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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 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.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 ...
Formulary (pharmacy) A formulary is a list of pharmaceutical drugs, often decided upon by a group of people, for various reasons such as insurance coverage or use at a medical facility. [1] Traditionally, a formulary contained a collection of formulas for the compounding and testing of medication (a resource closer to what would be referred to ...
The list and notes are based on the 19th to 23rd edition of the main list. [4] [12] [14] [17] [27] Therapeutic alternatives with similar clinical performance are listed for some medicines and they may be considered for national essential medicines lists. [17] [18] The 9th Essential Medicines List for Children was updated in July 2023. [23] [28]
Specialty drugs in the United States. Specialty drugs or specialty pharmaceuticals are a recent designation of pharmaceuticals [1][2] classified as high-cost, [3][4][5] high complexity and/or high touch. [4] Specialty drugs are often biologics [3][6] —"drugs derived from living cells" [7] that are injectable or infused (although some are oral ...
Pharmacy benefit management. In the United States, a pharmacy benefit manager (PBM) is a third-party administrator of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans. [1][2] PBMs operate inside of ...
In the past, Congress authorized the Secretary of HHS to request USP to develop a drug classification system that Medicare Prescription Drug Benefit plans may use to develop their formularies, [6] and to revise such classification from time to time to reflect changes in therapeutic uses covered by Part D drugs and the addition of new covered ...
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