CVS Health said a big boost in enrollment in seniors signing up for Medicare Advantage plans and new “health hub” formats in its stores are helping boost profits
fourth quarter 2019 net income rose to $1.7 billion, or $1.73 per share, compared to a loss in the year-ago quarter. Revenue rose 23% to nearly $66.9 billion.
CVS chief executive Larry Merlo said the new HealthHub formats are seeing increased prescription volume and usage of healthcare services compared to a control group of traditional stores. The HealthHub locations are part of a strategy by CVS to dedicate more than 20% of its stores to health services that include new durable medical equipment, supplies and various new product and service combinations.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
CVS Health beats on fourth-quarter earnings and revenueCVS Health report Wednesday fiscal fourth-quarter earnings and revenue that beat Wall Street's expectations.
Les mer »
CVS Health posts fourth-quarter profitCVS Health Corp on Wednesday reported a quarterly profit compared with a year-ag...
Les mer »
Trump budget proposes cuts to global health amid two global health crisesAmid two global health crises, the Trump administration has proposed cutting $3 billion from the U.S. government's global health programs in its latest budget request.
Les mer »
CVS Health and Cisco earnings, Powell's second day on the Hill: 3 things to watch on WednesdayWe'll get earnings from CVS Health and Cisco Systems, as well as Federal Reserve Chairman Jerome Powell's second day of testimony to Congress.
Les mer »
More Evidence That Antioxidant-Rich Foods Can Boost Your Brain HealthHere’s how filling up on leafy greens, berries, and tea can reduce your risk of dementia and prevent cognitive decline.
Les mer »
World Health Organization names the new coronavirus: Covid-19'Having a name matters to prevent the use of other names that can be inaccurate or stigmatizing,' Tedros Adhanom Ghebreyesus, director-general of the WHO, told reporters.
Les mer »