YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
CVS Health plans to return $43.3 million in coronavirus stimulus funds it received from the federal government.
"As you know, CVS Health did not solicit these funds but received them as part of an automatic distribution by the Department of Health and Human Services," CVS President and CEO Larry Merlo wrote to federal officials. "We have made the decision to return the funds and forgo participation in subsequent disbursements."
Merlo also said CVS plans to establish an additional 1,000 COVID-19 testing sites at select pharmacy locations by month's end.
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