Content about Rhode Island

February 23, 2011
CVS/pharmacy supports UNCF's initiatives

CVS/pharmacy and the United Negro College Fund, a minority education organization, are teaming up to celebrate Black History Month and promote education in the retailer's stores nationwide.

February 23, 2011
CVS/pharmacy's Just the Basics line makes debut

As expected, CVS/pharmacy officially has introduced a new line of store-brand products called Just the Basics, which is comprised of household essentials. As previously reported by Drug Store News, the retailer unveiled plans to launch the new line during its 2010 analyst day in October.

February 18, 2011
CVS Caremark saluted for Pharmacy Advisor program

CVS Caremark announced on Friday that the Pharmacy Benefit Management Institute awarded the company and its PBM client, ArcelorMittal, the 2011 Rx Benefit Innovation Award. The award recognizes the Pharmacy Advisor program, which was developed by CVS Caremark to manage costs, improve medication adherence and close gaps in care for members with diabetes.

February 16, 2011
CVS/pharmacy weighs in with lifestyle program for ExtraCare members

In an effort to encourage healthy lifestyles among consumers, CVS/pharmacy and Weight Watchers have developed a mutually beneficial rewards program.

February 8, 2011
CVS/pharmacy hopes to set hearts aflutter this Valentine's Day

CVS/pharmacy is positioning itself as a go-to shopping destination this Valentine's Day.

February 3, 2011
CVS' Q4 driven by same-store sales, Maintenance Choice

CVS Caremark announced on Thursday an increase in fourth-quarter same-store sales and a boost in retail pharmacy revenues as pharmacy comparable-store sales benefited from the Maintenance Choice program.

February 3, 2011
Merlo puts stamp on his leadership in fourth-quarter earnings call

What will define success for CVS Caremark in the years ahead? If you ask incoming CEO Larry Merlo, it all comes down to three things: flawless execution, cross-functional thinking and management, and enhancing value. Not coincidentally, those are three key reasons Merlo inherited the top spot at the company.

February 1, 2011
CVS' Foulkes named vice chairwoman of R.I.'s EDC board

Rhode Island Gov. Lincoln Chafee last week appointed Helena Foulkes, EVP and chief marketing officer for CVS Caremark, to the R.I. Economic Development Corp. board of directors, according to published reports.

February 1, 2011
CVS’ innovations far from ‘Just the Basics’ with Bloom at helm

WOONSOCKET, R.I. — Looking for a merchant known for the ability to swiftly understand the big picture and move into action? Look no further than Mike Bloom of CVS/pharmacy.


February 1, 2011
NewsBytes on CVS’ Merlo, Walmart health efforts, Michel now at Sears and more

WOONSOCKET, R.I. — The next chapter for CVS Caremark officially is under way. The company last month officially named Larry Merlo CEO, effective March 1. Tom Ryan will remain nonexecutive chairman until his retirement in May. Prior to the news, Merlo had been president and COO.

January 24, 2011
Merlo to assume CEO role at CVS Caremark

The next chapter for CVS Caremark officially is under way as the company announced on Monday the next stage of its previously announced transition plan and officially named Larry Merlo, president and COO, as CEO, effective March. 1.

January 19, 2011
Patients split on filling 90-day Rx's at retail or through mail-order

When consumers are offered a cost-neutral choice to fill their 90-day prescription medications in a retail store or through a mail-order pharmacy, they tend to split their preferences, largely depending on their past experiences, according to the findings of a first-of-its-kind study from CVS Caremark.

January 18, 2011
CVS' Bloom, Baker to lead chain's retail business on interim basis

CVS Caremark has pulled the plug on its plan to hire former Walmart exec Hank Mullany, and is handing the keys to its retail business on an interim basis to Mike Bloom, EVP merchandising and supply chain, and Scott Baker, EVP internal operations and real estate, who will assume management for the company’s 7,100-plus stores.

January 12, 2011
Acute visits climb as MinuteClinic preps for rapid growth phase

CVS Caremark's retail-based clinic operator, MinuteClinic, is experiencing exponential gains in utilization and posted a 22% increase in acute visits during the past year, Larry Merlo, CVS Caremark president and COO, told investors Wednesday during the J.P. Morgan Healthcare Conference.

January 11, 2011
CVS increases quarterly dividend by nearly 43%

Marking its eighth consecutive year of dividend increases, CVS Caremark on Tuesday said its board of directors approved a near 43% increase of its quarterly dividend to 12.5 cents per share of common stock.

January 11, 2011
Many Americans still haven't received their flu shot

Despite an increase in flu activity, a recent CVS/pharmacy survey showed that 56% of respondents still had not received their flu shot, although 93% were aware that there already have been reported cases of the flu this season, the pharmacy retailer stated.

January 11, 2011
Older physicians less likely to prescribe generic medications

While a majority of physicians are comfortable with generic medications, there is a small segment who still have negative perceptions about the effectiveness and quality of generic drugs, and that may lead to doctors prescribing unnecessarily expensive medications, according to a new study by researchers at Harvard University, Brigham and Women's Hospital and CVS Caremark.

January 10, 2011
'Pharmacy home' can help organize medication management

The healthcare system needs to find ways to help patients with such complex therapies as chronic heart disease to simplify and centralize their medication management and create a "pharmacy home" to improve medication adherence, according to a new study conducted by researchers from Harvard Medical School, Brigham and Women's Hospital and CVS Caremark.

January 6, 2011
Adherence among chronic disease patients can lead to big savings

Patients with one or more out of four chronic diseases studied who take their medications as prescribed may save the healthcare system as much as $7,800 per patient annually, according to findings of a new CVS Caremark study analyzing annual pharmacy and medical costs over a three-year period.

January 6, 2011
Shaw's to close five stores

Shaw’s Supermarkets, a Supervalu banner, on Wednesday announced five store closures in the coming week — three in Massachusetts and two in Rhode Island — according to published reports.

January 5, 2011
CVS boosts ExtraCare program with Beauty Club

As announced at CVS Caremark's 2010 analyst meeting in October and reported by Drug Store News, the company's retail division is extending its successful ExtraCare loyalty program by officially launching the new ExtraCare Beauty Club, the first-ever beauty club program for the retail pharmacy industry.

January 3, 2011
CVS Caremark acquires Universal American

CVS Caremark is more than doubling the size of its Medicare Part D program by acquiring the Medicare Part D business of Universal American for roughly $1.25 billion.

December 23, 2010
Study: More research needed to improve patient medication adherence

The industry has a lot to learn in order to determine how to most effectively use electronic communications to improve patient medication adherence, as few studies show how health information technology can be leveraged to motivate patients to take medications as prescribed, according to research sponsored by CVS Caremark.

December 22, 2010
Adherence is boosted by face-to-face contact, study finds

Pharmacists at a retail pharmacy are the most influential healthcare "voice" in getting patients to take their medications as prescribed, followed by nurses talking with patients as they are discharged from a hospital, according to research sponsored by CVS Caremark.

December 21, 2010
2010 CVS Caremark Charity Classic boosts nonprofits

The work of 62 nonprofit organizations in Rhode Island and Massachusetts received a boost with support from funds generated by the 2010 CVS Caremark Charity Classic.

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