Tag Archives: CVS

Blink Health Strengthens Leadership Team to Remain Online Drug Discount Leader

Consumer use of drug discount programs has shown rapid growth since launch, led by companies such as GoodRx and Blink Health for uninsured or patients considered underinsured. Blink Health works to makes prescriptions affordable for everyone with the guaranteed lowest prices on nearly all generic medications commonly prescribed. As the first e-commerce service of its […]

CVS Pharmacy Initiatives Strengthen the Company’s Market Position

CVS Pharmacy Initiatives Strengthen the Company’s Market Position

UnitedHealth Group Building Pharmacy Business Through OptumRx

OptumRx acquired two pharmaceutical companies in the third quarter of 2018: Genoa Healthcare and Avella Specialty Pharmacy. Listen closely and you can hear Amazon’s footprints as the reason for these acquisitions. Amazon’s recent acquisition of PillPack has accelerated merger and consolidation activities among insurers and pharmacies. UnitedHealth Group is following the strategy seen earlier this year […]

Why CVS Recent Deals Change the Specialty Landscape

Why CVS Recent Deals Change the Specialty Landscape – Following a similar path as in the late 1990’s with long term care pharmacy, specialty pharmacy has matured enough to undergo consolidation and roll-up into larger healthcare entities. Specialty represents a small distribution volume in the retail pharmacy space but also results in the greatest profit […]

CVS Health Acquires Omnicare

CVS Health Acquires Omnicare – Well, the guessing game is over as CVS Health acquires Omnicare. The Pharmacy in Long-Term Care market has a new industry leader as CVS Health will see if their business model translates to the long-term care pharmacy market. The LTC market is a different business and CVS is moving from their traditional “core competency”. It […]

CVS Caremark Acquires Navarro Discount Pharmacy

CVS Caremark reached an agreement with Navarro, the largest Hispanic owned drugstore chain in the U.S., to acquire 33 stores and Navarro Health Services, a specialty pharmacy serving patients with complex or chronic diseases. CVS Caremark operates more than 7,600 stores, but said it will continue operating the acquired units under the Navarro banner. Navarro […]