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The top 25 pharmacy chain stores represent about 38,000 pharmacy locations in the U.S. and employ about 149,000 on-staff pharmacists. California has 8,015 pharmacies, the most of any state. Texas , Florida , New York , and Pennsylvania round out the top five states for pharmacy locations. [ 1 ]
CVS Health Corporation. CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the world's second largest healthcare company, behind UnitedHealth Group.
CVS bought the 521 Longs locations to expand its presence on the West Coast, primarily in California. The acquisition also included access to the Hawaii market. CVS Health paid a total of $2.54 billion to acquire all outstanding shares of Longs Drugs, and hoped to save upwards of $100 million in 2009 and $140–$150 million in 2010 in expenses ...
CVS Health (1996–present) Website. cvs .com. Footnotes / references. [ 5] CVS Pharmacy, Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. [ 6] Originally named the Consumer Value Stores, it was founded in Lowell, Massachusetts in 1963. [ 7]
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A CVS Pharmacy location in California. The Federal Trade Commission says that healthcare conglomerates such as CVS, UnitedHealth and Cigna are finding new ways to raise prices on prescription drugs.
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