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  2. CVS lays off 2,900 workers in cost-cutting move. Here's what ...

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    CVS said it is cutting 2,900 workers, or about 1% of its workforce, as part of an effort to reduce costs by $2 billion. CVS lays off 2,900 workers in cost-cutting move. Here's what to know.

  3. CVS Health to lay off nearly 2,900 employees in cost-cutting push

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    CVS Health to lay off nearly 2,900 employees in cost-cutting push. October 1, 2024 at 4:35 PM (Reuters) -CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1 ...

  4. CVS Health steers through rising insurance costs in a strong ...

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    CVS Health steered through rising costs in its insurance division to handily beat profit expectations on Wall Street. The drugstore chain and pharmacy benefits manager earned $1.64 billion, or $1.30 per share for the period ended Dec. 31. A year earlier the company earned $2.05 billion, or $1.58 per share.

  5. 'Health insurance companies are always going to need a PBM ...

    www.aol.com/finance/health-insurance-companies...

    But Shah said that despite these new efforts, "Health insurance companies are always going to need a PBM." In 2024, the PBM business was the largest segment of revenue for CVS, bringing in a total ...

  6. CVS cuts 2024 profit forecast as medical care drives costs higher

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    The new forecast of at least $8.30 per share, from at least $8.50 per share it had forecast in December, factors in the potential for medical costs being elevated in 2024, CVS said.

  7. CVS Health cuts its 2024 forecast a third time, dragged down ...

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    CVS Health Corp. still runs one of the nation’s largest drugstore chains and a huge pharmacy benefit management business that operates prescription drug coverage. It also covers nearly 27 million people through its Aetna insurance arm. Overall, the company's profit dropped more than 7% to $1.77 billion in the quarter.

  8. CVS Health - Wikipedia

    en.wikipedia.org/wiki/CVS_Health

    Aetna Inc. is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare.

  9. CVS Health to lay off nearly 3,000 workers in cost-cutting drive

    www.aol.com/cvs-health-lay-off-nearly-122414816.html

    CVS Health is planning to cut about 2,900 jobs in an effort to slash costs, the US health care company said Tuesday. “We’ve embarked on a multi-year initiative to deliver $2 billion in cost ...

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