CVS Health Corp
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Health Care : Health Care Providers & Services | Large Cap Value
Company profile

CVS Health Corporation, together with its subsidiaries, is an integrated pharmacy healthcare company. The Company provides pharmacy care for the senior community through Omnicare, Inc. (Omnicare) and Omnicare's long-term care (LTC) operations, which include distribution of pharmaceuticals, related pharmacy consulting and other ancillary services to chronic care facilities and other care settings. It operates through three segments: Pharmacy Services, Retail/LTC and Corporate. The Pharmacy Services Segment provides a range of pharmacy benefit management (PBM) solutions to its clients. As of December 31, 2016, the Retail/LTC Segment included 9,709 retail locations (of which 7,980 were its stores that operated a pharmacy and 1,674 were its pharmacies located within Target Corporation (Target) stores), its online retail pharmacy Websites, CVS.com, Navarro.com and Onofre.com.br, 38 onsite pharmacy stores, its long-term care pharmacy operations and its retail healthcare clinics.

Price
Delayed
$63.92
Day's Change
0.98 (1.56%)
Bid
--
Ask
--
B/A Size
--
Day's High
64.17
Day's Low
63.02
Volume
(Below Average)

Today's volume of 3,946,168 shares is on pace to be lower than CVS's 10-day average volume of 6,080,954 shares.

3,946,168

CVS Health Opens 10 New Drive-Thru Test Sites in Kansas as Part of Nationwide COVID-19 Response

6:00 am ET June 11, 2020 (PR Newswire) Print

Building on the company's comprehensive efforts to help slow the spread of the virus, on Friday, June 12 CVS Health (NYSE: CVS) will open 10 new COVID-19 test sites at select CVS Pharmacy drive-thru locations across Kansas.

https://mma.prnewswire.com/media/1178955/CVS_Covid_19_Drive_Thru_Test_Site.jpg

These new sites will utilize self-swab tests and deliver on the company's commitment to establish 1,000 locations across the country as originally announced on April 27. These new test sites help enable a goal of processing up to 1.5 million tests per month, subject to availability of supplies and lab capacity.

"CVS Health has been at the forefront of helping our nation scale-up COVID-19 testing capabilities, and we're proud to meet our goal of establishing 1,000 testing sites in communities across the country," Larry J. Merlo, President and CEO, CVS Health. "Opening access to testing in more locations using our drive-thru window represents an important milestone in our response to the pandemic. We remain grateful for the daily efforts and sacrifices of our front-line colleagues who make the continued expansion of our testing possible."

More than half of the company's 1,000 test sites will serve communities with the greatest need for support, as measured by the CDC's Social Vulnerability Index. The index tracks a variety of census variables including poverty, lack of access to transportation, and crowded housing that may weaken a community's ability to prepare for and recover from hazardous events like natural disasters and disease outbreaks.

Self-swab tests will be available to individuals meeting Centers for Disease Control and Prevention criteria, in addition to state and age guidelines. Patients must register in advance at CVS.com beginning Friday, June 12 to schedule an appointment. Patients will be required to stay in their cars and will be directed to the pharmacy drive-thru window, where they will be provided with a test kit and given instructions, and a CVS Pharmacy team member will observe the self-swab process to ensure it is done properly. Tests will be sent to an independent, third-party lab for processing and the results will be available in approximately three days.

Testing will not take place inside any retail locations, and CVS Pharmacy, HealthHUB and MinuteClinic will continue to serve customers and patients.

The new testing sites in Kansas include:

-- CVS Pharmacy, 950 Minnesota Avenue, Kansas City, KS 66101

-- CVS Pharmacy, 3750 State Avenue, Kansas City, KS 66102

-- CVS Pharmacy, 2300 Iowa Street, Lawrence, KS 66046

-- CVS Pharmacy, 390 Limit Street, Leavenworth, KS 66048

-- CVS Pharmacy, 18351 West 119th Street, Olathe, KS 66061

-- CVS Pharmacy, 11900 West 135th Street, Overland Park, KS 66221

-- CVS Pharmacy, 22700 West 55th Terrace, Shawnee, KS 66226

-- CVS Pharmacy, 3901 SW 21st Street, Topeka, KS 66601

-- CVS Pharmacy, 3149 East Harry Street, Wichita, KS 67211

-- CVS Pharmacy, 4808 East Central Avenue, Wichita, KS 67208

A complete list of CVS Pharmacy drive-thru test sites can be found here.

More information on steps CVS Health has taken to address the COVID-19 pandemic, including support for health care providers and clinicians facing financial and administrative strain, is available at the company's frequently updated COVID-19 resource center.

For downloadable COVID-19 testing media assets, including photos, video and interviews with CVS Health executives, please visit the Media Resource Center.

About CVS Health CVS Health employees are united around a common goal of becoming the most consumer-centric health company in the world. We're evolving based on changing consumer needs and meeting people where they are, whether that's in the community at one of our nearly 10,000 local touchpoints, in the home, or in the palm of their hand. Our newest offerings - from HealthHUB(R) locations that are redefining what a pharmacy can be, to innovative programs that help manage chronic conditions - are designed to create a higher-quality, simpler and more affordable experience. Learn more about how we're transforming health at https://www.cvshealth.com.

Media Contact Charlie Rice-Minoso, (773) 610-7100Rice-MinosoC@Aetna.com

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View original content to download multimedia:http://www.prnewswire.com/news-releases/cvs-health-opens-10-new-drive-thru-test-sites-in-kansas-as-part-of-nationwide-covid-19-response-301073713.html

SOURCE CVS Health

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