CVS News & Events

CVS Health unveiled the first of nearly 20 pharmacy-only, apothecary-style CVS Pharmacy locations it plans to open this year to increase access to pharmacy care. The new pharmacy, located at 2628 West Pershing Road in Chicago's West End, will help bridge gaps in care and make it easier for community members to access medications, immunizations and other health care services provided by pharmacists. Pharmacy-only locations will open in areas across the country, increasing access to vital pharmacy care, creating a simple and convenient way for community members to seek pharmacist support. Each site will feature a full-service pharmacy with a customized selection of over-the-counter products available for purchase. With footprints averaging around 3,000 square feet, the pharmacy-only sites will help ensure patients have access to prescription medications and the trusted advice and counsel of their neighborhood CVS pharmacist.

The U.S. Justice Department's Antitrust Division, together with the U.S. Attorney's Office for the Southern District of New York, filed a civil antitrust lawsuit challenging The New York and Presbyterian Hospital's anticompetitive contract restrictions that deny New Yorkers the choice of lower cost healthcare options. The complaint, filed in the U.S. District Court for the Southern District of New York, charges New York-Presbyterian with violating Section 1 of the Sherman Act. New York-Presbyterian is the largest and most powerful hospital system in New York City. It owns and operates eight hospitals and many outpatient facilities in the New York City area. The suit seeks to enjoin New York-Presbyterian from imposing contractual restrictions that preclude insurers and employers from offering New Yorkers budget-conscious health insurance plans. This is the second case the Division has brought this year to ensure that Americans can access healthcare markets with robust competition and receive high quality, affordable care. "Millions of New Yorkers pay more for healthcare because of these anticompetitive practices," said Attorney General Pamela Bondi. "At the direction of President Trump, this Justice Department will fight relentlessly to ensure that Americans get the healthcare they need without facing exorbitant costs." Publicly traded companies in the health insurance space include CVS Health (CVS), Centene (CNC), Cigna (CI), Elevance Health (ELV), Humana (HUM), Molina Healthcare (MOH) and UnitedHealth (UNH).