Man Fatally Stabbed at Long Island CVS on Christmas Day
A man was fatally stabbed at a CVS in Lindenhurst on Christmas, leading to the arrest of John Pilaccio, who is charged with second-degree murder; the incident remains under investigation.
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CVS Surpasses Earnings Expectations Despite Health-Services Losses
CVS Health exceeded earnings estimates and raised its full-year guidance driven by improvements in its insurance segment and strong performance across all business units, despite posting a net loss due to a goodwill impairment charge. The company's strategic adjustments and growth in pharmacy, insurance, and health services have contributed to its positive outlook and an 85% stock increase for the year.
CVS Acquires 63 Rite Aid Stores Amid Consumer Preference for Personalized Care
CVS Pharmacy has completed the purchase of 63 former Rite Aid stores across Idaho, Oregon, and Washington, along with the prescription files of 626 pharmacies, transitioning nine million customers and hiring over 3,500 former Rite Aid and Bartell Drugs employees, as Rite Aid filed for Chapter 11 bankruptcy and closed all its stores.
Oregon Faces Challenges in COVID Vaccine Access and Policy Clarity
CVS has reversed its decision to offer COVID-19 vaccines without prescriptions in Oregon, citing recent federal guidance that restricts vaccine access to certain groups, and is now requiring prescriptions for vaccination appointments amid ongoing regulatory uncertainty.
COVID Vaccine Access Changes at CVS and Walgreens in Colorado
CVS and Walgreens are restricting COVID vaccine access in Colorado and other states due to new federal policies and regulatory challenges, requiring prescriptions for certain age groups and conditions, amidst ongoing confusion and internal turmoil within the CDC and federal health agencies.
COVID Vaccine Access Changes at CVS and Walgreens Amid State Guidelines
CVS and Walgreens are limiting access to COVID-19 vaccines in some states due to varying state regulations, with CVS not offering vaccines in Massachusetts, Nevada, and New Mexico without a prescription, and Walgreens preparing to offer vaccines where permitted following recent FDA approvals. These changes reflect ongoing adjustments to vaccination policies amid evolving federal and state guidelines.
CVS and Pharmacies Tighten COVID Vaccine Access Amid New Restrictions
New Yorkers seeking the updated COVID-19 vaccine at CVS will need a prescription, as federal health officials no longer recommend the vaccine for everyone over 6 months old without consultation. CVS will administer the vaccine in 14 states, including New York, until a federal advisory panel makes further recommendations next month. The FDA has authorized new vaccines for those 65 and older and individuals with certain health conditions, but broader recommendations are pending, with potential impacts from recent CDC leadership changes.
CVS and Walgreens Adjust COVID Vaccine Policies Across States
CVS is offering COVID vaccines in 34 states without a prescription, in 13 states with prescriber authorization, and has completely stopped in 3 states, following recent regulatory changes and RFK Jr.'s announcement that rescinded emergency use authorizations, leading to confusion and restrictions on vaccine access across the U.S.
CVS and Walgreens Limit COVID-19 Vaccine Access in Several States
CVS will not offer COVID-19 vaccines in 16 states, including Pennsylvania, due to current regulatory issues, although they can still administer vaccines in some states depending on local laws and patient eligibility. The decision is based on the regulatory environment, with some states allowing pharmacists to vaccinate under certain conditions. CVS continues to offer vaccines in many other states, with appointments available online or in person.
Pharmacies in Colorado and Maine Now Require Prescriptions for COVID Vaccines
In Colorado, CVS and Walgreens now require a prescription for COVID-19 vaccines this fall, due to changes in state law and the lack of a recent recommendation from the CDC's advisory committee, which affects insurance coverage and vaccine availability for certain groups.
CVS Delays Covid Vaccine Rollout in 16 States
CVS is withholding Covid vaccines in 16 states due to the lack of a recommendation from the CDC's advisory panel, highlighting regulatory challenges and potential impacts on vaccine access amid rising infections.
CVS Ordered to Pay Nearly $290M in Whistleblower Lawsuit
A federal judge ordered CVS Health's pharmacy benefit manager unit to pay nearly $290 million in damages and penalties for overcharging Medicare for prescription drugs, citing fraudulent billing practices motivated by financial gain. CVS plans to appeal the decision, which stems from allegations that CVS Caremark inflated claims submitted to Medicare since 2010, damaging public trust and violating the False Claims Act.
CVS Shares Surge on Strong Q2 Earnings and Upgraded Outlook
CVS Health exceeded earnings and revenue expectations in Q2, driven by strong performance in its retail pharmacy and insurance units, leading to an increased outlook for 2025, despite challenges in its health services segment and ongoing cost-cutting efforts.
Louisiana sues CVS over deceptive text message practices
Louisiana has filed lawsuits against CVS accusing the pharmacy giant of deceptive practices, market manipulation, and unfair pricing, following allegations of misuse of customer information and anti-competitive behavior, with CVS denying wrongdoing.
CVS to Close 271 Stores Nationwide in 2025
CVS is closing 271 stores across 18 states in 2025 as part of a restructuring plan to streamline operations and adapt to shifting consumer trends, following the closure of 900 stores between 2022 and 2024.