CVS Health

By Dave Muoio 01:56 pm August 10, 2020
The past few months have seen tech companies, healthcare organizations, employee-benefits vendors and others toss their hat into a fast-growing market for "return-to-work" COVID-19 health-monitoring services. Today CVS Health and Salesforce, two of the bigger names in that race, have announced plans to integrate their offerings into a single digital, data-driven testing and monitoring program....
By Dave Muoio 01:46 pm June 24, 2020
Verily and CVS Health are among the latest big names lending their health and technology expertise to reopening businesses. Both companies have announced new enterprise offerings incorporating COVID-19 testing, symptom checking, clinical support, data analysis and app-based tools for employees. Verily's approach, called Healthy at Work, incorporates local, onsite and mail testing services into a...
By Dave Muoio 02:58 pm March 11, 2020
A CVS Health service designed to help CVS Caremark pharmacy benefit management clients more easily roll out and manage third-party health products has added five new digital health offerings to its lineup. The program – which has also seen a branding change from "Vendor Benefit Management" to "Point Solutions Management" – was first announced last June with only single participating vendor: Big...
By Dave Muoio 02:32 pm July 26, 2019
In many respects, the pharma industry’s operations are still in the early stages of technological  revolution, and there’s no better example of this than its gradual adoption of digital health and digital therapeutics. On one hand, more and more groups are regularly striking new partnerships that supplement existing drug treatments with digital tools, while Novartis continues its work with Pear...
By Dave Muoio 02:53 pm July 24, 2019
This morning CVS Health and its recently acquired Aetna business announced new initiatives that will work with community organizers, social services and software makers to tackle social and environmental factors affecting individuals’ health. To do so, the company has partnered with Unite Us, maker of care coordination products specifically designed to drive connections between social services...
By Dave Muoio 03:12 pm June 12, 2019
Yesterday, CVS Health unveiled Vendor Benefit Management, a new service that will help CVS Caremark pharmacy benefit management (PBM) clients roll out and manage third-party health products. As the service is applicable to both digital and non-digital health and wellness products, the company has decided to inaugurate its initiative by announcing Big Health — maker of the CBT-based sleep app...
By Jonah Comstock 03:11 pm December 4, 2017
CVS Health made a surprising announcement yesterday: It has reached a deal to acquire health insurer Aetna for $69 billion. While a pharmacy chain buying a health insurer seems strange on the surface, from the perspective of the consumerization of healthcare it makes sense, and the two companies said as much in their official announcement. "This is the next step in our journey, positioning the...
By Jonah Comstock 02:27 pm April 19, 2016
CVS Health has partnered with -- and invested in -- Curbside, a startup that allows customers to order purchases from an app then pick them up outside the store, without ever venturing inside. The pharmacy will both be incorporated into Curbside’s existing app and will create its own app, CVS Express, that serves up Curbside’s experience to CVS customers. The investment will enable the two to...
By Jonah Comstock 01:59 pm March 17, 2016
Target has plans to launch a new digital health initiative next month online and in 500 of its 1,793 stores. Beyond knowing the stories will offer a new section for health devices, details on what, exactly, the launch will entail are scarce. One device that will be included is Quell, an FDA-cleared and smartphone-connected wearable for treating chronic pain from Waltham, Massachusetts-based...
By Aditi Pai 09:19 am November 20, 2015
San Francisco-based MyHealthTeams, which offers niche social network for people with various medical conditions, raised $5 million in a round led by strategic investor CVS Health with participation from existing investors Adams Street Partners, the Westly Group, HealthTechCapital, and Sand Hill Angels. This brings the company's total funding to $10.1 million. “In the past 18 months MyHealthTeams...