Oak Street Health, a wholly-owned subsidiary of CVS Health since 2023, has agreed to pay $60 million to resolve allegations that it violated the False Claims Act (FCA) by paying kickbacks to third ...

CVS' health services division processed 484.1 million pharmacy claims during the quarter, down from 579.6 million during the ...

The PBM segment is also under scrutiny following a lawsuit filed by the Federal Trade Commission (FTC) against CVS Caremark. The FTC alleges that CVS Caremark, along with its competitors ...

The lawsuit – which has been anticipated since the FTC published a damning report on the PBM sector in July – names CVS Health's Caremark, UnitedHealth Group's Optum, and Cigna's Express ...

Well, whatever you do, have a grand time. But be safe. Enjoy, and see you soon. … CVS Health is naming longtime executive David Joyner as its new chief, succeeding Karen Lynch at the helm of ...

Its pharmacy benefit unit also faces challenges, with the FTC scrutinizing CVS Caremark over alleged insulin price inflation. CVS said it plans to update investors on its third quarter earnings ...

CVS Health shares fell below $58 during premarket ... The three firms—which the FTC says manages about 80% of prescriptions in the U.S.—have created a “perverse” drug rebate system that ...

Your local CVS may be closing its doors for good. The drugstore chain is in the process of shuttering "roughly 300" locations across the country in 2024, a spokesperson confirmed to "Good ...

The FTC first took action in 2020 against Credit Karma, the credit-monitoring and finance app acquired in 2020 by financial software giant Intuit. The FTC accused the service of misleading ...

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

The new voicemail that was added 4-6 weeks back is totally unacceptable and CVS should be embarrassed of themselves. It’s a horrendous disease that came in and negatively infected the system ...