- At Analyst Day, CVS Caremark unveils host of new initiatives across the board — front-end, pharmacy, clinics and PBM
- Merlo: CVS Caremark positioned to 'effectively compete' in PBM industry
- Mike Bloom resigns from CVS/pharmacy, assumes president, COO role at Family Dollar
- CVS Caremark names Helena Foulkes EVP, chief healthcare strategy and marketing officer
- CVS Caremark names new president of CVS/pharmacy
WOONSOCKET, R.I. — The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark, will donate $25,000 to the American Red Cross to support the organization's tornado relief efforts in Oklahoma and Texas, the company announced on Thursday.
In addition, the Charitable Trust will match tornado relief donations to the Red Cross from CVS Caremark's employees up to an additional $25,000, resulting in a potential combined donation from the CVS Caremark Charitable Trust and CVS Caremark colleagues of at least $75,000.
"Our thoughts are with everyone in Oklahoma and Texas who have been affected by the recent devastating tornadoes," stated Larry Merlo, president and CEO of CVS Caremark. "The CVS Caremark Charitable Trust and the American Red Cross have partnered for several years to provide relief to communities impacted by natural disasters. We hope that the contributions of our private foundation and our colleagues will help these communities recover quickly."
CVS/pharmacy also has provided support for tornado relief efforts in Moore, Okla. The company donated more than $5,000 in food, water and personal care products to Feed the Children, an Oklahoma City-based nonprofit organization. Feed the Children has launched a campaign to aid tornado victims in the town of Moore.
Moore is home to two CVS/pharmacy stores and a MinuteClinic inside one of the CVS stores. The stores are open and serving the prescription and emergency supplies needs of the community. The CVS/pharmacy on SW 19th Street in Moore will remain open 24-hours-a-day to serve customers. The MinuteClinic also is open and staffed by nurse practitioners who are providing critically-needed healthcare services in the community, such as tetanus shots and dressing changes.
"The dedication of our colleagues who live and work in Moore to keep our locations open, along with our many other colleagues from nearby markets who are providing assistance in this community, is an inspiring realization of our organization's purpose to help people on their path to better health," Merlo said.