By Rob McLean and Cristina Alesci, CNN Business
(CNN) — CVS Health is returning more than $43 million it received from the federal government as part of coronavirus relief.
In a letter Tuesday to Health and Human Services Secretary Alex Azar, CVS chief executive Larry Merlo indicated his company received the funds as part of the CARES Act Provider Relief Fund. He said it was an automatic distribution from HHS and that CVS did not request the money.
The fund provides $175 […]
CVS Health says it'll return $43 million in federal #COVID19 relief money.
CEO Larry Merlo, in a letter to HHS Secretary Alex Azar, says the company didn't solicit the funds, but received them through automatic distribution from the CARES Act.
— WBZ NewsRadio (@wbznewsradio) May 20, 2020