Content about Caremark Rx

March 9, 2012

Anchored by more than 7,300 stores, 650 clinics and the nation's second-biggest PBM, CVS Caremark is unlike any other company. President and CEO Larry Merlo tells DSN why that matters to payers.

October 11, 2011

CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts. Now, the industry trailblazer embarks on a new chapter with a new leader and an eye on driving medication adherence, curbing healthcare costs and improving the health outcomes of its patients.

May 17, 2012

CVS Caremark, through its All Kids Can program, announced on Thursday a partnership with Cedars-Sinai to expand the medical center's Coach for Kids and Their Families program to provide health services to more vulnerable children in South Los Angeles who otherwise would not have access to health services, including immunizations and dental screenings.

May 16, 2012

CVS Caremark, along with CVS Charity Classic co-hosts Brad Faxon and Billy Andrade, unveiled on Monday the field for the Charity Classic's 14th anniversary edition.

May 16, 2012

CVS Caremark has aggressively set its sights on enhancing medication adherence, and the initiatives are paying off as the company estimates that its PBM clients saved nearly $2.4 billion in 2011 because of improved medication adherence for chronic conditions, according to findings of its annual Insights Report.

May 14, 2012

MinuteClinic, which is owned by CVS Caremark, announced on Monday that it has joined a coalition of organizations dedicated to raising diabetes awareness among families on Chicago's South Side.

May 10, 2012

It was a rainy Thursday morning in Woonsocket, R.I., but that didn’t dissuade CVS Caremark stockholders from flocking to the company’s sprawling headquarters to attend its annual meeting of stockholders — an event that proved to be one filled with optimism as president and CEO Larry Merlo provided key highlights of 2011 and discussed how the company is reinventing pharmacy and capitalizing on its “integration sweet spots.”

May 10, 2012

CVS Caremark announced on Tuesday the release of its 2011 corporate social responsibility report.

May 10, 2012

MinuteClinic announced on Thursday the debut of two walk-in medical clinics inside CVS/pharmacy stores located in San Antonio.

May 4, 2012

Two speakers at the American Telemedicine Association’s annual meeting last week had positive words for the convenient care industry and essentially told attendees what Drug Store News has been saying for some time: Retail clinics are poised for significant growth.

May 3, 2012

The recent loss of business from a key specialty pharmacy customer and the continued deluge of generic introductions will represent significant challenges for Cardinal Health in fiscal year 2013 as it approaches the year-end of its fiscal 2012, company executives told analysts during a conference call Thursday morning.

May 2, 2012

CVS Caremark president and CEO Larry Merlo told analysts Wednesday morning that he was “very pleased” with the company's first quarter, as results across both the retail and pharmacy benefit management segments came in at the high end of expectations, and its integrated assets continue to demonstrate success and improve patient lives.

May 2, 2012

CVS Caremark announced on Wednesday that it is supporting Million Hearts during National High Blood Pressure Education Month in May through a number of patient-focused initiatives.

April 25, 2012

CVS Caremark announced today its partnership with The Miracle Project, a nonprofit organization that creates social skills programs for children with autism through the performing arts, to expand The Miracle Project School Inclusion Program to public schools in San Diego and San Jose, Calif.

April 23, 2012

The National Association of Chain Drug Stores has elected new officers for the coming year.

April 22, 2012

The Drug Store News Group on Sunday co-hosted a breakfast with CVS Caremark. Larry Merlo, CVS Caremark president and CEO, shared with attendees CVS’ focus on leveraging personalization opportunities, through both marketing and assortment, to engender loyalty. And suppliers were introduced to new CVS/pharmacy president Mark Cosby and chief merchant Judy Sansone.

April 21, 2012

CVS Caremark’s Judy Sansone and Ahold’s Joanne Leonardi headlined Friday morning’s Mack Elevation Forum.

April 17, 2012

Medicare Part D beneficiaries with cardiovascular conditions who had no financial assistance during the "doughnut hole" coverage gap were 57% more likely to discontinue their cardiovascular medications than those beneficiaries who had consistent drug coverage, according to a study conducted by researchers from Harvard University, Brigham and Women's Hospital and CVS Caremark.

April 13, 2012

“You vs. Flu … you win with a flu shot!” Of course, patients aren’t the only winners now that pharmacies are actively touting their flu shot and other vaccination services. It’s quick. It’s easy. And it’s driving the number of flu shots delivered each season. 


April 9, 2012

CVS Caremark has confirmed that Stuart McGuigan, SVP and CIO, will be leaving the company April 13.

April 6, 2012

CVS Caremark announced on Friday that it has been named as one of the most reputable companies in America by Reputation Institute, in partnership with Forbes Media.

April 4, 2012

CVS/pharmacy officially announced on Wednesday the April schedule of Project Health (Proyecto Salud in Spanish), a wellness program delivering more than $21 million worth of free health screenings to multicultural communities throughout 2012.

April 4, 2012

Rob Price, CVS/pharmacy’s SVP and chief marketing officer, has been named to the Aspen Institute's 2012 Class of Henry Crown fellows.

April 2, 2012

“Straight over the cliff.” That may be the destination for many independent pharmacies now that the Federal Trade Commission has unconditionally approved the controversial merger of the nation’s second- and third-largest pharmacy benefit managers, a top pharmacy leader warned.

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