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

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

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 ...

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 ...

Rhode Island-based CVS Health $CVS has grabbed a massive PBM contract from competitor UnitedHealth $UNH.

NEW YORK >> More than half of large U.S. employers plan to scale back healthcare benefits next year as rising costs from ...

Calpers Chief Investment Officer Nicole Musicco has made a push for the $449 billion pension fund to invest directly in companies and bypass private equity giants.

Calpers just unloaded $6 billion in private equity funds to second-hand buyers supposedly at a 10% ...More discount. Sounds like a $600 million transfer of state workers’ wealth to Wall Street.

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