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BCBS plans from 6 states sue CVS for fraud, alleging they inflated generic drug prices
CVS and Express Scripts use secretive private companies with high fees to run their drug copay maximizer programs
New York partners with CVS to double state's testing capacity; Adding testing to 60+ pharmacies in the state
CVS plans to open 1,000 'Self-Swab' coronavirus test locations by end of May; Targeting processing 1.5M tests per month
Brick & mortar pharmacies seeing 20%+ uptick in mail-order business, while some delivery-only pharmacy startups are seeing 5x as many new customers during pandemic
Analysis: Strategic differences have led CVS deeper into healthcare, while Walgreens has focused on enriching their core retail business. Both companies are being tested by the pandemic.
CVS reports 600% surge in telehealth visits via MinuteClinic, 1,000% increase in prescription home delivery
CVS Health beats analyst expectations, sees 41% boost in Q1 profits YOY on 7.7% revenue growth; Affirms 2020 earnings guidance