Reported about 16 hours ago
CVS Health, a major player in the U.S. healthcare landscape, is currently undergoing a strategic review to redefine its identity amid struggles in its retail pharmacy segment and pressures on its pharmacy benefit manager, Caremark. New CEO David Joyner is focused on becoming America’s most trusted healthcare company while addressing profitability concerns, particularly regarding its Aetna insurance plans, which have been unprofitable. Additionally, CVS is making key decisions, such as choosing specific weight-loss drugs for its formulary and exiting the Affordable Care Act marketplace for the second time due to unprofitability.
Source: YAHOO