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US$ 36.7 billion (2006) Number of employees. 13,628 (2005) Parent. CVS Health. Website. www.caremark.com. CVS Caremark (formerly Caremark Rx) (stylized as CVScaremark, previously CVS / caremark) is the pharmacy benefit management subsidiary of CVS Health, headquartered in Woonsocket, Rhode Island.
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] The chain was owned by its original holding company Melville Corporation from ...
Specialty pharmacy refers to distribution channels designed to handle specialty drugs — pharmaceutical therapies that are either high cost, [1][2][3] high complexity [3] and/or high touch. [2] High touch refers to higher degree of complexity in terms of distribution, administration, or patient management which drives up the cost of the drugs.
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CVS Caremark’s business suffered a significant blow over the summer when a major California health insurer, Blue Shield of California, announced it will no longer use the company as its pharmacy ...