CVS Health (CVS), which no longer sells cigarettes and other tobacco sales, is generating better than expected sales from new business across all lines including drugstores, retail clinics and its pharmacy benefit management company. Though the loss of tobacco sales hurt sales in the front of its stores, CVS chief executive [...]
Fears over Amazon (NASDAQ:AMZN) breaking into the mail order drug delivery business, and also potentially launching its own pharmacy benefits manager or PBM, has wreaked havoc on pharmacy chains such as CVS Health (CVS) and Walgreens Boots Alliance (WBA).
A dispute between the largest pharmacy benefit manager and a health insurance giant has shown how profitable some relationships have become—giving more ammunition to critics of the health-care system. // Corporate Feud Exposes Big Profits on Drug Sales -- Anthem, Express Scripts drug-pricing dispute could reverberate through the industry
CVS tightens restrictions on opioid prescriptions in bid to stanch epidemic