The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...

Rising prescription drug costs remain a top healthcare concern, with pharmacy benefit managers (PBMs) facing heightened scrutiny for their role in managing prescription drug benefits for insurers and ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the ...

CVS Health has secured a major healthcare deal, winning a multi-year pharmacy benefits contract with CalPERS, outbidding rival UnitedHealth. The deal marks a significant win for CVS's Caremark unit ...

Rhode Island-based CVS Health $CVS has grabbed a massive PBM contract from competitor UnitedHealth $UNH.

Now CalPERS will turn its attention to setting health insurance rates for 2017. The CalPERS board voted unanimously Wednesday to follow its staff’s recommendation to award a five-year contract to ...

NEW YORK >> More than half of large U.S. employers plan to scale back healthcare benefits next year as rising costs from ...

With Medco under investigation by law enforcement, the CalPERS board in March directed its staff to start talking with the runner-up, Caremark, a unit of CVS Caremark of Woonsocket, R.I., which ...

The California Public Employees’ Retirement System signed a $575 million-a-year contract with CVS Caremark Corp. to provide prescription drug benefits to 346,000 members. The contract, announced ...

CVS Health’s Caremark business signed a new pharmacy benefits contract with the California Public Employees’ Retirement ...