McKnight’s Long Term Care reports that pharmacy giant CVS Health posted a $2.56 billion loss for the most recent quarter and is blaming its lagging fortunes partly on the “deteriorating financial health of numerous skilled nursing facility customers.”
https://www.mcknights.com/news/cvs-blames-deteriorating-skilled-care-sector-for-poor-omnicare-performance-26-billion-quarterly-loss/article/787050/?utm_source=newsletter&utm_medium=email&utm_campaign=MLT_Weekly_20180810&hmSubId=9FJmuzk6jog1&email_hash=88abf056436633eef3326356ccb278b8