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Retail Changes

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"CVS CEO Promotes Primary Care Expansion Post-Acquisitions"
healthcare-business2 years ago

"CVS CEO Promotes Primary Care Expansion Post-Acquisitions"

CVS CEO Karen Lynch discussed the company's expansion into primary care, highlighting recent acquisitions of Signify and Oak Street Health. Lynch emphasized the importance of primary care as a cornerstone of CVS's health services, particularly for seniors, and mentioned plans to close 900 stores and remove self-checkout from some locations. She also touched on efforts to drive competition and lower costs through Caremark, the company's subsidiary managing prescription drug benefits for health insurers.