CVS Health is promising to simplify how its pharmacies get paid for drugs. But that doesn’t mean the drugs will get cheaper. The country’s biggest pharmacy chain said it’s switching to a system where ...

(CNN) — CVS Pharmacy is promising to make its drug pricing system simpler and more transparent. But that may not translate into lower costs or more clarity for consumers. The company announced Tuesday ...

(Reuters) -CVS Health on Tuesday forecast 2024 revenue above market estimates and said it would simplify the structure through which its pharmacies get reimbursed for drugs, in a push for more ...

CVS Health said the way community pharmacy is currently reimbursed for services doesn’t align to the underlying costs of doing business, so the retailer is unveiling a reimbursement solution dubbed ...

CVS Health will change how it reimburses pharmacies for prescription drugs, which it says will make pricing simpler — and which could change how much consumers pay for some of their medicines. The ...

CVS Health announced that all of the commercial prescriptions dispensed through CVS Pharmacy are contracted through the company’s CVS CostVantage reimbursement model starting this year. “Delivering on ...

CVS Health reported better-than-expected earnings for the fourth quarter and full fiscal year on Wednesday, but the company lowered its profit outlook for the year, citing higher medical costs in its ...

Drug pricing experts say CVS' CostVantage program appears designed to pad CVS' own bottom line rather than make drugs cheaper for patients and employers.