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forbes.comA bankruptcy court approved the sale of CVS Health’s Omnicare long-term care pharmacy network to GenieRx in a $250 million deal. The transaction is the latest step in CVS Health’s effort to focus on its more profitable operations. The sale is expected to close later in 2026.
CNBCThe company reported adjusted earnings per share of $2.57 and revenue of $100.43 billion in the first quarter, exceeding Wall Street forecasts. All three business segments, including its insurance unit, retail pharmacy and health services division, surpassed expectations. The com…