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CVS, Lynch
Behind CVS CEO’s ouster, a question: Do a pharmacy and a health insurer make sense together?
That has been the existential question for CVS Health for six years, since its $70 billion acquisition of the massive insurer Aetna. The biggest pharmacy chain in the U.S. had already been moving beyond retail since its 2007 deal for pharmacy benefit manager Caremark.
CVS Health CEO Lynch steps down as the drugstore chain struggles to right its path
CVS Health CEO Karen Lynch has stepped down, with company shares sinking 19% this year. CVS Health also warned of disappointing third-quarter earnings.
Events leading up to CVS Health CEO Lynch's departure
CVS Health CEO Karen Lynch is stepping down after nearly four years at the helm, as the healthcare conglomerate faces shareholder pressure to improve its business performance.
CVS, California
CVS workers strike at 7 California locations seeking better pay, health care
Workers at seven CVS pharmacies in California are now on strike, seeking better pay and health care, as the stores remain open and staffed by managers and nonunion employees.
Striking CVS pharmacy workers plan to picket at 7 stores in LA, Orange County
CVS pharmacy clerks and technicians are entering their fourth day of a strike Monday after walking off the job and onto picket lines at four locations in Los Angeles and another three in Orange County as their union pushes for a new contract and alleges unlawful labor practices.
CVS workers across 7 pharmacies in Calif. strike, demanding better pay, healthcare
Employees of seven CVS pharmacies in Southern California went on strike to demand better pay and health care — the latest sign of turmoil at the company whose CEO recently resigned amid store closures and a plummeting stock.
3d
on MSN
CVS Health CEO Karen Lynch steps down, replaced by David Joyner, after 19% stock plunge
CVS Health CEO Karen Lynch has stepped down and is being replaced by David Joyner amid struggles with rising costs.
14h
Can the new CVS CEO handle the Aetna challenge?
As CVS Health's new CEO David Joyner steps into the top job after Karen Lynch's quick departure on Friday, Wall Street ...
2d
on MSN
CVS workers strike at 7 Southern California stores for better pay and health care
Workers at seven CVS pharmacies in Southern California have gone on strike for better pay and health care and to protest what ...
18h
CVS Health Preannounces Large Earnings Miss, But Analysts Stay Bullish On Long-Term Recovery
While rates, risk adjustment and the IRA are exerting pressure on Medicare Advantage, CVS Health has some "self-induced" ...
19h
CVS needs ‘realistic targets’ it can exceed says analyst after CEO dismissal
As the new CEO at CVS, Joyner’s strategic partner will be CFO Tom Cowhey, who was promoted to the role in January after ...
STAT
16h
A telling chart shows how health insurers found a way to boost profits by limiting care for seniors
The emails from inside a physician practice owned by UnitedHealth Group sounded cheery, but were all business.
18h
CVS Health: Hold Rating Amid Health Care Benefits Segment Challenges and Future Prospects
CVS Health (CVS – Research Report), the Healthcare sector company, was revisited by a Wall Street analyst yesterday. Analyst Michael ...
1d
As more CVS/Aetna layoffs loom, some CT lawmakers want more info from company
CVS Health plans to lay off more than 400 employees connected to its offices in Hartford. But it has declined to disclose how ...
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Karen Lynch
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