CVS has 10,000 Employees Ready to Vaccinate Nursing Homes | Financial Buzz

CVS has 10,000 Employees Ready to Vaccinate Nursing Homes

CVS Health (NYSE: CVS) CEO, Larry Merlo, announced the company is set to administer COVID-19 “vaccines into the arms of some of our most vulnerable populations” in as little as 24 to 48 hours after receiving its doses. CVS is actively hiring health care workers to aid in the distribution of the vaccines once approved by the Food Drug Administration.

 

“We’re ready to go. We’re in great shape and as I mentioned, people are excited to be an important part of this solution,” Merlo said Thursday in an interview on CNBC’s “Squawk Box.”

According to the Center for Disease Control and Prevention, Health-care workers, residents and staff within long-term care facilities are to be prioritized when it comes to administering the COVID-19 vaccine. Nevertheless, the final call on who receives the first shots is made by each state and jurisdiction.

Merlo revealed the company has 10,000 health care professionals on call to administer the vaccines within nursing homes as well as assisted living centers. He added that CVS “has been hiring individuals since this pandemic began” to aid in COVID-19 testing.

“Pending approval, I’m confident that we’ll be in thousands of facilities before the Christmas holiday,” he said.

The government finalized an agreement with both CVS and Walgreens to administer the vaccines to nursing home residents and staff across the country. According to the Department of Health and Human Services, the vaccines are set to be free and will be carried out within on-site clinics located in each facility.