Cvs Health news and trends

CVS Health Subsidiary Omnicare Files for Bankruptcy After Civil Lawsuit Judgment

September 22, 2025
CVS Health to Invest $20 Billion to Build ‘Tech-Enabled Consumer Health Experience’
Healthcare // June 03, 2025

CVS Health reportedly plans to invest $20 billion over the next 10 years to build a “tech-enabled consumer health experience” that will encompass the company, its vertically integrated businesses, and other companies, including competitors, who want to join. The project planned by CVS aims to...

CVS Unveils AI-Powered App in New Digital-First Strategy
Healthcare // February 12, 2025

Digital personalization in the healthcare industry is critical to elevate the customer experience. In keeping with that theme, CVS Health CEO David Joyner identified advancing digital strategies as one of four priorities for 2025 during the company’s fourth-quarter earnings call Wednesday (Feb. 12). The newly...

CVS CEO: ‘Lots of Headwinds in This Market’
Earnings // November 06, 2024

CVS Health’s third-quarter earnings results released Wednesday (Nov. 6) reflected the company’s ongoing efforts to adapt to a changing healthcare and retail environment. As it continued to overhaul its operations in response to shifting market dynamics, including the digital transformation of healthcare, CVS faced challenges...

CVS Replaces CEO With Caremark President David Joyner
Personnel // October 18, 2024

CVS has replaced CEO Karen Lynch as it struggles to repair its healthcare business. David Joyner, president of the company’s pharmacy benefit management unit Caremark, has been appointed as the new chief executive, CVS announced Friday (Oct. 18). “The board believes this is the right time to make a change,...

Interviews & Exclusives
CVS Unveils AI-Powered App in New Digital-First Strategy

February 12, 2025
Digital personalization in the healthcare industry is critical to elevate the customer experience. In keeping with that theme, CVS Health CEO David Joyner identified advancing digital strategies as one of four priorities for 2025 during the company’s fourth-quarter earnings call Wednesday (Feb. 12). The newly redesigned CVS Health app will help “drive simplicity and efficiency […]

CVS CEO: ‘Lots of Headwinds in This Market’

November 06, 2024
CVS Health’s third-quarter earnings results released Wednesday (Nov. 6) reflected the company’s ongoing efforts to adapt to a changing healthcare and retail environment. As it continued to overhaul its operations...

CVS Loyalty Chief Says Program Overhaul Driven by Consumer Desire to Keep It Simple

January 22, 2024
Loyalty programs have become a ubiquitous part of the retail landscape, offering consumers enticing rewards and incentives for sticking with their favorite brands. However, as retailers expand their offerings, the...

Quick Reads
CVS Health Subsidiary Omnicare Files for Bankruptcy After Civil Lawsuit Judgment

September 22, 2025
Omnicare, a CVS Health subsidiary that provides pharmacy services to skilled nursing facilities, independent and assisted living communities and other segments of the long-term care market, filed for bankruptcy Monday (Sept. 22). The company said in a press release that it attributed the move to recent litigation and added that it will also use this […]

CVS Health to Invest $20 Billion to Build ‘Tech-Enabled Consumer Health Experience’

June 03, 2025
CVS Health reportedly plans to invest $20 billion over the next 10 years to build a “tech-enabled consumer health experience” that will encompass the company, its vertically integrated businesses, and...

CVS Replaces CEO With Caremark President David Joyner

October 18, 2024
CVS has replaced CEO Karen Lynch as it struggles to repair its healthcare business. David Joyner, president of the company’s pharmacy benefit management unit Caremark, has been appointed as the new chief executive,...

CVS Cuts 2,900 Corporate Jobs Amid Hedge Fund Pressure

September 30, 2024
CVS Health is reportedly meeting with a top investor on ways to enhance its business. The pharmacy/healthcare chain was set to meet Monday (Sept. 30) with hedge fund Glenview Capital...