CVS 2 quarter profit falls?!?!?!

Started by MountainPharmD
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MountainPharmD

MountainPharmD

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I am shocked such a well run company posted less than expected earnings....NOT!!!!!

http://finance.yahoo.com/news/CVS-2Q-profit-falls-announces-apf-2368978959.html?x=0&.v=3

Sweet! Get ready for another round of staffing cuts! The plan now is to have either one pharmacist cover two stores or have one technician cover four stores.

Sorry Aetna customers the saddest news is for you. Caremark will now administer your pharmacy benefits management services for the next 12 years. Sucks to be you!
 
MountainPharmD said:
I am shocked such a well run company posted less than expected earnings....NOT!!!!!

http://finance.yahoo.com/news/CVS-2Q-profit-falls-announces-apf-2368978959.html?x=0&.v=3

Sweet! Get ready for another round of staffing cuts! The plan now is to have either one pharmacist cover two stores or have one technician cover four stores.

Sorry Aetna customers the saddest news is for you. Caremark will now administer your pharmacy benefits management services for the next 12 years. Sucks to be you!
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Damn, so Costco employees who get their insurance from Aetna, will now have to go through Caremark and CVS to get their meds.
 
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Tom Ryan is the antichrist. His douchebaggery infects the rest of the management in CVS.
 
Doctor M said:
I dont think Aetna will go for the maintenance choice...😡 bastards
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My sister has Aetna with maintenance choice. She can get her three month supply at CVS or mail order caremark. She has decided for stop using mail order and use CVS.
 
owlegrad said:
I think you will really enjoy inpatient. 👍 Good Luck.
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I will, I was there in June on rotations. I called up the DOP (my preceptor) a few weeks ago to ask him if I could use him as a reference, and he replied "how about if you work here".

So basically we're just waiting for some budget space to open up once the other interns leave. Me and the other dude that were there in June are going to take their spots.
 
Sparda29 said:
I will, I was there in June on rotations. I called up the DOP (my preceptor) a few weeks ago to ask him if I could use him as a reference, and he replied "how about if you work here".

So basically we're just waiting for some budget space to open up once the other interns leave. Me and the other dude that were there in June are going to take their spots.
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Yeah, inpatent is a pretty sweet deal. The only parts that bother are the boredom that comes from having so little to do and the constant obsession with The Census. I have been send home early so many times because of that damn word. But still it's so nice not having the phone ringing off the hook or the drive-through bell going off. Not to mention the almost complete lack of interact with non-pharmacy humans, which has it's positives and negatives. Let us know how it goes.
 
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owlegrad said:
Yeah, inpatent is a pretty sweet deal. The only parts that bother are the boredom that comes from having so little to do and the constant obsession with The Census. I have been send home early so many times because of that damn word. But still it's so nice not having the phone ringing off the hook or the drive-through bell going off. Not to mention the almost complete lack of interact with non-pharmacy humans, which has it's positives and negatives. Let us know how it goes.
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Oh, there will be plenty of interaction with non-pharmacy humans (doctors, nurses, physical therapists, etc). Patient interaction is gonna be non existant since they all sit around playing bingo or sleeping all day.
 
Sparda29 said:
Oh, there will be plenty of interaction with non-pharmacy humans (doctors, nurses, physical therapists, etc). Patient interaction is gonna be non existant since they all sit around playing bingo or sleeping all day.
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I barely see any non-pharmacy people at my job (compared to CVS). Doctors swing by just long enough to sign off on anything that needs their John Handcock. I like most of our Docs, except they have a bad habit of keeping us waiting. Nurses...The less I see of them the better. Individually I am sure they are great people, but as a group - Yikes can they be hard to work with. They leave medication refrigerator doors open, open new insulin when perfectly good open insulin was just waiting for them in the fridge (which they didn't even need to open because it was already open!). Plus a nurse at the door just means more work for me. Same goes for the therapists.

Patient interact is non-existant as you mentioned. I avoid patients like the plague. All they ever want is something I can't help with. Never had a patient ask me to compare Vytorin to simvastatin. Plus they are sick/hospitalized so of course they are groumpy. That's assuming they still have their cognitive abilities left. Most times a patient manages to get my attention they are asking for help to the bathroom, water/food, or - my favorite - they are restrained in their wheelchair because they keep trying to stand up and end up falling, so they ask me for a pair of scissors to help cut them out. I'll get right on that Mr. Smith!
 
A more appropriate title for the article would be, "CVS back-room deals to force more Americans to get prescriptions from CVS."

Can anyone think of realistic measures that pharmacists (or the public) can take to undermine CVS' undeserved hegemony?

CVS' shameful, dubious tactics (e.g., CVS' diabetes advantage program, which is nothing but giving patients with diabetes twice as many "bucks" on their ExtraCare card, so that CVS can fleece its customers while providing no valuable professional service in return) could shock people, but there's no suitable way to use the mass media to make the public aware of such tactics.
 
genesis09 said:
My sister has Aetna with maintenance choice. She can get her three month supply at CVS or mail order caremark. She has decided for stop using mail order and use CVS.
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thanks for ruining my day...in all honesty...we are getting into LTC so caremark commercial ins has very little impact on us....screw em...
 
torchbearer said:
A more appropriate title for the article would be, "CVS back-room deals to force more Americans to get prescriptions from CVS."

Can anyone think of realistic measures that pharmacists (or the public) can take to undermine CVS' undeserved hegemony?

CVS' shameful, dubious tactics (e.g., CVS' diabetes advantage program, which is nothing but giving patients with diabetes twice as many "bucks" on their ExtraCare card, so that CVS can fleece its customers while providing no valuable professional service in return) could shock people, but there's no suitable way to use the mass media to make the public aware of such tactics.
Click to expand...

I'll bite. How does giving twice as many "bucks" for diabetic supplies rise to the level of fleecing?
 
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