What to expect after CVS changes drug pricing formula

(NEW YORK) -- CVS is the latest pharmacy to change its drug pricing formula, a move it said would increase transparency and simplify costs.The company will now base drug costs on the amount that it pays for a drug -- limiting the markup and... Read More.

CVS to lay off 5,000 employees in push to shed costs

(NEW YORK) -- CVS Health is laying off 5,000 employees as part of an effort to shed costs, the retail and pharmacy chain confirmed on Tuesday.The layoffs will primarily affect "non-customer facing positions" such as corporate roles, the company said, adding that it does... Read More.