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News Breaks
February 11, 2014
08:30 EDTCVSCVS Caremark sees Q1 net revenue growth 4.25%-5.5%, consensus $32.06B
Sees Q1 retail pharmacy net revenue growth 3%-4.5%, SSS up 1.75%-3.25%. Sees pharmacy services net revenue growth 5.5%-6.75%. Sees FY14 net retail revenue growth 0.75%-2%, PBM net revenue growth 7.25%-8.5%. Says exiting tobacco category does not affect 2014 segment operating profit guidance, EPS guidance or five-year financial targets provided at 2013 Analyst Day. Says had "overwhelmingly positive response across an array of key constituents." Regarding the impact of the Affordable Care Act, CVS says that although it remains to be seen how many people ultimately gain coverage this year, but says recent progress is "encouraging". Sees modest net positive benefit from health reform this year. Says expects to return over $5B to shareholders in 2014; says on track to achieve targeted payout ratio of 25% during 2014, more than a year ahead of schedule. Comments from slides that will be presented on the Q4 earnings conference call.
News For CVS From The Last 14 Days
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March 31, 2015
10:43 EDTCVSLeerink healthcare services analyst holds analyst/industry conference call
Healthcare Services Analyst Larsen, along with Dan Steiber, a consultant with D2 Pharma Consulting and Philip Burgess, President of Philip Burgess Consulting, discuss the shifting dynamics within the drug retail space and specialty distribution on an Analyst/Industry conference call to be held on April 2 at 2 pm.
08:32 EDTCVSCVS Health announces new clinical affiliations with medical centers
CVS Health announced it has entered into new clinical affiliations with Rush University Medical Center in Chicago, Illinois and Tucson Medical Center in Tucson, Arizona and their accountable care organization, Arizona Connected Care. These affiliations will look to help enhance access to high-quality, affordable health care services for patients. Through these clinical affiliations, CVS Health will provide prescription and visit information to the participating providers through the integration of secured electronic health record systems, which will help enhance clinical care for patients served by these affiliates. In addition, patients will continue to have access to clinical support, medication counseling, chronic disease monitoring and wellness programs at CVS/pharmacy stores and MinuteClinic, the retail medical clinic of CVS Health.
March 30, 2015
10:59 EDTCVSUnitedHealth in 'ring' with largest competitors after deal, say Piper Jaffray
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March 25, 2015
16:37 EDTCVSSpecialists On Call names Hammad Shah as CEO
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11:45 EDTCVSLeerink healthcare tech/pharma analysts hold analyst/industry conference call
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