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Effective for the first quarter of 2023, the corporate realigned the composition of its segments to correspond with modifications made to its working product And exactly how the company is managed. On account of this realignment, the Company fashioned a brand new Health and fitness Solutions phase, which In combination with giving a full number of PBM methods, also delivers health treatment services in the organization's professional medical clinics, pretty much, and in the home, as well as provider enablement methods. Additionally, the business made a fresh Pharmacy & Client Wellness segment, which incorporates its retail and extended-expression treatment pharmacy functions and related pharmacy products and services, together with its retail entrance shop functions.
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These raises were partially offset by $507 million of restructuring expenses and $487 million of acquisition-connected transaction and integration costs recorded in The present yr, the absence of pre-tax gains of $250 million around the sale of bswift and $225 million around the sale of PayFlex Holdings, Inc. ("PayFlex") recorded during the prior calendar year, as well as the decreases in modified functioning cash flow described underneath.
(9) Health Companies pharmacy network revenues relate to promises loaded at retail and specialty retail pharmacies, including the Company's retail pharmacies and LTC pharmacies. Productive January 1, 2023, pharmacy network revenues also include things like exercise associated with Maintenance Alternative, which permits eligible customer approach users to fill their servicing prescriptions through mail order shipping or at a CVS pharmacy retail retailer for a similar value as mail get.
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