Omnicare parent CVS Health, amid financial pressures, names new CEO
By
Kimberly Bonvissuto
Oct 18, 2024
CVS Health, the parent company of long-term care pharmacy giant Omnicare, earlier today announced that David Joyner, most recently executive vice president of CVS Health and president of CVS Caremark,...
Omnicare parent CVS Health to lay off almost 3,000 employees
By
Lois A. Bowers
Oct 01, 2024
CVS Health, the parent company of long-term care pharmacy Omnicare, is planning to lay off approximately 2,900 employees as it faces “continued disruption, regulatory pressures and evolving consumer...
People in the news, Aug. 20
Aug 20, 2024
Appointments, promotions and other news at Brandon Wilde, Brazos Presbyterian Homes, Buckner Retirement Services, CVS Health, Distinctive Living, LeadingAge Southeast, LCS, Massachusetts Assisted Living...
Cafaro, Lynch among top paid execs at S&P 500 companies: study
By
Kathleen Steele Gaivin
Jun 20, 2024
Debra Cafaro, chairman and CEO of Ventas, and Karen Lynch, president and CEO of long-term care pharmacy Omnicare parent CVS Health, are among American’s top paid executives, according to an Equilar /...
Omnicare notifying workers of layoffs this week
By
Lois A. Bowers
Jan 30, 2024
Cincinnati-based long-term care pharmacy provider Omnicare is announcing layoffs this week as a result of a review of operations “and other market dynamics,” a company representative told McKnight’s...
Omnicare long-term care pharmacy sale not expected any time soon, CVS says
By
Lois A. Bowers
Nov 02, 2023
The sale of CVS Health’s long-term care pharmacy business, Omnicare, isn’t expected “in the near term,” the company said Wednesday in a filing with the Securities and Exchange Commission.
People in the news, Sept. 12
Sep 12, 2023
Appointments, promotions and other news at Ahepa Senior Living, Anthem Memory Care, The Aspenwood Company, Benchmark Senior Living, Bridge Group Construction, CVS Health, Cypress Cove, D1Group Architecture,...
Omnicare parent CVS Health to lay off 5,000
By
Lois A. Bowers
Aug 03, 2023
Long-term care pharmacy Omnicare’s parent company, CVS Health, will lay off 5,000 employees, the company formally announced Wednesday.
Actions & Transactions, July 10
Jul 10, 2023
ESI arranges sale of nonprofit LTC community in Virginia … Omnicare parent CVS Health declares quarterly dividend of $0.605 per share of common stock … Resort Lifestyle Communities opens new community...
CVS records $349 million loss related to Omnicare long-term care pharmacy business
By
Lois A. Bowers
May 04, 2023
CVS Health in the first quarter recorded a $349 million loss on assets held for sale associated with the Omnicare business.