CVS Health will begin administering COVID-19 vaccinations at long-term health facilities this week

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CVS Health Corp. said Monday that it will begin COVID-19 vaccinations at long-term health facilities in Connecticut, Florida, Kentucky, Maine, Maryland, Nevada, New Hampshire, New York, Ohio, Oklahoma, Oregon, and Vermont this week. On Dec. 28, 36 more states and the District of Columbia will follow. Vaccinations in Puerto Rico will begin Jan. 4. CVS says it expects to vaccinate 4 million residents and staff through the program. CVS will make three visits with most residents vaccinated within three-to-four weeks of the first visit. The effort should be complete within 12 weeks. Ultimately, CVS will be able to administer the vaccine to the wider population at CVS Pharmacy locations, by appointment only. The company says it will be able to give 20 million to 25 million shots per month. CVS stock has fallen 6.7% over the last year while the S&P 500 index has gained 15.2% for the period.
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