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CVS scoops up tech-enabled Medicare Advantage broker Hella Health

Fierce Healthcare

CVS has quietly acquired Hella Health, a startup Medicare Advantage broker based in New York City, according to a post on LinkedIn. | CVS has quietly acquired Hella Health, a startup Medicare Advantage broker based in New York City, according to a post on LinkedIn.

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CVS Pharmacists, Staff in Kansas City Stage Walkout Over Working Conditions

Drug Topics

Pharmacists at nearly 2 dozen CVS pharmacy locations called out sick Thursday and Friday to protest recent corporate decisions they say put patients at risk of serious harm.

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STAT+: CVS went hard after Medicare Advantage patients, now it’s retreating

STAT

CVS Health got walloped at the outset of 2024 as older adults in its Medicare plans continue to get a lot more medical care than the company expected. CVS’ operating income fell by 34% — roughly $1.2 billion — in the first quarter compared with the prior-year period, according to results released Tuesday.

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CVS rolls out tuition assistance, scholarship programs for pharmacists

Fierce Healthcare

CVS Health is aiming to bolster the pharmacy workforce with new scholarship and tuition assistance programs for people looking to enter the field. | CVS Health is aiming to bolster the pharmacy workforce with new scholarship and tuition assistance programs for people looking to enter the field.

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CVS lowers 2024 guidance as it misses on profit, revenue in Q1

Fierce Healthcare

CVS Health is lowering its guidance for the year after a first-quarter miss on both profit and revenue. | The company posted $1.1 billion in profit for the quarter as well as $88.4 billion in revenue. Both fell short of Wall Street analysts' expectations, according to Zacks Investment Research.

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Breaking: Class Action Lawsuit Filed Against CVS Health, Caremark, Aetna to Recoup DIR Fees

Drug Topics

The class action lawsuit against CVS Health, Caremark, and Aetna was announced earlier today.

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STAT+: Thanks to CVS, a biosimilar version of AbbVie’s Humira is grabbing huge market share

STAT

surged to 36% from just 5% during the first week of April, thanks to the expanding reach that CVS Health has over the prescription drug market. However, Hyrimoz is jointly marketed with Cordavis, a new subsidiary that CVS created last August specifically to sell any number of biosimilar medicines in the U.S.

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