announces 22 store closures
CVS Health said it plans to close 22 underperforming drugstores in early 2020; it did not disclose which locations would close.
2019
UPS completes drone deliveries of CVS medicines to homes
UPS completed drone deliveries of prescription medicines from a CVS pharmacy in Cary, North Carolina, to two customers’ homes, expanding its drone flights beyond hospital campuses. Matternet provided the aircraft for the flights.
2019
CVS suspends sales of Zantac and ranitidine products
CVS Pharmacy said it suspended sales of Zantac-brand and CVS Health-brand ranitidine products until further notice after an FDA alert that ranitidine products may contain a possible human carcinogen. The source says the products had not been recalled and the FDA was not recommending that patients stop taking them.