- CVS Health launches Transform Oncology Care, which includes a comprehensive, first-of-its-kind precision medicine approach to oncology management for payors in collaboration with Tempus.- Transform Oncology Care includes an innovative precision medicine strategy that increases access to broad-panel gene sequencing tests for patients diagnosed with certain advanced-stage cancers. - The program also uses CVS’ local footprint and unique assets to improve patient outcomes and lower costs every
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CVS Health to Invest $2.5M to Build Healthier Communities in Ohio
- CVS Health announced it will invest $2.5M over the next three years to build healthier communities across the state of Ohio.
- Investments will support key initiatives across Ohio including increasing access to healthcare, preventing prescription opioid misuse and supporting tobacco-free living for at-risk populations.
CVS Health, today announced it and its private charity will be donating more than $2.5 million in Ohio over the next three years to improve the health and
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Analysis: Impact of CVS, Walgreens, Walmart Retail Healthcare Expansion Strategies
- Recently, Walmart, CVS, and Walgreens have all announced their intent to invest in healthcare. Placer.ai, an advanced foot traffic analytics platform, analyzed their data to take the temperature of those efforts.- Walgreens experiences an even greater reliance on evening hour visits than CVS. Analyzing the period from January 2017 through August 2019, Walgreens saw 27.6% of visits come between the hours of 6 pm to 12 am. - The move into health services could provide a major boon for CVS,
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Through EHR Integration, CVS Specialty Launches Specialty Expedite to Streamline Prescription Onboarding
- CVS Specialty launches Specialty Expedite, a pharmacy solution that uses technology to significantly streamline the process and keep patients informed of the status of their prescription along the way.
- Streamlined prior authorization and benefits verification process using connectivity with EHR platforms, helping patients get their medications in as little as three days.
- Patients are also able to choose how they want to get their specialty medications – at their local CVS
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CVS Caremark’s Drug Hyperinflation Strategy Lowers Costs for Clients
In 2017, CVS Caremark established a hyperinflation drug removals program to help rein in skyrocketing pharmaceutical costs for its clients. This program reviews drug price inflation on a quarterly basis and removes drugs with especially big price tags with lower-priced, clinically equivalent alternatives.
CVS Caremark’s hyperinflation drug removal program was able to save clients more than $15 per 30-day supply, spending $88.30 on average (per 30-day supply) compared to $102.58 for those
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MyHealthTeams Lands $9.44M to Expand Social Networks for Chronic Condition Communities
MyHealthTeams Co-founders Eric Peacock and Mary Ray
MyHealthTeams, a San Francisco, CA-based creator of the largest and fastest-growing social networks for people facing chronic health conditions raised $9.44 million in a Series B financing round led by strategic investor UCB, a global biopharmaceutical company. This financing brings total investment in MyHealthTeams to $26.84M, building on the company's Seed and Series A1, A2 and A3 rounds. Existing investors including Adams Street Partners,
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Rite Aid’s New CEO, CommonSpirit Health Appoints First Chief Information and Digital Officer, Geisinger’s Chief Nursing Exec, Other Health IT Appointments
Rite Aid Corporation appoints Heyward Donigan as Chief Executive Officer (CEO) and a member of the Board, effective immediately. John Standley will step down from his role as chief executive officer. Prior to joining Rite Aid, Donigan served as the president and chief executive officer of Sapphire Digital (formerly Vitals), which designs and develops omnichannel platforms that help consumers choose their best-fit healthcare providers.
Since 2015, Donigan lead Sapphire Digital's strategy and
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CVS Uses Analytics to Expand Transform Diabetes Care Program
More than two years since its launch, pharmacy benefit manager (PBM) CVS Caremark’s Transform Diabetes Care program has helped PBM members better control their diabetes through a combination of highly personalized member support and coaching focused on improving medication adherence and better control of HbA1c. In fact, more than 50 percent of members with uncontrolled diabetes who enrolled in the program have moved to a controlled status and, on average, members have improved HbA1c by 1.2
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CVS Health Partners with Big Health to Help PBM Clients Manage Health and Wellness Benefit Solutions
CVS Health today announced
the availability of Vendor Benefit Management, a new service developed to help
CVS Caremark pharmacy benefit management (PBM) clients more easily contract,
implement and manage their choice of available and emerging third-party health
and wellness benefit solutions – both digital and non-digital. This new service
offers clients a seamless way to access negotiated pricing, standardized member
eligibility verification in real-time, simplified billing and
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CVS Health to Open 1,500 HealthHUB Locations By The End of 2021
CVS Health, today announced a significant expansion of HealthHUB locations at CVS Pharmacy stores across the country. Building on the success and customer response to its HealthHUB pilot in Houston, the company plans to open additional locations in Houston, Atlanta, Philadelphia, southern New Jersey and Tampa this year, and plans to have 1,500 HealthHUB locations operating by the end of 2021.Recent HealthHUB Pilot in HoustonFor the past six months, the company has been piloting three HealthHUB
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