CVS Health Corporation operates an integrated health care model that combines retail pharmacy, pharmacy benefit management, health insurance, medical clinics, specialty and mail pharmacy support, and related consumer health services. Recurring company news includes quarterly results and guidance, segment performance across Health Services, Health Care Benefits, and Pharmacy & Consumer Wellness, and capital returns through common-stock dividends.
Updates also cover CVS Caremark formulary decisions, biosimilar adoption, Aetna prior authorization and plan-administration initiatives, community health investments by the CVS Health Foundation, and developments involving Omnicare, the company's long-term care pharmacy subsidiary.
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CVS Health announced the expansion of COVID-19 vaccinations in California, adding 119 pharmacy locations starting March 14, 2021. This increase brings the total number of participating CVS locations in the state to 286, contributing to the effort to combat the pandemic. Appointments can be booked from March 13, and the vaccines will be available to eligible individuals, including K-12 teachers and childcare workers. The vaccination supply is provided through the Federal Retail Pharmacy Program. CVS aims to administer 20-25 million doses per month across nearly 1,200 locations nationwide.
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CVS Health has expanded its COVID-19 vaccination program to nearly 1,200 locations across 29 states and Puerto Rico, significantly increasing access to the vaccine. The company can administer 20-25 million shots monthly, focusing on vulnerable communities and educators. Since December, CVS has successfully vaccinated residents at over 40,000 long-term care facilities, leading to a 94% decrease in COVID-19 cases. Appointments in new states will be available starting March 13, 2021, as CVS continues to combat the pandemic through its retail pharmacy program.
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