CVS bets on becoming "a 360 health company"

Jack Stewart May 1, 2019
HTML EMBED:
COPY
With an ever-growing number of health-care consumers becoming ever-more cost-sensitive, CVS is at an advantage. Justin Sullivan/Getty Images

CVS bets on becoming "a 360 health company"

Jack Stewart May 1, 2019
With an ever-growing number of health-care consumers becoming ever-more cost-sensitive, CVS is at an advantage. Justin Sullivan/Getty Images
HTML EMBED:
COPY

CVS has been squeezed by competition from mail-order pharmacies and lower profits on generic drugs. To fight back, the retailer bought health insurer Aetna in November. Now, instead of just being a place to pick up prescriptions, CVS can offer patients home drug infusions, help manage chronic diseases, and even straighten teeth. Central to this vision is “Minute Clinics” where customers can get diagnosis and treatment in stores.  The goal is to lure customers away from online competitors — and into CVS stores.

Click on the audio player to listen to the story. 

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.