CVS

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This $69B Deal May Reshape Health Care as We Know It

Proposed CVS-Aetna merger is approved by the DOJ

(Newser) - On Wednesday, CVS all but "cemented the deal" to buy Aetna for $69 billion, by scoring the Justice Department's preliminary approval of the deal, reports CNBC . With that green light comes a condition: that Aetna complete its plan to unload its Medicare Part D prescription drug plan business,... More »

CVS Manager Calls Cops Over Black Woman's Use of Coupon

The chain has apologized over incident in Chicago

(Newser) - It's another story with a familiar theme : CVS has apologized after a manager in Chicago called the police over a black woman's coupon. The Chicago Sun-Times reports that Camilla Hudson was trying to use a manufacturer's coupon at checkout, and the manager on duty apparently concluded that... More »

Amazon Just Made a Big Move That Might Worry CVS

Jeff Bezos is buying PillPack, an online pharmacy that dispenses prescription drugs

(Newser) - There's a reason shares of CVS, Walgreens, and Rite Aid were tumbling Thursday, and it can be summed up in one word: Amazon. The retailing behemoth made its first significant move into the pharmacy business by buying PillPack, an online company that ships medications to customers' homes, reports the... More »

CVS Is Going to Stop Airbrushing Beauty Ads

Unrealistic images are linked to negative health effects, company says

(Newser) - CVS, which gave up tobacco in 2014 , says it wants to get rid of another unhealthy thing in its stores by 2020: unrealistic images of women. The nation's largest drugstore chain says it is phasing out the use of airbrushed images of models in advertising for its beauty products... More »

Report: To Protect a Client and Itself, CVS to Buy Aetna

Deal is worth $69B, says source

(Newser) - CVS will buy insurance giant Aetna in a roughly $69 billion deal that will protect a key client—and possibly protect itself from Amazon—a person with knowledge of the matter said Sunday. CVS will pay about $207 in cash and stock for each share of Aetna, according to the... More »

CVS Takes 'Preemptive Strike' Against Amazon

It will offer same-day, next-day drug delivery

(Newser) - CVS customers will soon be able to get their prescriptions, along with other merchandise, delivered for free the next day—or even the same day in some cities. The move, announced Monday, will start in 2018, and USA Today reports it's likely a "preemptive strike" at Amazon, which... More »

Fearing Amazon, CVS Makes $66B Move

Pairing of an insurer with a pharmaceutical company 'makes a lot of sense' to some

(Newser) - It's more big news in the world of health insurance—and potentially for the wallets of consumers—though this time it doesn't revolve around the fate of ObamaCare. The Wall Street Journal reports that CVS has offered to buy giant insurer Aetna for $66 billion. Why? One big... More »

Cherokees Sue: CVS, Walmart 'Flooded' Them With Opioids

Cherokee Nation files complaint against 6 companies in tribal court over Okla. 'epidemic'

(Newser) - Native American communities experience some of the highest substance-abuse rates in the US: Babies are born addicted to prescription drugs due to exposure in utero, while Native American high school students take OxyContin at much higher rates than other teens, per NPR . Now the Cherokee Nation is fighting back in... More »

Pharmacist Credited With Saving Customer's Life

Mark Davey was having an allergic reaction when he rushed into a CVS

(Newser) - “I was scared," Mark Davey tells CBS Chicago . "I thought, 'This is how I go.'" The 57-year-old was eating lunch last month when his tongue started swelling up. Davey had never had an allergic reaction to food before, but he knew it was about... More »

CVS Makes Big Move in Fight Against Heroin Deaths

Stores in 14 states can now offer overdose-antidote drug naloxone without prescription

(Newser) - People in 14 states can now walk into a CVS and pick up an opioid-overdose antidote without a prescription, the company announced yesterday. Naloxone was already available in stores in Rhode Island and Massachusetts, but now Arkansas, California, Minnesota, Mississippi, Montana, New Jersey, North Dakota, Pennsylvania, South Carolina, Tennessee, Utah,... More »

