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Revenue. 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.
Footnotes / references[ 2 ] 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 ...
CVS Caremark has been aggressively trying to grow its pharmacy-benefits-management business after suffering from some major setbacks in 2009-2010. High-profile contracts from CalPERS, Medco Health ...
GoodRx announced another big pharmacy benefits manager (PBM) partner Wednesday — CVS's Caremark — potentially lowering out-of-pocket costs for a huge swath of consumers.The duo is launching a ...
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The appointment made her the highest-ranking female CEO on the Fortune 500 list and the 40th female chief executive on the Fortune 500 list. [16] [17] Under Lynch's leadership, CVS Health administered the COVID-19 vaccine in more than 40,000 long-term care facilities and in CVS Pharmacy locations in 50 states, Puerto Rico and Washington, D.C. [18]
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 integrated healthcare systems (e.g ...
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