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 ...

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

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 ...

Now CalPERS will turn its attention to setting health insurance rates for 2017. The CalPERS board voted unanimously Wednesday to follow its staff’s recommendation to award a five-year contract to ...

Although CVS Caremark recently faced allegations that it defrauded CalPERS under a previous contract, the pension system has signed a new $575 million annual contract with Caremark to provide ...