CVS Health to lay off 94 in patient billing consolidation

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CVS Health plans to cut 94 financial management positions as it consolidates and centralizes its patient financial services department, reports Tampa Bay Times.

The layoffs were contained to the billing and collections departments at CVS facilities in Tampa Bay, Fla. The pharmacy chain notified employees who were affected by the layoffs earlier this year.

According to a worker adjustment and retraining notice filed with the state of Florida, the cuts are effective Nov. 18.

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