CVS Health

Prime Therapeutics announces Ken Bodmer as chief financial officer

Retrieved on: 
Tuesday, December 5, 2023

EAGAN, Minn., Dec. 5, 2023 /PRNewswire/ -- Today, Prime Therapeutics LLC/Magellan Rx Management LLC (Prime/MRx) announces that it has appointed Ken Bodmer as chief financial officer (CFO), effective Dec. 4, 2023.

Key Points: 
  • EAGAN, Minn., Dec. 5, 2023 /PRNewswire/ -- Today, Prime Therapeutics LLC/Magellan Rx Management LLC (Prime/MRx) announces that it has appointed Ken Bodmer as chief financial officer (CFO), effective Dec. 4, 2023.
  • "Ken is an extraordinary leader with a deep understanding of the markets we serve and brings a unique blend of financial and operational expertise coupled with a proven track record of success," said Mostafa Kamal , president and chief executive officer at Prime.
  • Bodmer has more than 20 years of experience in business and financial leadership in both pharmacy benefit management and specialty pharmacy.
  • His previous experience also includes both CFO and chief operating officer roles at Accredo, as well as key financial leadership roles at Medco (now Express Scripts) and Catamaran (now OptumRx).

Ohio Officials, CMHA, 360º Management, and CVS Health Announce Opening of Supportive Housing Community for Human Trafficking Survivors

Retrieved on: 
Monday, November 27, 2023

COLUMBUS, Ohio, Nov. 27, 2023 /PRNewswire/ -- Today, a bipartisan group of elected officials joined representatives from CVS Health® (NYSE: CVS), Columbus Metropolitan Housing Authority (CMHA), Beacon 360 Management, and community leaders to announce the opening of Harriet's Hope – a 52-unit, multifamily supportive housing community – empowering survivors of human trafficking. Named in honor of abolitionist Harriet Tubman, who helped many escape slavery, Harriet's Hope is a first-of-its-kind development for Columbus and among the nation's first service-enriched housing communities exclusive to human trafficking survivors. Residents will live in a community with access to robust onsite case management and social services that address the unique needs of human trafficking survivors, while also encouraging rehabilitation and self-sufficiency. With construction now complete, residents will begin moving in December.

Key Points: 
  • Public-private partnership builds upon Ohio's efforts addressing human trafficking, housing across the state
    COLUMBUS, Ohio, Nov. 27, 2023 /PRNewswire/ -- Today, a bipartisan group of elected officials joined representatives from CVS Health® (NYSE: CVS), Columbus Metropolitan Housing Authority ( CMHA ), Beacon 360 Management , and community leaders to announce the opening of Harriet's Hope – a 52-unit, multifamily supportive housing community – empowering survivors of human trafficking.
  • Building the $15.6 million property was made possible through CVS Health's $10.6 million investment, facilitated through the Ohio Capital Corporation for Housing ( OCCH ).
  • Recognizing housing's impact on community health outcomes, CVS Health invested $10.6 million to build Harriet's Hope as the initiative's sole equity funder.
  • Harriet's Hope is a further demonstration of the company's commitment to address housing insecurities – and support Ohio human trafficking survivors.

Path Mental Health Expands Executive Team with New CCO, COO, and GC

Retrieved on: 
Thursday, November 16, 2023

LOS ANGELES, Nov. 16, 2023 /PRNewswire/ -- Path Mental Health, a leading behavioral health company, is announcing several key executive appointments to support the company's growing business and mission of making mental healthcare work for everyone.

Key Points: 
  • LOS ANGELES, Nov. 16, 2023 /PRNewswire/ -- Path Mental Health, a leading behavioral health company, is announcing several key executive appointments to support the company's growing business and mission of making mental healthcare work for everyone.
  • Founded in 2019, Path Mental Health is a quality-first behavioral health company.
  • These new key executive hires will bring Path into the next chapter of growth as the company prepares to offer covered mental health services nationwide by early next year.
  • For insurers and health systems, Path offers high-quality and measurable care through its network to increase patient access and decrease payer costs.

LRVHealth Promotes Ellen Herlacher to Partner

Retrieved on: 
Tuesday, November 7, 2023

LRVHealth , the inside healthcare venture capital platform, today announced the promotion of Ellen Herlacher from principal to partner.

Key Points: 
  • LRVHealth , the inside healthcare venture capital platform, today announced the promotion of Ellen Herlacher from principal to partner.
  • The firm most recently expanded its team by welcoming Josh Flum , former chief strategy officer of CVS Health, as managing partner in November 2022.
  • As partner at LRVHealth, Herlacher will co-lead the firm’s research and investments in new care delivery, behavioral health, workforce transformation, and government sponsored payers.
  • "LRVHealth's north star is, and has always been, to shape a healthcare system that is more effective, more accessible, more sustainable, and more humane," said Ellen Herlacher, partner at LRVHealth.

CVS Health to hold Investor Day on December 5, 2023

Retrieved on: 
Tuesday, November 7, 2023

WOONSOCKET, R.I., Nov. 7, 2023 /PRNewswire/ -- CVS Health (NYSE: CVS) will hold its Investor Day on December 5th, 2023, in Boston, MA.

Key Points: 
  • WOONSOCKET, R.I., Nov. 7, 2023 /PRNewswire/ -- CVS Health (NYSE: CVS) will hold its Investor Day on December 5th, 2023, in Boston, MA.
  • Members of management will discuss the Company's strategy and will provide financial guidance for 2023 and 2024.
  • The conference will begin at 8:00 AM ET.
  • A link to the live webcast and presentation materials will be available on the Investor Relations portion of the CVS Health website at investors.cvshealth.com where it will be archived for a period of one year.

