CVS Health rode double-digit sales growth from drugstores and its pharmacy benefits management business to a better-than-expected third quarter.
The health care giant also hiked its 2025 forecast well above Wall Street estimates. But it booked a nearly $6-billion charge in the quarter for scaling back a care delivery business it expanded two years ago .
The company said Wednesday that it filled more prescriptions at drugstores, partially due to added business from customers of the defunct Rite Aid chain. Sales also rose 9% in the company's health insurance arm, which CVS said was helped by improvements to government business that involves Medicare and Medicaid coverage.
But the company recorded a $5.7-billion goodwill impairment charge for its care delivery business, which includes

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