Tag: CVS Health

CINCINNATI – Quipt Home Medical has executed a non-binding letter of intent to acquire an “arm’s length” private respiratory care company servicing seven states throughout the U.S. reporting unaudited trailing 12-month annual revenues of about $14 million, $1 million in net income and positive adjusted EBITDA.  The acquisition adds a new vertical in long-term care settings, four new states and 165 remote respiratory therapists.  “We continue to strategically...

WOONSOCKET, R.I. – CVS Health plans to focus on three distinct store models, including an enhanced version of HealthHUB locations with products and services designed for everyday health and wellness needs, as part of a new omnichannel pharmacy strategy.  It will also focus on stores offering primary care services, and traditional stores providing prescription services and health, wellness, personal care and other convenient retail offerings.  Additionally, as part of the strategy...

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...

YARMOUTH, Maine - If a planned merger between CVS Health and Aetna goes through, community pharmacists say it could flatten the industry.“It's going to have a terrible negative impact on privately-owned pharmacies,” said Steve Nelson, CEO and president of Okeechobee Discount Drugs in Okeechobee, Fla. “They've got a pharmacy benefit manager (CVS CareMark) and now an insurance company. They'll be in direct competition with physicians, they'll sell you policies, you'll see their clinicians—there's...