Pharmacy Benefit Managers Expose Patients to Negative Health Outcomes, GHLF Updated Studies Shows

Retrieved on: 
Thursday, November 2, 2023

The updated research found that more than half the exclusions (57%) had questionable medical or economic benefits for patients.

Key Points: 
  • The updated research found that more than half the exclusions (57%) had questionable medical or economic benefits for patients.
  • The original peer-reviewed research and its update, which is not yet published, focuses on ESI, the second largest pharmacy benefit manager in the United States.
  • This forced switch to different medications also adds to the challenges patients and their caregivers face, and it ends up costing more for everyone involved in health care — patients, caregivers, employers, and the government.
  • GHLF will host a webinar concerning formulary exclusions and their impact on patients on November 9 at 12 pm EST.

Banner|Aetna Now Offering Enhanced ACA Insurance Plans to More Arizonans

Retrieved on: 
Wednesday, November 1, 2023

Banner|Aetna , a joint venture health plan owned by Banner Health and Aetna, a CVS Health company, is offering Affordable Care Act (ACA) health insurance plans with additional benefits across more Arizona counties in 2024.

Key Points: 
  • Banner|Aetna , a joint venture health plan owned by Banner Health and Aetna, a CVS Health company, is offering Affordable Care Act (ACA) health insurance plans with additional benefits across more Arizona counties in 2024.
  • Banner|Aetna will offer Silver plans at zero premium in Maricopa, Pima and Yuma counties for fully subsidized members.
  • This unique arrangement results in a different kind of health insurance, as it offers an improved member experience, higher quality care, and more affordable health care.
  • Banner|Aetna plans are available to individuals and their families in Gila County for the first time in 2024.

Jon Iwata, 35-Year IBM Veteran and Founding Executive Director of Yale School of Management's Data & Trust Alliance, to be Awarded the Harold Burson Award at PRSA-NY 2023 Big Apple Awards

Retrieved on: 
Thursday, November 2, 2023

Iwata will receive the honor at the 2023 Big Apple Awards gala at Tao Downtown in New York City on November 15.

Key Points: 
  • Iwata will receive the honor at the 2023 Big Apple Awards gala at Tao Downtown in New York City on November 15.
  • The Harold Burson Award is PRSA-NY's first and only individual award dedicated to a non-agency practitioner for excellence in communications.
  • I am so proud that my friend and mentor Jon has been named the 2023 Harold Burson Award recipient."
  • In 2023 he was awarded the Larry Foster Award for Integrity in Public Communications by the Page Center at Penn State University.

Aetna CVS Health to enter the Affordable Care Act (ACA) individual insurance exchange marketplace in Utah for January 1, 2024

Retrieved on: 
Monday, October 30, 2023

WOONSOCKET, R.I., Oct. 30, 2023 /PRNewswire/ -- Aetna, a CVS Health company (NYSE: CVS), is entering the individual insurance exchange marketplace in Utah with its Aetna CVS Health co-branded insurance product, providing affordable access to health care for more Utah residents. 

Key Points: 
  • Aetna CVS Health Individual and Family Plans combine the quality health insurance coverage of Aetna®, with affordable care options at CVS Pharmacy® and MinuteClinic® locations to help members achieve their best health.
  • WOONSOCKET, R.I., Oct. 30, 2023 /PRNewswire/ -- Aetna, a CVS Health company (NYSE: CVS), is entering the individual insurance exchange marketplace in Utah with its Aetna CVS Health co-branded insurance product, providing affordable access to health care for more Utah residents.
  • Aetna CVS Health Individual and Family Plans combine the quality health insurance coverage of Aetna®, access to Aetna's network of primary care doctors, mental health providers, specialists and hospitals, and affordable care features at CVS Pharmacy® locations to help members achieve their best health.
  • Aetna CVS Health ACA exchange products bring together the coverage of Aetna and the convenience of CVS Health.

Aetna CVS Health to enter the Affordable Care Act (ACA) individual insurance exchange marketplace in Maryland for January 1, 2024

Retrieved on: 
Monday, October 30, 2023

WOONSOCKET, R.I., Oct. 30, 2023 /PRNewswire/ -- Aetna, a CVS Health company (NYSE: CVS), is entering the individual insurance exchange marketplace in Maryland with its Aetna CVS Health co-branded insurance product, providing affordable access to health care for more Maryland residents. 

Key Points: 
  • Aetna CVS Health Individual and Family Plans combine the quality health insurance coverage of Aetna®, with affordable care options at CVS Pharmacy® and MinuteClinic® locations to help members achieve their best health.
  • WOONSOCKET, R.I., Oct. 30, 2023 /PRNewswire/ -- Aetna, a CVS Health company (NYSE: CVS), is entering the individual insurance exchange marketplace in Maryland with its Aetna CVS Health co-branded insurance product, providing affordable access to health care for more Maryland residents.
  • Aetna CVS Health Individual and Family Plans combine the quality health insurance coverage of Aetna®, access to Aetna's network of primary care doctors, mental health providers, specialists and hospitals, and affordable care features at CVS Pharmacy® locations to help members achieve their best health.
  • Aetna CVS Health ACA exchange products bring together the coverage of Aetna and the convenience of CVS Health.