Evercore ISI has updated its outlook on CVS Health (NYSE:CVS) shares, raising the price target from $60.00 to $65.00 while maintaining an Outperform rating. The adjustment comes in anticipation of future performance dynamics,

UnitedHealth reported fourth-quarter results on Thursday that reflected persistent challenges for the health insurance sector.

A new Federal Trade Commission (FTC) report found that the three largest Pharmacy Benefit Managers (PBMs) have taken in large profits on lifesaving medicine for heart disease, cancer and HIV. Pharmacy Benefit Managers are third-party companies connected to pharmacies that are intermediaries between insurance providers and pharmaceutical manufacturers and claim to reduce consumer costs.

The FTC report showed that from 2017 to 2022, the three PBMs—UnitedHealth Group's Optum, CVS Health's CVS Caremark and Cigna's Express Scripts—marked up prices at their pharmacies by hundreds ...

The Baltimore City Board of School Commissioners is suing Eli Lilly and Co., UnitedHealth Group, CVS and several other drug manufacturers for allegedly colluding to inflate the cost of insulin to

Witty's comments came during the company's first earnings call since the killing of Brian Thompson, the CEO of the company's insurance arm UnitedHealthcare.

From 2017 to 2022, the companies marked up prices at their pharmacies by hundreds or thousands of percent, netting them $7.3 billion in revenue.

The share of in-network federal health insurance exchange plan claims denied in 2023 was the highest since 2015, according to a KFF analysis.

CVS Caremark Rx blasted the findings for cherry picking certain drugs in an effort to push what it called an 'anti-PBM' narrative. UnitedHealth Group is charging patients a markup for key life-saving drugs that could easily exceed their cost by a factor of ...

UnitedHealth Group Inc. operates the nation’s largest health insurer ... Shares of other other health care conglomerates like CVS Health and Cigna also were down.

UnitedHealth Group CEO Says Complex US Healthcare System ... dragging down rivals along with it. CVS Health and Elevance Health were both down more than 2%. Medical costs in the fourth quarter ...

Shares of UnitedHealth, the first company with a large health insurance component to report earnings, fell 4.7% in early trading, dragging down rivals along with it. CVS Health and Elevance Health ...