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Posted: May 20, 2020 10:34 AM
Updated: May 20, 2020 12:43 PM


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 billion to hospitals and healthcare providers involved in the coronavirus response, according to the HHS website.

"We have made the decision to return the funds and forgo participation in subsequent disbursements," Merlo said. "In doing so, we hope to help HHS provide additional support to other providers who are facing significant financial challenges as a result of the pandemic."

CVS Health has continued to operate through the pandemic. In March, the company indicated it would hire 50,000 people across the United States.

And in April, the company announced it would expand Covid-19 testing capabilities.

Still, the pandemic has weighed heavily on the company's stock, as it has on the rest of Wall Street. Shares of CVS are down more than 14% since the beginning of the year.

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 33558

Reported Deaths: 2110
CountyConfirmedDeaths
Marion9616571
Lake3538185
Cass15897
Allen145168
St. Joseph124834
Elkhart116328
Hendricks116171
Hamilton115693
Johnson1093108
Madison58559
Porter51627
Bartholomew50034
Clark49241
LaPorte42423
Howard39526
Tippecanoe3903
Jackson3791
Delaware37736
Shelby36822
Hancock32728
Floyd31839
Boone30935
Morgan27824
Vanderburgh2652
Montgomery23517
White2318
Decatur22431
Clinton2231
Noble21121
Grant20621
Harrison19221
Dubois1923
Henry16910
Greene16824
Monroe16612
Warrick16628
Dearborn16621
Vigo1648
Lawrence15423
Miami1411
Putnam1367
Jennings1304
Orange12522
Scott1193
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Spencer191
Parke170
Posey160
Gibson142
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Ohio130
Warren121
Martin110
Vermillion100
Union80
Pike60
Unassigned0164

Ohio Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 34566

Reported Deaths: 2131
CountyConfirmedDeaths
Franklin5674256
Cuyahoga4318226
Marion265728
Hamilton2603147
Lucas2202240
Pickaway205036
Mahoning1405173
Summit1380172
Butler86229
Columbiana73951
Stark71691
Lorain67259
Montgomery65117
Trumbull56248
Belmont41912
Warren35920
Miami35530
Tuscarawas3393
Ashtabula33034
Medina32823
Portage32257
Delaware32013
Lake30212
Wood28546
Geauga27732
Wayne26650
Fairfield2586
Clark2526
Licking23010
Allen21232
Clermont2065
Mercer2037
Richland1973
Erie16711
Darke16721
Madison1527
Washington11819
Crawford1104
Morrow1051
Greene1015
Ottawa9513
Putnam9014
Monroe7712
Sandusky7311
Auglaize713
Hocking694
Ross682
Jefferson672
Huron561
Williams541
Union511
Muskingum500
Hancock501
Hardin450
Clinton430
Fayette400
Shelby403
Wyandot392
Fulton390
Coshocton380
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Guernsey340
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Lawrence300
Brown281
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