The volatile consumer healthcare sector showed up big in CVS’ Q1 earnings Wednesday (May 1), with solid revenue from its store operations but a warning about revenue projections due to its foray into the insurance sector. By the numbers, CVS Health reported first-quarter revenues of approximately $88...
Healthcare technology firm Convey Health Solutions has named a new chief executive. Dan Finke, who most recently served as executive vice president of CVS Health and president of Aetna, was appointed Monday (Jan. 29) to head Florida-based Convey. He succeeds Stephen Farrell, who is leaving the company after more than a...
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 proliferation of multiple loyalty programs can complicate the consumer experience and pose challenges for both...
CVS Health is warning that its fourth-quarter medical costs may be higher than anticipated. The pharmacy and health insurance company’s finance chief said at a conference Monday (Jan. 8) that CVS’ medical expenses as a proportion of premiums could exceed the company’s goal for the...
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 proliferation of multiple loyalty programs can complicate the consumer experience and pose challenges for both customers and retailers. CVS Pharmacy, the retail division of CVS Health, […]
May 16, 2024
CVS Pharmacy, the retail division of CVS Health, launched a new store brand for snacks, beverages and groceries. The new Well Market brand features nutrition options, bold flavors, recyclable packaging and selections that meet specific dietary needs, the company said in a Thursday (May 16) press release. Forty products were made available on store shelves and CVS.com Thursday, and more will be rolled […]
January 29, 2024
Healthcare technology firm Convey Health Solutions has named a new chief executive. Dan Finke, who most recently served as executive vice president of CVS Health and president of Aetna, was appointed Monday (Jan. 29) to...
January 08, 2024
CVS Health is warning that its fourth-quarter medical costs may be higher than anticipated. The pharmacy and health insurance company’s finance chief said at a conference Monday (Jan. 8) that...
January 04, 2024
CVS Pharmacy, the retail division of CVS Health, simplified its loyalty program by consolidating it into one membership with two tiers. With both tiers of the ExtraCare program, CVS Pharmacy...
