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 ...

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 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 ...

More than half of large U.S. employers plan to scale back healthcare benefits next year as rising costs from weight-loss and ...

CalPERS is doubling down on its climate-focused strategy. Its "centrally planned" approach will neither address global climate change nor help companies perform better.

California's top public pension system on Friday said it will more than double its climate-focused investments to $100 billion by 2030 and consider selling stocks in companies with poor plans for ...

CalPERS should prioritize proven, effective strategies that cost less and consistently deliver better returns for taxpayers and public employees.

CVS plans to launch a cost-based drug pricing method for its retail pharmacies to bolster flatlining growth, executives announced during the company’s investor day on Tuesday. It’s a ...

Calpers, the nation’s largest public pension, recently unloaded about $6 billion of its stakes in private equity funds to second-hand buyers reportedly at a roughly 10 percent discount to their ...

Calpers Chief Investment Officer Nicole Musicco has made a push for the $449 billion pension fund to invest directly in companies and bypass private equity giants.

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