Initial press reports suggested that CVS was exploring a range of options, including a possible breakup of the company to separate its retail and insurance units. Those reports were based on “sources familiar with the matter,” according to news stories.
"Our goals are those shared by all stakeholders – to work together to strengthen CVS's culture and operating performance to enhance value for customers, associates and shareholders alike."
'We’ve embarked on a multi-year initiative to deliver $2 billion in cost savings by reducing expenses and investing in technologies to enhance how we work."
CVS Health remains dedicated to supporting its local communities and is in contact with disaster relief organizations to help communities respond to and recover from the storm.
The move is part of CVS Healthspire, which seeks to deliver more affordable and accessible connected patient care and pharmacy benefits across the nation.
