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(five) Pharmacy statements processed represents the quantity of prescription claims processed in the Company's pharmacy Added benefits supervisor and dispensed by possibly its retail network pharmacies or the Company's mail and specialty pharmacies. Prescriptions crammed represents the volume of prescriptions dispensed throughout the Pharmacy & Purchaser Wellness section's retail and very long-term treatment pharmacies and infusion products and services operations.
The Company's acquisition actions have resulted within the recognition of intangible assets as needed under the acquisition approach to accounting which consist mostly of emblems, client contracts/relationships, covenants to not compete, know-how, supplier networks and price of business enterprise obtained. Definite-lived intangible property are amortized more than their approximated beneficial lives and therefore are tested for impairment when occasions suggest that the carrying value might not be recoverable. The amortization of intangible assets is mirrored within the condensed consolidated statements of operations in running expenditures in just Every single section. Despite the fact that intangible assets contribute to the corporation's profits generation, the amortization of intangible property does not directly relate for the underwriting 47 cash of the corporation's insurance plan items, the providers executed for the organization's clients or maybe the sale of the business's goods or services.
Cautionary assertion relating to forward-searching statements The Private Securities Litigation Reform Act of 1995 provides a secure harbor for forward-searching statements produced by or on behalf of CVS Health and fitness Company. Statements On this press release that happen to be forward-seeking contain, but usually are not limited to, Ms. Lynch's quotation, the knowledge underneath the headings "2024 Entire-yr guidance" and "From the spotlight" and the information included in the reconciliations and endnotes. By their mother nature, all forward-wanting statements are certainly not guarantees of upcoming effectiveness or outcomes and they are topic to pitfalls and uncertainties which are challenging to forecast and/or quantify.
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