News

In this edition of The National Observer, we look at why pharmacy chains are closing — and what it means for areas that'll ...
Goldman Sachs stock rises 20% YTD, outpacing the S&P 500. Analysts suggest holding GS due to its high momentum but caution on ...
CVS Health has secured a major healthcare deal, winning a multi-year pharmacy benefits contract with CalPERS, outbidding rival UnitedHealth. The deal marks a significant win for CVS's Caremark unit ...
The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...
Calpers is switching to CVS from OptumRx, which is part of UnitedHealth Group. The California pension fund said it chose CVS Caremark because it offered more affordable benefits than other vendors.
CVS Health’s Caremark business signed a new pharmacy benefits contract with the California Public Employees’ Retirement ...
The five-year contract includes new financial terms with CVS and provides outpatient drug benefits for about 587,000 members, Calpers said Tuesday. That represents about 40% of Calpers's 1.5 million ...
A federal judge has ordered long-term care pharmacy company Omnicare to pay almost $949 million in damages and penalties after a jury in April found the company liable for fraudulently dispensing ...
CVS Health plans to appeal after a judge in the Southern District of New York ordered its Omnicare unit to pay more than $948 million in penalties and damages related to invalid prescriptions.
A recent ruling in a groundbreaking case against CVS's Omnicare unit reveals systemic corruption in corporate pharmacy practices that exploit vulnerable patients while burdening taxpayers. A federal ...
The lawsuit was filed under the False Claims Act, which helps the government combat fraud and requires tripling of damages, ...
A federal judge ruled CVS Health must pay nearly $950 million over claims its Omnicare unit submitted false prescriptions to ...