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What is CVS Caremark?
CVS Caremark Corporation is now known as CVS Health Corporation, a healthcare company. CVS stands for Convenience, Value and Services. It is publicly owned company that engages in the retailing of pharmaceutical products. The company provides healthcare, pharmacy, retail and benefit management services. CVS Health Corporation is headquartered in Woonsocket, Rhode Island, United States.
CVS Caremark History
The company started its business operations in the year 2007 with the conjoin of CVS Pharmacy
and Caremark Rx. After establishment, Cvs Caremark
acquired 541 longs drug stores and provides CVS pharmacy across California region. CVS Caremark's stock is traded under the 'CVS' symbol on the New York stock exchange. Additionally, it is listed in the list of Fortune Global 500. In the year 2013, CVS Caremark ranked on the 40th position in Fortune Global 500 companies.
CVS Caremark Corporation operates its business operations into four segments such as CVS/pharmacy, MinuteClinic, CVS Caremark Pharmacy and CVS/Specialty. CVS/pharmacy serves as largest pharmacy chain retailer and operates more than 7,700 stores in forty-two U.S. States, Puerto Rico and the District of Columbia. MinuteClinic is the biggest walk-in medical clinic in the country that has presence in over 570 locations in twenty-nine U.S. states and District of Columbia. CVS Caremark serves as pharmacy benefit Management Company, which provides above 2,000 health care plan and services. CVS/Specialty segment serves to people in rare and complex condition and operates 24*7/365 days.
CVS Caremark Corporation serves to the customers through a national retail pharmacy network with over 68,000 participating pharmacies, longs drug stores as well as mail order and specialty pharmacies. The company also sells its products online VIA
online pharmacy named CVS.com. According to December 2013 records, CVS Caremark Corporation had approximately Revenue
US$ 126.761 billion and employs more than 208,000 employees.