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CVS Health Corp

In brief: Bid bill to drop this week, House committee launches inquiry into prosthetic changes


The “Patient Access to Durable Medical Equipment Act of 2016” will join a bill already introduced in the Senate that also seeks to push back the date of the cuts, which will usher in reimbursement based 100% on the competitive bidding program, from July 1, 2016, to Oct.

CVS nabs Omnicare for $12.7 billion


WOONSOCKET, R.I., and CINCINNATI– CVS Health Corp today announced plans to acquire Cincinnati-based Omnicare for $12.7 billion in cash. The deal includes $2.3 billion of the pharmacy provider’s debt.