CVS Health Corp at Leerink Partners Global Healthcare Conference Transcript

Feb 28, 2019 / 02:30PM GMT
Anagha A. Gupte - SVB Leerink LLC, Research Division - MD of Healthcare Services & Senior Research Analyst

All right. I'm going to get started. So thanks, everyone. Good morning. I'm Ana Gupte, I cover managed care and facilities as well as payor services for SVB Leerink. And it's my pleasure to have CVS management here: Larry Merlo; CEO, Eva Boratto, the CFO; we have Mike McGuire, who heads up IR; and Jen Gilligan as well. So we just have fireside chat format today, so I'm just going to dive into the questions and feel free, Eva and Larry, to give me color each of view.

Questions and Answers:

Anagha A. Gupte - SVB Leerink LLC, Research Division - MD of Healthcare Services & Senior Research Analyst

So I'm going to start first with the financials in the 2019, the guidance that you gave us a week ago. The stocks responded pretty negatively to the guidance. Can you give us any color, firstly on the headwinds and tailwinds that you had been talking about for the last month or so? And how many of those headwinds and tailwinds, firstly, if you go into
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