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News Articles: cvs

People demonstrating against the health care industry stand outside Federal Criminal Court as Luigi Mangione, suspect in the shooting death of UnitedHealthcare CEO Brian Thompson, appears during an arraignment hearing on Dec. 19, 2024 in New York City.

Tagged as: 

  • Business

Big Health Care is ending a terrible year. Is anyone happy with this business?

Patients are protesting, bipartisan lawmakers are threatening regulation – and investors are selling their shares. 

December 20, 2024
|
By:
  • Maria Aspan
Walgreens said Tuesday it would close 1,200 stores. Rival drugstore chain CVS recently laid off thousands of employees to cut costs.

Tagged as: 

  • Business

CVS and Walgreens are ailing. Here’s why

America’s biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role in our lives.

October 16, 2024
|
By:
  • Alina Selyukh
Boxes of the drug mifepristone sit on a shelf at the West Alabama Women's Center in Tuscaloosa, Ala., on March 16, 2022.

Tagged as: 

  • Health

CVS and Walgreens to start dispensing abortion pill in states where it's legal

CVS will start filling prescriptions for mifepristone in Massachusetts and Rhode Island. Walgreens will start in New York, Pennsylvania, Massachusetts, California and Illinois.

March 01, 2024
|
By:
  • Jaclyn Diaz and
  • Alina Selyukh
A CVS pharmacy in California running low on children's pain and fever relief medicines, pictured earlier this month.

Tagged as: 

  • Children's Health

CVS and Walgreens limit sales of children's meds as the 'tripledemic' drives demand

Walgreens will limit online orders of children's fever and pain medicine to six items "to help support availability and avoid excess purchases." At CVS stores, purchases will be limited to two.

December 20, 2022
|
By:
  • Becky Sullivan
CVS would pay nearly $5 billion over 10 years, while Walgreens would pay $5.7 billion over 15 years, in a settlement over their roles in the opioid crisis.

Tagged as: 

  • Health

CVS and Walgreens agree to pay $10 billion to settle lawsuits linked to opioid sales

CVS would pay about $5 billion and Walgreens more than $5.5 billion, though neither company has admitted wrongdoing. States have until the end of the year to accept the terms of the settlement.

December 13, 2022
|
By:
  • Ayana Archie

Tagged as: 

  • Health

CVS and Walgreens announce opioid settlements totaling $10 billion

It could amount to the last round of huge settlements after years of litigation over the industry's role in an overdose crisis linked to more than 500,000 deaths in the U.S. over the past two decades.

November 02, 2022
|
By:
  • The Associated Press
CVS is adding mental health counseling to the services offered at about a dozen of its stores with HealthHUBs in Florida, Pennsylvania and Texas.

Tagged as: 

  • Mental Health

CVS To Offer In-Store Mental Health Counseling

As the number of people seeking therapy soars during the pandemic, CVS has begun testing a model to offer counseling services in its stores. It hopes to reduce costs for both patients and itself.

April 29, 2021
|
By:
  • Yuki Noguchi
Amazon has launched an online pharmacy, sending shares of CVS, Walgreens and Rite Aid tumbling.

Tagged as: 

  • Business

Amazon Wants To Sell You Prescription Medications

Amazon launches an online pharmacy, sending shares of CVS, Walgreens and Rite Aid tumbling. Amazon has pushed to compete with Walmart and major pharmacy chains that have long offered home delivery.

November 17, 2020
|
By:
  • Alina Selyukh
"With the recent spike in COVID-19 infections, we're joining others in taking the next step and requiring all customers to wear face coverings when entering any of our stores throughout the country effective Monday, July 20," CVS officials said Thursday.

Tagged as: 

  • Business

Target, CVS Shoppers Will Be Required To Wear Masks

The new policies follow similar moves by a growing number of retailers acting to fill a void left by local, state and federal authorities who have refused to set mandatory policies.

July 16, 2020
|
By:
  • Vanessa Romo
CVS Health is opening a drive-thru coronavirus testing site on the Georgia Tech campus.

CVS Opens Drive-Thru COVID-19 Testing Site At Georgia Tech

CVS Health on Monday opened a drive-thru coronavirus testing site on the Georgia Tech campus. The launch of the testing site is a joint effort between...

April 06, 2020
|
By:
  • Sarah Rose

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