Beginning in June, CVS Health has a goal of processing up to 1.5 million COVID-19 tests per month, subject to availability of supplies and lab capacity.
CEO Larry Merlo spoke to Michael Strahan about plans to expand testing availability nationwide, noting that by June, the company will have the capacity to test 1.5 million Americans every month.
CVS Health expects to have up to 1,000 drive-thru COVID-19 testing site locations by the end of May, with the goal of processing up to 1.5 million tests per month.
CVS Health’s retail/long-term-care segment saw revenues of $22.7 billion for the quarter, driven partially by an 8% uptick in front-store sales and an 8.2% increase in prescription fills.
CVS Health is providing nearly $1.5 million in grants to help four local nonprofit organizations in California expand access to telehealth services, to address food insecurity, and support the state’s paramedics and EMTs.