Tag: CVS
Coram downsizes in NY
August 2, 2022HME News Staff
ALBANY, N.Y. – Coram, a subsidiary of CVS, is closing its office in Colonie, N.Y., according to the Times Union. The company has notified the state Department of Labor that it will close the office in September, resulting in the loss of 70 jobs. A spokeswoman told the newspaper that Coram has decided to scale back its services to focus on specialty medications. "We regularly review operations to focus resources as efficiently as possible and pivot when necessary to invest in health care services...
CVS rolls out more HealthHUBs
January 23, 2020HME News Staff
TAMPA, Fla. - CVS has debuted HealthHUBs in nine CVS locations in the greater Tampa area, the company announced Jan. 21. The company now has 53 HealthHUB locations in five states: Florida, Georgia, New Jersey, Pennsylvania and Texas, and plans to bring the format, which offers a greater selection of health and wellness products, to 17 states in the first part of 2020. Last week, CVS announced it had added 15 HealthHUBs in the Houston area.
CVS doubles down on HealthHubs
June 4, 2019HME News Staff
WOONSOCKET, R.I. - CVS Health will open additional HealthHUBs in Houston this year, as well as in Atlanta, Philadelphia/Southern New Jersey and Tampa, the company announced as part of its 2019 Investor Day on June 4.CVS Health plans to have a total of 1,500 HealthHUBs operating by the end of 2021.“HealthHUBs are a powerful example of how CVS Health can provide consumers with convenient, personalized and integrated access to local health care,” the company stated.CVS began piloting HealthHUBs...
CVS and CPAP: HME providers are bullish—on themselves
March 22, 2019Liz Beaulieu, Editor
YARMOUTH, Maine - Seventy percent of HME providers expect their customers to stay loyal to them, despite CVS offering CPAP masks in its HealthHub concept stores.Two big reasons why: Their expertise, including registered respiratory therapists on staff, and their customer service.“Our RTs and their assistants really take the time with each and every patient to ensure their masks get fitted properly, that they understand the importance of their therapy and that they understand how to use their...
CVS HealthHUBs won't change HME market, providers say
March 15, 2019Theresa Flaherty, Managing Editor
YARMOUTH, Maine - CVS's plans to push further into the HME market don't faze providers, who say they've seen what happens when other outside companies try to muscle in.“I don't see it as a lot of competition for brick-and-mortar DMEs,” said Mike Kuller, owner of Allstar Medical Supply in Walnut Creek, Calif. “It's an interesting concept, but in terms of having an impact on us or healthcare as a whole, it's kind of a drop in the bucket.”In February, CVS announced it would pilot...
Deja vu
March 11, 2019Liz Beaulieu, Editor
It certainly caught the attention of HME providers when CVS announced that CPAP masks would be among the products offered in three new HealthHub concept stores in the Houston area.
In a CNBC story online, there was even a picture of the CPAP masks featured in the stores, namely the ResMed AirFit series.
From what I can tell, providers have a steely resolve in the face of the announcement. Providers are still the ones providing CPAP devices and, therefore, they're the ones with established relationships...
CVS debuts expanded healthcare concept stores
February 13, 2019HME News Staff
HOUSTON - CVS is debuting three HealthHUB locations in Houston as it seeks to shift more floor space from retail goods to healthcare services, according to an article in USA Today. The HealthHUB locations will include additional space for CVS MinuteClinic nurse practitioners, now capable of additional services like phlebotomy, diabetic screening and sleep apnea assessment. The move comes in the wake of a $69 billion merger between CVS and Aetna. "By bringing those services to help them better manage...
Ritzman Pharmacies sells to CVS
January 8, 2019HME News Staff
MEDINA, Ohio - Ritzman Pharmacies will sell its 20 retail pharmacies serving primarily northeast Ohio to CVS Pharmacy, The Associated Press reports. CVS Pharmacy plans to operate in the same locations with the same staff in Ritzman's Akron and Berlin stores, and close the remaining stores and transfer all files to nearby CVS Pharmacy stores, according to the AP. Ritzman will continue to manage Summa's Home Infusion through a managing company called VAR. Eric Graf, president and CEO of Ritzman,...
ProMedica sells pharmacies to CVS, retains HME biz
September 13, 2017HME News Staff
TOLEDO, Ohio - ProMedica has sold five of its pharmacy locations in Toledo and Sylvania, Ohio, to CVS Pharmacy, according to local news reports. CVS plans to close the pharmacies and transfer all files to nearby CVS pharmacies; however, it expects to hire many of ProMedica's current employees at the pharmacies. ProMedica will retain ownership of its other outpatient pharmacies at Toledo Hospital, Monroe Hospital and Fostoria Hospital. It will also continue to operate its specialty, adherence...
CVS touts infusion care at home
May 6, 2016HME News Staff
WOONSOCKET, R.I. - Home infusion care is safe and clinically effective, and improves quality of life, all the while reducing costs, according to a new study by CVS Health Research Institute that has been published in Healthcare: The Journal of Delivery Science and Innovation. “As the U.S. healthcare payment system shifts from volume to value, we are focused on identifying new approaches to health service delivery that provide better care and improve patient outcomes, while lowering costs,”...