Exclusive-CVS to exit core infusions services business, job cuts possible

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CVS Health News

Shelly Bandit,Company Spokesperson,Infusion Services

CVS Health is exiting its core infusion services business and plans to either close or sell 29 related regional pharmacies in the coming months, a company...

A logo of CVS Health is displayed on a monitor above the floor of the New York Stock Exchange shortly after the opening bell in New YorkNEW YORK - CVS Health is exiting its core infusion services business and plans to either close or sell 29 related regional pharmacies in the coming months, a company spokesperson confirmed to Reuters on Friday.

The company on Oct. 8 stopped taking new patients seeking antibiotics, drugs supporting muscular health, and intravenous nutrition services, Shelly Bandit, a senior manager of corporate communications, told Reuters."Providers of infused medications have continued to face a challenging environment for their most highly specialized, complex services, and Coram has not been immune to these challenges," Bandit added.

She said the company has not yet announced any workforce reductions and that any impacted employees would be notified in mid-November with the roles ending in January. There’s terror in both cacophony and silence, and Blitz is most arresting when it exploits the interplay between the chaotic and the tranquil to suggest the seesawing insanity of the Nazis’ September 1940 bombing campaign against London.Director Steve McQueen’s second straight WWII effort following his 262-minute 2023 documentary Occupied City, the formally accomplished film is an immersive descent into a hell of fear, death, and separation.

 

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