Former President & Chief Executive Officer, Cvs Health
Search every verified Larry Merlo interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Larry Merlo, former President and CEO of CVS Health, stated that the company was prepared to begin administering COVID-19 vaccinations within 48 hours of receiving a vaccine allocation. He said that CVS had been working with Operation Warp Speed and the CDC, and that the company's first involvement would be in long-term care facilities, with 10,000 healthcare professionals ready to administer the vaccine. Merlo also noted that CVS had conducted over seven million COVID-19 tests and had built mobile kiosks to bring testing to underserved communities. Merlo discussed CVS Health's acquisition of Aetna, describing it as an opportunity to create a new healthcare platform that is simpler and less expensive for consumers. He said that the combination of CVS and Aetna would allow the company to become more of a healthcare destination, addressing chronic disease management and reducing overall healthcare costs. Merlo also addressed the opioid crisis, stating that CVS would "vigorously defend" its actions and that the company was not "on the hook" for the crisis.
“We have been working with Operation Warp Speed for the last several months and the military personnel have just been absolutely fantastic to work with. They're apolitical, they're materials and logistics experts, and I couldn't be more pleased with the transparency, the engagement, and the dialogue, the planning dialog...”
“Our first involvement is going to be with the long-term care facilities. Upon our receipt of that allocation, we'll be in those long-term care facilities in the first 24-48 hours upon receipt of vaccines into the arms of some of our most vulnerable populations.”
“We've been hiring individuals since this pandemic began. In the next week or so, we'll be at nine million COVID tests administered in communities across the country, including many of our underserved communities where we've been able to bring access to testing to minority populations.”
“The Pfizer vaccine has the deep freeze requirements, and we have been working with Warp Speed. That vaccine will be distributed in special thermal shippers that can be re-iced every five days, three times, which gives it a life cycle of 15 days, and then an additional five days under normal refrigeration capability. We...”
“We have been working closely with Operation Warp Speed in the CDC for several months now and you know our first involvement in terms of administering the vaccine will be in long-term care facilities. We have the systems, we have the processes, we have built the logistics directly for the COVID vaccine and we just recei...”
“We have reached out to the Biden COVID task force, we've talked about the role that we have been playing in fighting the virus, the role that we played in testing all across the country, the fact that we've now tested more than seven million Americans for COVID, the plans that we have to play an important role in admin...”
“We have come a long way from that very first testing site in Shrewsbury, Massachusetts back in March. We now have 4,300 testing sites, most at CVS pharmacy drive-through locations. We have seen the demand for testing increased substantially over the last 10 days and we're continuing to roll out additional testing sites...”
“This month marks our two-year anniversary of CVS and Aetna coming together as one company and I could not be prouder of the work of the organization over the last two years. The integration activities are complete, the company is operating as one company with an enterprise lens and I think the big news today on the ear...”
“The strategy is being validated with our results, seven consecutive quarters of meeting and beating expectations. You know we're really defining what omni-channel for health really means in our country and you know the need to meet people where they are whether it's in the community in their home or in the palm of thei...”
“I firmly believe that you know the model that we have built, this omni-channel for health being in the community in the home in the palm of your hand, you know we will be there to be part of that solution.”
“The pandemic has hit Black and Brown communities especially hard, and this has been further magnified by an overdue reckoning of racial inequality across all aspects of our society. At CVS Health, we have long recognized that how well and how long you live are often shaped by where you live, and analysis has shown that...”
“As an organization, we've committed about $600 million to build on existing programs to make new investments to address racial inequality and social determinants of health in Black communities, and reinforce existing programs that have worked in terms of providing solutions, including providing pathways to the workforc...”
“We've seen several polls that now speak to the African-American communities as being the least likely to say that they would get a COVID-19 vaccine once it becomes available, and the partnerships that I alluded to with community health organizations and experts together we can help promote the importance of inoculation...”
“We now have more than 4,000 drive-through testing locations in communities all across the country. We've now tested more than 5 million individuals, not just in our retail sites, but we've also gone into underserved communities. We know that the virus has disproportionately affected minority populations and we've worke...”
“We've given bonuses to our frontline workers. We've also provided resources around dependent care, child care, to help them in that period of time where shelter in place orders were in effect largely across the country. We worked hard to take the challenge between doing what was right from a health point of view and ha...”
"""Reinventing Pharmacy: Expanding the Front Lines of Health Care"" Hosted by Karen Kaplan, President, Hill Holliday "
CVS Health CEO Larry Merlo joined "Squawk Box" on Thursday to discuss how the company is preparing to rollout the nationwide distribution of the coronavirus vaccine once it receives emergency-use authorization. "We'll be in those long-term care facilities in the first 24-48 hours upon receipt," Merlo said. "We've got 10,000 of our dedicated healthcare professionals that are ready to go and they are excited to be an important part of the solution." For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi CVS Health Chief Executive Larry Merlo said the com…
Larry Merlo says the company can begin vaccinating patients within about 48 hours of receiving a vaccine.
Larry Merlo, CVS Health CEO, joins 'Closing Bell' to discuss his decision to resign during a pandemic, the company's quarterly earnings, Covid-19 testing at the stores and the election impact on the pharmaceutical industry. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi CVS Health reported a better-than-expected 3.5% jump in third-quarter revenue and raised its 2020 earnings guidance on Friday as its plan to remake the drugstore chain into a health services company paid off. Offering everything from insurance to Covid-19 testing, the health-ca…
"Driving Innovation in the New Health Care Landscape" - Karen S. Lynch, EVP, CVS Health & President at Aetna & Larry Merlo, President and CEO at CVS Health with moderator Debra Richman, Managing Director, Alvarez & Marsal
As president & CEO of CVS Health, one of the largest health-care companies in the U.S., Larry Merlo says he puts consumers at the center of every decision his company makes. How does that focus on the consumer and lessons learned throughout the pandemic guide his thinking for the future? Washington Post columnist David Ignatius talks with Merlo about his company’s strategy and what’s next for the health-care industry. Join Washington Post Live on Friday, Oct. 23 at 12:00 p.m. ET. Washington Post Live is the newsroom’s live journalism platform, featuring interviews with top-level government o…
CVS has tested over 2 million Americans for Covid-19 through the end of July. Larry Merlo, CVS Health CEO, joins "Closing Bell" ...
Larry Merlo says the pharmacy chain began testing in March, and is looking to make the process easier and more widely available. Subscribe to GMA's YouTube page: https://bit.ly/2Zq0dU5 Visit Good Morning America's homepage: https://www.goodmorningamerica.com/ Follow GMA: Facebook: / goodmorningamerica Twitter: / gma Instagram: / goodmorningamerica Watch full episodes of GMA: http://abc.go.com/shows/good-morning-... https://hulu.tv/2YnifTH #GMA #CVS #Retail
CVS Health CEO Larry Merlo said the health retailer received validation that its strategy to make health care local is working. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2JdMwO7 » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the…
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