The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...

Rising prescription drug costs remain a top healthcare concern, with pharmacy benefit managers (PBMs) facing heightened scrutiny for their role in managing prescription drug benefits for insurers and ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the ...

CVS Health has secured a major healthcare deal, winning a multi-year pharmacy benefits contract with CalPERS, outbidding rival UnitedHealth. The deal marks a significant win for CVS's Caremark unit ...

More than half of large U.S. employers plan to scale back healthcare benefits next year as rising costs from weight-loss and ...

CalPERS said it expects to pay Optum $16.9 million in administrative fees for 2017 under the new contract. The agency didn’t provide figures for additional years. CVS will collect an estimated $14 ...

CalPERS is negotiating pharmacy contract with firm being sued for defrauding it ... Caremark, a unit of CVS Caremark of Woonsocket, R.I., ...

The California Public Employees’ Retirement System signed a $575 million-a-year contract with CVS Caremark Corp. to provide prescription drug benefits to 346,000 members. The contract, announced ...

CalPERS has chosen a new company to manage pharmacy benefits for its 346,000 members -- CVS Caremark, which recently settled a whistleblower suit that ...

PHILADELPHIA – The California Public Employees’ Retirement System has voted its proxies against CVS Corp.’s plan to acquire pharmacy-benefits manager Caremark Rx Inc. for roughly $26 billion ...

CVS Health’s Caremark business signed a new pharmacy benefits contract with the California Public Employees’ Retirement ...