CVS Taps New Main Medical Officer As Major Care Can take Off

CVS Well being promoted Dr. Sree Chaguturu to be the company’s leading health practitioner as the retail drugstore chain and wellness coverage huge emphasizes the significance of primary treatment.

Chaguturu, who is 44 a long time old, is now the executive vice president and main health-related officer reporting to CVS president and main government officer Karen S. Lynch and will “be liable for advancing the optimum probable clinical top quality requirements, raising access to treatment, increasing affected person outcomes and minimizing in general overall health treatment expenditures across the company,” the organization said in asserting Chaguturu’s advertising Tuesday. He replaces Troyen Brennan who retired.

Chaguturu, who was previously chief health-related officer for the company’s pharmacy benefit management (PBM) company, CVS Caremark, will now oversee an array of health-related affairs for the Aetna well being insurance coverage small business, CVS Caremark, CVS Pharmacy, MinuteClinic, women’s wellness and genomics, affected person basic safety, health fairness, info and analytics, the corporation said.

“Since signing up for CVS Wellness in 2019, Sree has been an influential and revered clinical leader, serving as a dependable advisor for clients, users, and colleagues,” Lynch explained. “He played a critical function in the company’s pandemic response, like leading Return Prepared, our employer COVID-19 screening and vaccination providing.”

CVS, which is already identified for its MinuteClinics staffed by nurse practitioners, will be broadening its strategy into a “nationally-scaled subsequent era most important care design,” firm executives explained last December at the company’s annual trader working day.

CVS has presently been working on an increased edition of its HealthHUB places which dedicate more than 20% of the retail outlet to well being companies that involve new tough health care gear, provides and a variety of new product and service combinations. CVS is also incorporating hundreds of new individual care merchandise as effectively as extra products and services at its MinuteClinics in the health and fitness hub stores.

The moves arrive as CVS rivals Walgreens Boots

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CVS Wellness and Uber Well being associate on free health-related transportation to minimize barriers to treatment

CVS Wellness is continuing its tread on the route to wellness equity with a new partnership with Uber Health.

The collaboration, element of the pharmacy giant’s Wellness Zones initiative, will give folks in underserved communities no cost rides to health care care, function or education.

These rides, coordinated by Uber’s healthcare arm, will be readily available to large-chance populations in Atlanta Columbus, Ohio and Hartford, Connecticut, leveraging journey-sharing technological innovation to decrease limitations to care.

“We’ve lengthy acknowledged that obtain to dependable transportation can assistance handle essential gaps in treatment that usually disproportionately have an affect on susceptible communities. With the previous two years of the pandemic only additional highlighting today’s health and fitness inequities, it is really more essential than at any time for communities to have the equipment they need to bridge treatment gaps and reach improved client and populace health and fitness outcomes,” claimed Caitlin Donovan, world head of Uber Wellness, in a assertion. “Uber Health is very pleased to be a portion of CVS Health’s new Health and fitness Zones initiative and encourages neighborhood businesses to tackle transportation as a key social determinant of health although improving well being results in a scalable way.”

Linked: CVS Wellness taps new main health equity officer

Absence of transportation can be a substantial hurdle to in search of satisfactory health care care, forcing sufferers to hold off or skip appointments, which can direct to even worse overall health outcomes.

Uber Overall health released in 2018 to confront all those hurdles. A lot more than 2,000 wellness organizations use its HIPAA-compliant solution, according to the business.

It’s not the only ride-sharing application digging into health care. Lyft, Uber’s greatest journey-hailing competitor, expanded its providers last April to include things like non-unexpected emergency medical transportation paid out for by the wellness firm.

Related: Lyft Go for Health care lets sufferers e-book their own rides to the medical doctor

Uber also partnered with CVS’s rival Walgreens previous yr to give absolutely free rides to COVID-19 vaccinations at the competing retail chain’s shops and offsite vaccine clinics.

CVS’s Wellbeing Zones initiative, which invests in applications to deal with wellbeing disparities in large-risk communities, operates in 5 U.S. markets, with strategies to up that variety as the year progresses.

The initiative builds on the retail pharmacy’s overarching health and fitness equity endeavours, which contain advancing entry to COVID-19 tests and vaccinations and advertising

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CVS Well being to close hundreds of drugstores over next 3 years

CVS Health will shut hundreds of drugstores in excess of the future 3 yrs, as the overall health treatment large adjusts to modifying buyer wants and converts to new store formats

The organization claimed Thursday that it will shut about 300 stores a yr for the next 3 years, almost a tenth of its roughly 10,000 retail places as it reduces store count density in some spots.

CVS Wellbeing said it has been assessing inhabitants changes, shopper purchasing designs and foreseeable future health requires to “ensure it has the appropriate varieties of suppliers in the right locations.”

The company produced no information Thursday on wherever the closings will manifest. It did say they would begin upcoming spring.

Major drugstore chains routinely near underperforming outlets or shutter places for other small business wants. CVS rival Walgreens, for occasion, has shut various shops in San Francisco since 2019 owing partly to troubles with organized retail theft.

The progress of on line browsing has blunted the will need for CVS and Walgreens to work a wide community of drugstores that are just a couple of minutes’ generate from most American properties.

CVS Health also has neglected its retail enterprise and pushed some of its destinations “into the downward spiral of irrelevance,” GlobalData Managing Director Neil Saunders mentioned in an email.

“Too several outlets are trapped in the past with terrible lights, depressing interiors, messy merchandising, and a weak assortment of solutions,” Saunders claimed in an electronic mail. “They are not locations or destinations wherever people go out of anything other than necessity.”

CVS Wellness explained Thursday its retailers will be grouped into three versions.

Some will be regular pharmacies that give retail items as perfectly

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CVS Health: improving healthcare for women

American healthcare company CVS Health is the world’s seventh largest company by revenue, and as of March 2021 ranked at number 7 on the Fortune Global 500 list.

First established in 1963 under the name Consumer Value Store (CVS), it began primarily selling beauty products. Over the decades it has grown to operate a retail pharmacy chain,  pharmacy benefits manager CVS Caremark,  and acquired Aetna, a health insurance provider, among other brands. 

The company also has a big focus on research and analytics,  to help identify solutions that can reduce costs and improve outcomes. The organisation’s latest research, the 2021 Health Care Insights Study, revealed clear differences in the way men and women engage in their healthcare. It found that women are more proactive with general medical check-ups than men, as more women cited this as a reason for visiting their practitioner (73% vs. 58%).  

Dr Joanne Armstrong, Chief Medical Officer for Women’s Health and Genomics, says one of the reasons for this is that women traditionally have greater involvement in the healthcare decision-making of their families. “This means they have heightened awareness about the healthcare system in general. This vital role as a consumer and purchaser of healthcare products and services likely contributes to why female healthcare consumers are more active and engaged with their own health than males.” 

The study also found that men are more likely than women to seek out virtual care (64% vs. 46%). “Males reported that having the option of virtual care when getting routine care for a minor illness or injury was more important than it was for female respondents.  Women, on the other hand, are increasingly seeking individualised care, which aligns with their personal preferences, health concerns and needs” Armstrong explains. 

“More women than men want their doctors to be aware of their lifestyle choices, specifically their use or non-use of alcohol, their level of happiness and life satisfaction, and lifestyle habits that could impact their health.” 

Armstrong highlights that the COVID-19 pandemic has also revealed differences in healthcare between genders.  “Even though women often oversee the healthcare needs of their families, time and budget constraints can make it challenging for many women to practice self-care. The COVID-19 pandemic exacerbated this further, highlighting the need for better access, affordability and personalisation of care so that women can receive care when they need it, in the way they wish to

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