The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...

Rising prescription drug costs remain a top healthcare concern, with pharmacy benefit managers (PBMs) facing heightened scrutiny for their role in managing prescription drug benefits for insurers and ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the ...

CVS Health has secured a major healthcare deal, winning a multi-year pharmacy benefits contract with CalPERS, outbidding rival UnitedHealth. The deal marks a significant win for CVS's Caremark unit ...

Rhode Island-based CVS Health $CVS has grabbed a massive PBM contract from competitor UnitedHealth $UNH.

More than half of large U.S. employers plan to scale back healthcare benefits next year as rising costs from weight-loss and ...

Calpers Chief Investment Officer Nicole Musicco has made a push for the $449 billion pension fund to invest directly in companies and bypass private equity giants.

CVS Health’s Caremark business signed a new pharmacy benefits contract with the California Public Employees’ Retirement ...