Walgreens to tackle health-care costs with Alphabet's Verily [CNBC]
CVS Health Corporation (CVS)
Last cvs health corporation earnings: 2/12 06:45 am
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Source: CNBC
Walgreens Boots Alliance is teaming with Verily, Alphabet's life sciences unit, on improving outcomes for patients with chronic conditions, the companies announced. The partnership would increase access to Verily's technology by deploying them at Walgreens' pharmacies. A big focus for the companies will be medication adherence, which costs the U.S. health care system some $100 billion to $289 billion a year. Much of this cost is due to increased hospitalizations for patients who get sick when they don't take their medication as prescribed. Walgreens CEO Stefano Pessina said the company is committed to finding more affordable solutions for patients and that forging the right partnerships is part of that effort. The continued rise in chronic diseases today can be costly to patients as well as to our healthcare system, Pessina said in a statement. Working with Verily, we'll look at how we can best support integrated and value-based care to meet our patients' needs, as
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CVS
Earnings
- 2/7/24 - Beat
CVS
Sec Filings
- 4/16/24 - Form PX14A6G
- 4/5/24 - Form ARS
- 4/5/24 - Form DEF
- CVS's page on the SEC website