CVS Exits Infusion Services, Plans to Close or Sell Pharmacies

Reported about 7 hours ago

CVS Health is discontinuing its core infusion services business, planning to close or sell 29 regional pharmacies. This decision was confirmed in a memo on October 8, impacting the provision of antibiotics and other infusion therapies. While the company will continue to offer specialty medications and tube feeding in select locations, workforce reductions have not been officially announced. This strategic shift comes amid financial pressures and aims to refocus the company's efforts as it faces a challenging healthcare market.

Source: YAHOO

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