How Tobacco-Free CVS Is Coping

Non-pharmacy sales dropped 8% in Q2

(Newser) - CVS banned cigarettes from its stores last fall and last month showed it's sticking to its anti-tobacco stance , believing it's the right thing to do. The company's sales say otherwise. Though CVS' prescription sales climbed 4% in the second quarter, sales outside the pharmacy fell by almost... More »

CVS Sticks to Its Anti-Tobacco Stance—Hard

It stubs out Chamber of Commerce membership

(Newser) - CVS kicked tobacco out of its stores last fall, and America's second-largest pharmacy chain is showing no signs of easing up on its anti-tobacco stance: It has stubbed out its relationship with the US Chamber of Commerce after a New York Times investigation found that the business group has... More »

CVS Opening Inside of Target

New stores will include CVS pharmacy; clinics to be rebranded

(Newser) - Target's pharmacy will be no more. CVS Health has announced a $1.9 billion acquisition deal that will see it take over more than 1,660 Target pharmacies across 47 states. CVS will also acquire Target's nearly 80 clinics, to be renamed for CVS' in-house MinuteClinic brand, Reuters... More »

Why a Crazy Amount of Drugs Just Flooded Baltimore's Streets

Enough drugs out there to keep city 'intoxicated for a year': commissioner

(Newser) - The unrest in Baltimore that took place in late April after the death of Freddie Gray veered into violence and looting , and some of the effects of that are just now being made clear. The Baltimore Sun reports "an extraordinary amount" of drugs were taken from 27 of the... More »

Ex-Cuba Prisoner, CVS Boss Among Michelle's Guests

President preps for State of the Union amid healthier poll numbers

(Newser) - President Obama goes into tomorrow's State of the Union address with some momentum : A Washington Post-ABC News poll finds his approval rating now stands at 50%, which is the highest since spring 2013; improving views on the economy are a big factor, the Post reports. Meanwhile, the White House... More »

2 Major Chains Dump Apple Pay

CVS-Rite Aid consortium reportedly working on own payment system for 2015

(Newser) - While buzz continues to build among consumers about Apple Pay , at least two retailers have already jumped ship: CVS and Rite Aid. But the drugstore chains didn't simply dump Apple Pay on a whim—they're part of MCX (short for Merchant Customer Exchange), a retailer consortium that's... More »

CVS Dumps Tobacco a Month Early

Chain changes name to CVS Health

(Newser) - The nation's second-largest pharmacy chain has kicked its tobacco-selling habit a month ahead of schedule, removing cigarettes and other tobacco products at all 7,700 CVS stores. The smokes were taken off the shelves at midnight and replaced with stop-smoking aids like nicotine gum, reports the AP , which notes... More »

Cops: Killer Heir Pees on Candy in Drug Store

Millionaire Robert Durst, 71, charged in Houston incident

(Newser) - Here’s something you don’t see every day—a multimillionaire peeing on a candy display in a CVS. That’s what Robert Durst is accused of doing Sunday in the upscale Texas shopping district Rice Village, KHOU reports. "He got his prescription, paid for it, exposed himself, urinated... More »

Lawsuit: CVS Blinded Me

Texas 65-year-old says chain gave him ear drops instead of eye drops

(Newser) - And now a story sure to fill you with confidence in your local pharmacist. A Houston-area man is suing CVS, claiming that a pharmacy screw-up blinded him in one eye. Claudis Alston, 65, went to the doctor in 2012 with a case of pink eye and got a prescription for... More »

Retailers Get Official Letter: 'Don't Sell Cigarettes'

Attorneys general urge major retailers to stop selling smokes

(Newser) - Five of America's major retailers received a letter yesterday urging them to do one thing: stop selling cigarettes. Written by a group of attorneys general, the letter asked Walmart, Kroger, Rite Aid, Safeway, and Walgreen to follow CVS's lead and pull tobacco products from the shelves entirely, NPR... More »

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