Patients are protesting, bipartisan lawmakers are threatening regulation – and investors are selling their shares.
CVS
Posted inBusiness, Economy, Local
How will CVS layoffs affect Woonsocket?
As CVS employees await word on whether their jobs will be among the nearly 3,000 the Rhode Island-based company plans to eliminate, Woonsocket Mayor Christopher Beauchamp says the city should be able to weather the layoffs, though concerns remain for the future. CVS Health, which is headquartered in Woonsocket, said Monday that it plans to […]
Posted inBusiness, Health, Local, Stories
CVS, Walmart and Walgreens to pay Rhode Island more than $56 million in opioid settlements
Three national drugstore chains will pay Rhode Island more than $56 million as part of the state’s final round of legal settlements with companies accused of flooding communities with addictive opioid painkillers. The settlement money from CVS, Walmart and Walgreens is expected to begin flowing into Rhode Island in early 2024, and continue through 2037, […]
Posted inArticle, Health
In Apparent First, CVS Launches Program To Test All Its Vitamins And Supplements
Rhode Island-based retail pharmacy giant CVS is launching a program to require testing of all the vitamins and supplements it sells, aiming to make sure — and assure customers — that they contain what they say they do. “To our knowledge, this is the first time that any national retailer is requiring all vitamins and […]
Posted inArticle, Health
Federal Judge Will Hold Hearings On CVS-Aetna Merger
In a highly unusual move, the judge will allow testimony from witnesses who have objections to the Justice Department’s decision on the already-approved deal.
Posted inArticle, Health
CVS Seals Deal To Buy Insurer Aetna
CVS on Wednesday completed its nearly $70 billion purchase of health-insurer Aetna.