Health Care

CVS to open 1,500 HealthHUB stores over next two years

CVS to open 1,500 HealthHUB stores over next two years”

On December 3, 2017, CVS Health and Aetna announced the execution of a merger agreement under which CVS Health will acquire all outstanding shares of Aetna for a combination of cash and stock. In an indirect sense, both companies are taking steps to provide basic services for a huge swath of the population that simply can't afford health care. Tandem Investment Advisors Inc.'s holdings in CVS Health were worth $13,436,000 as of its most recent SEC filing.

The company started testing the changes in Houston late last year and will add more to that market this year as well as expand to Atlanta, the Philadelphia area and Tampa.

The stores will offer health services geared towards people with chronic conditions, as well as space for yoga classes and room for CVS Minute nurse practitioners to perform services such diabetic screenings and sleep apnea assessment.

Aside from visits with dietitians, HealthHub stores also give customers a chance to get screened for eye problems caused by diabetes, talk to a pharmacist about their treatment plan or get help tracking their blood pressure. CVS will deploy that data across the organization to create a holistic view of the patient, which will offer insights on how to communicate with the patient most effectively, including providing the next best action they can take to improve their health.

The company said during its pilot phase customers accepted help from our care concierge in more than 95 percent of recorded interactions beyond a greeting, with 60 percent resulting in engagement with a HealthHUB provider or offerings.

Mehrotra also said these growing options for care may have to overcome patient reluctance.

The investor day comes as the CVS-Aetna merger agreement with the U.S. Justice Department is under scrutiny.

"We are continuing to drive significant synergies and cost savings across the entire enterprise as we execute our integration plans", CVS CFO Eva Boratto said in a statement. U.S. District Judge Richard J. Leon has so far resisted assertions from the DOJ's Antitrust Division and the companies that federal law limits his review to the competitive concerns raised by the government in its merger settlement, which focused on overlap in the market for prescription drug plans, or PDP. Equities research analysts forecast that CVS Health Corp will post 6.84 EPS for the current year.

Reiterates 2019 guidance: Revenues: $251.2B - 254.4B; non-GAAP operating income: $15.0B - 15.2B; EPS: $4.90 - 5.05; non-GAAP EPS: $6.75 - 6.90; cash available to pay down debt: $4.2B - 4.6B.

Like this



06 June 2019
Carrie Underwood big victor at CMT Music Awards
Little Big Town , who are nominated for two awards and will perform live, are returning for a second year as hosts. The day before the awards show, Underwood performed at a fun concert for her fans at the Grand Ole Opry.

06 June 2019
FCA merger proposal dead for now
The decision to walk away marks a significant retreat for Fiat Chairman and scion of the founding Agnelli family John Elkann. Renault's board met outside Paris to discuss Fiat Chrysler's offer but no decision had been announced as midnight neared.

06 June 2019
Ellen Pompeo says 'Grey's Anatomy' set was 'toxic' for years
She had also said she was more anxious about what would happen after Sandra Oh left Grey's Anatomy as Cristina Yang. There were many moments. "It's amusing : I never wanted off the bus in the year that I could get off", she said.

06 June 2019
Tunisia's Esperance protests CAF decision to re-stage final against Wydad
Esperance led 1-0 in Friday 's second leg but their Moroccan opponents left the pitch after an equaliser they scored was disallowed .

06 June 2019
With free beers, Trump brothers thank devoted Irish village
Varadkar quickly retorted, "I think one thing we want to avoid, of course, is a wall or border between us". One woman standing nearby shouted, "If you act like that, you act like Donald Trump , so don't".

06 June 2019
Explainer: Impeachment is not a quick 'bye, bye birdie' - Pelosi
Despite the reported rift within the party over impeachment, both Pelosi and Nadler claim they are on the same page on the issue. "And it's served its objective , right?" This has put pressure on Pelosi, whether she is willing to admit it or not.

06 June 2019
Women allegedly took Le'Veon Bell's jewelry worth $500K
Police in South Florida are in the process of investigating a possible crime that took place at Le'Veon Bell's house last month. The missing items include a Black Panther chain with black and white diamonds, a Rolex watch, and two diamond and gold chains.

06 June 2019
You might have missed the most promising new feature of iOS 13
Once iOS 13 and iPadOS land, you'll be able to mute threads for a specific time period, so they don't prompt a notification. The reference to the Apple Tag was first spotted by developer Steve Moser , and later confirmed by technology blog 9to5Mac.

06 June 2019
Ad Astra trailer: The answers we seek are just outside out reach
It has been produced by Pitt , Gray, Dede Gardner, Jeremy Kleiner, Anthony Katagas, Rodrigo Teixeira, and Arnon Milchan. The elder McBride was researching an "a highly classified material that threaten the existence of the solar system".

06 June 2019
Zdeno Chara’s status remains unclear ahead of Game 5
Once you go multiple games with bad games or not being able to put it together, it's when you find yourself in a tight spot. In Game 3, The Bruins throttled the Blues 7-2 in a disappointing performance with over 14 penalties called against them.