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Wednesday, September 10, 2025

CVS Unit Omnicare Taps Alvarez & Marsal for Operational Help

Omnicare Inc. is working with Alvarez & Marsal Inc. for help with its cash flow and operations after the pharmacy-services provider and its parent CVS Health were ordered to pay $949 million related to a drug-fraud suit, according to people familiar with the matter.

A representative for CVS declined to comment, while messages left with Alvarez were not returned.

https://www.bloomberg.com/news/articles/2025-09-10/cvs-unit-omnicare-taps-alvarez-marsal-for-operational-help

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