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Larry Merlo

News
COVID-19: Distribution At Nursing Homes First Step To Getting Vaccines To Pharmacies, CVS Says COVID-19: Distribution At Nursing Homes First Step To Getting Vaccines To Pharmacies, CVS Says
Covid-19: Distribution At Nursing Homes First Step To Getting Vaccines To Pharmacies, CVS Says CVS and other major pharmacies have launched the company’s COVID-19 vaccination program, which will begin at long-term health care facilities where the population is at the highest risk to contract the virus and potentially die. The company announced that its teams will begin administering the first dose of COVID-19 vaccines produced by Pfizer across 40,000 facilities in 12 states as soon as this week. Walgreens and other pharmacies are also involved in the federal nursing home vaccination program. Related story - COVID-19: Cuomo Calls On Airlines To Do Pre-Flight Testing From UK Due…

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by Zak Failla
News
COVID-19 Drive-Through Test Sites Opening At 12 Connecticut Pharmacies COVID-19 Drive-Through Test Sites Opening At 12 Connecticut Pharmacies
Covid-19 Drive-Through Test Sites Opening At 12 Connecticut Pharmacies A dozen new novel coronavirus (COVID-19) testing facilities are opening up at Connecticut CVS locations as the state begins plans to slowly reopen the economy next week. On Friday, May 15, CVS will open the 12 new drive-through COVID-19 test sites throughout Connecticut that will utilize self-swab tests that “mark the next phase of the company’s strategy” in combating the spread of the virus. CVS announced it plans to reach 1,000 test sites by the end of May, the company stated. “While the large-scale test sites we’ve been operating since early April have proven successful, this new approa…

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by Zak Failla
Business
COVID-19: CVS Health To Provide Bonuses, Add Benefits, Hire 50K In Response To Pandemic COVID-19: CVS Health To Provide Bonuses, Add Benefits, Hire 50K In Response To Pandemic
Covid-19: CVS Health To Provide Bonuses, Add Benefits, Hire 50K In Response To Pandemic CVS Health is offering incentives to current employees and plans to bolster its workforce by 50,000 to combat the spread of the novel coronavirus. Employees at CVS locations across the country will receive bonuses between $150 and $500 for those who assist patients and customers “in this time of unprecedented need.” The bonuses have been earmarked for pharmacists and certain other health care professionals on the frontlines, store associates and managers, and other site-based hourly employees. Additionally, CVS announced it is “embarking on the most ambitious hiring drive in the company's…

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by Zak Failla
Business
Newly Wrapped Up CVS Acquisition Of Aetna Could Change Game In Health Care Newly Wrapped Up CVS Acquisition Of Aetna Could Change Game In Health Care
Newly Wrapped Up CVS Acquisition Of Aetna Could Change Game In Health Care CVS Health is ready to close on a deal with Aetna Inc. health insurer that could open new doors for prescription delivery services, according to Supermarket News. CVS announced the value of the transaction to total $78 billion on Wednesday, Nov. 28, which includes $70 billion to purchase Aetna and the remainder to cover existing debts. While the Aetna brand will still be used for health insurance products, the companies’ combined shares will be listed under the ‘CVS’ symbol on the NYSE. Aetna, based in Hartford, will run as a separate business under CVS Health. “Today marks the start of a …

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by Valerie Musson