The contract, though sizable, is likely immaterial to CVS’ earnings. But it moves the company in a positive direction as it ...

The California Public Employees’ Retirement System (CalPERS) has a new pharmacy benefits contract with CVS Caremark, the ...

Rising prescription drug costs remain a top healthcare concern, with pharmacy benefit managers (PBMs) facing heightened scrutiny for their role in managing prescription drug benefits for insurers and ...

CVS Health has secured a major healthcare deal, winning a multi-year pharmacy benefits contract with CalPERS, outbidding rival UnitedHealth. The deal marks a significant win for CVS's Caremark unit ...

The California Public Employees' Retirement System (CalPERS) will be awarding two new contracts designed to lower healthcare costs. The contracts – with Blue Shield of California and Included Health – ...

CalPERS invested $4 billion with diverse private equity managers, half in funds and half in co-investments, in fiscal year 2023, said Anton Orlich, managing investment director in CalPERS' private ...

CVS Health’s Caremark business signed a new pharmacy benefits contract with the California Public Employees’ Retirement ...