Blue Shield of California looks to cut reliance on CVS, taps Amazon

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Go back to Blue Shield of California looks to cut reliance on CVS, taps Amazon

Blue Shield of California news on CVS Health (CVS) will have 'minimal' impact - TD Cowen

August 17, 2023 9:26 AM EDT

TD Cowen analyst Charles Rhyee weighed in on CVS Health (NYSE: CVS) with shares down 7% after Blue Shield of California said it will no longer be using the company's Caremark as its current pharmacy-benefit manager.

The analyst commented, "Share... More