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Last updated on April 18, 2014 at 6:20 EDT

Latest CVS Caremark Stories

2014-04-10 12:27:23

Increase driven by rising drug prices, increasing utilization and the continued impact of specialty medications WOONSOCKET, R.I., April 10, 2013 /PRNewswire/ -- CVS Caremark (NYSE: CVS) today released its annual Insights report, which reviews drug trend and highlights key issues in pharmacy care. In 2013, prescription drug trend grew 3.8 percent compared to nearly flat growth (0.1 percent) in 2012. This growth was driven by significant price inflation for traditional brand drugs, specialty...

2014-04-09 16:25:52

Online Developmental Screening to Help Make the Early Years Count CHICAGO, April 9, 2014 /PRNewswire-USNewswire/ -- The Week of the Young Child, sponsored by the National Association for the Education of Young Children (NAEYC), aims to focus public attention on the needs of young children and their families and to recognize organizations like Easter Seals that help to meet those needs. In addition to providing services for kids with disabilities, developmental delays and autism,...

2014-04-09 08:29:06

Milliman report shows potential average savings of up to 19 percent by transitioning specialty medications from the medical to the pharmacy benefit WOONSOCKET, R.I., April 9, 2014 /PRNewswire/ -- Specialty medications present a challenge for payers as costs for these expensive drugs consume an increasing portion of overall health care spending. In fact, specialty pharmacy spend is expected to rise from $92 billion in 2012 to $235 billion by 2018. According to a new Milliman report...

2014-04-08 12:32:55

Settlement entered into on a "no admit or deny basis" WOONSOCKET, R.I., April 8, 2014 /PRNewswire/ -- CVS Caremark Corporation (NYSE: CVS) announced today that it has finalized with the Securities and Exchange Commission (SEC) a settlement previously announced on August 2, 2013. The settlement was entered into on a "no admit or deny basis" and will not require CVS Caremark to restate its earnings for any reporting period. This matter is now fully resolved for the Company and...

2014-04-04 23:30:12

The suit alleges that Caremark uniformly misclassified Coding Consultants as “exempt” from receiving overtime pay under the FLSA. Phoenix, AZ (PRWEB) April 03, 2014 On March 31, 2014, an employee of Caremark, L.L.C. (“Caremark”), a subsidiary of CVS Caremark, filed a collective action lawsuit in Arizona federal court on behalf of herself and all other similarly situated current and former employees seeking unpaid overtime wages and liquidated damages under the Fair Labor Standards...

2014-04-03 08:31:06

Nearly 70 grants are awarded to Free and Charitable Clinics, School-Based Health Centers and Community Health Centers as part of a $5 million, multi-year initiative WOONSOCKET, R.I., April 3, 2014 /PRNewswire/ -- The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark Corporation (NYSE: CVS), today announced the recipients of nearly 70 grants awarded to free and charitable clinics, school-based health centers (SBHCs) and community health centers as part of a $5 million...

2014-04-03 08:30:48

GAINESVILLE, Ga., April 3, 2014 /PRNewswire-USNewswire/ -- ProCare Rx announces the promotions of two key executives. Michael Rose has been promoted to the newly created position of Chief Pharmacy Officer. Steve Treff has been promoted to President and Chief Operating Officer. These new assignments have been made in response to the company's rapid growth and to promote future expansion. "Mike and Steve are two dynamic leaders with over 55 years' combined experience in the pharmacy...

2014-03-26 08:29:27

Will continue to provide FEP's retail PBM services, mail service pharmacy, specialty pharmacy and clinical programs WOONSOCKET, R.I., March 26, 2014 /PRNewswire/ -- CVS Caremark Corporation (NYSE: CVS) today announced that it has been awarded a three-year contract to provide integrated pharmacy benefit services for the Blue Cross and Blue Shield Government-wide Service Benefit Plan, also known as the Federal Employee Program (FEP). The Company will continue to provide retail pharmacy...

2014-03-25 08:31:36

Veterans Advantage Members Now Enjoy 20% off all Purchases and Free Shipping for Online Orders WOONSOCKET, R.I., March 25, 2014 /PRNewswire/-- CVS/pharmacy® and Veterans Advantage Inc. today announced an exclusive new 20% discount program both in-store and online for Veterans Advantage's VetRewards Card members. Valid at any of CVS/pharmacy's 7,600 stores nationwide, or at CVS.com, U.S. Active Duty Military, Veterans, National Guard & Reserve and their families can save 20% off...

2014-03-24 08:28:36

Editor Note: For more information about this release, please scroll to bottom. NEW YORK, March 24, 2014 /PRNewswire/ -- Today, Analysts Review released its analysts' notes regarding CVS Caremark Corporation (NYSE: CVS), Teva Pharmaceutical Industries Ltd. (NYSE: TEVA), Zoetis, Inc. (NYSE: ZTS), McKesson Corporation (NYSE: MCK), and Mylan, Inc. (NASDAQ: MYL). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings...