CVS Health Names New COO March 08, 2017 By Christine Blank Jonathan C. Roberts is named Executive Vice President and COO. Chains Step up Efforts Against Drug Abuse Naloxone can now be dispensed without a prescription in 33 states and Washington, DC. Here's how two big pharmacy chains are making the livesaving opioid antagonist more accessible. PBM stifles Rx drug cost growth February 26, 2016 By Tracey Walker : Proactive pharma tools help CVS manage pharmacy costs and focus on ensuring patients have access to the right drugs at the lowest cost. CVS PBM to create 500 pharmacy jobs in Orlando November 06, 2015 By Mark Lowery Editor Caremark has gained approval and the promise of tax incentives to expand its business operations near Orlando, Fla. 2016 formulary exclusions in 9 key areas August 11, 2015 By Mark Lowery Editor CVS/Caremark and Express Scripts, the two biggest players in the pharmacy benefits management industry, have both added medications to their exclusion lists. CVS/Caremark dropping Viagra from its coverage list August 07, 2015 By Mark Lowery Editor Beginning next year, CVS/Caremark will no longer provide insurance coverage for the erectile dysfunction drug Viagra. Electronic prior authorization eases burden April 27, 2015 Using an electronic prior authorization program can save money and time for patients, providers and pharmacists. Rite Aid buys PBM EnvisionRx for $2 billion Rite Aid Corp. has announced its plan buy pharmacy benefits manager EnvisionRx for about $2 billion. Rite Aid buys PBM EnvisionRx In a move widely seen as a way to better compete with the other major chain drugstores, Rite Aid Corp. has announced an agreement on Feb. 11 to buy the pharmacy benefits manager (PBM) EnvisionRx for about $2 billion.