CVS Health

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...
By Aditi Pai 10:46 am November 18, 2015
CVS Health has announced the launch of five new digital offerings that help customers refill prescriptions and manage their medications. "Our digital innovation model is the synthesis of strategic partnership and rapid experimentation, and this new suite of tools – some of the first to emerge from our digital innovation lab – shows how effective our approach can be," CVS Health SVP and Chief...
By Brian Dolan 10:53 am August 26, 2015
This year continues to be a breakout one for doctor video visits: CVS Health announced this morning that it is working with three established remote visits companies: American Well, Doctor On Demand, and Teladoc, to expand its telehealth capabilities and services. Dr. Andrew Sussman, the EVP and associate chief medical officer of CVS Health and the president of MinuteClinic told MobiHealthNews...
By Jonah Comstock 09:42 am August 18, 2015
Correction: A previous version of this story misreported the percentage of people who said telehealth was worse than an inperson visit. That statistic is 1 percent, not 10 percent. One third of CVS MinuteClinic telehealth users actually preferred a video visit to an in-person one, according to a survey of 1,700 MinuteClinic telehealth users conducted by CVS between January and September 2014 and...