CVS Health Corp - Company Profile
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CVS Health Corp (CVS Health) is a provider of healthcare and retail pharmacy services. The company offers prescription medications, healthcare and wellness products, beauty products, and personal care products. It also offers pharmacy benefit management services, disease management and related services, administrative services, Medicaid health care management services, and prescription drug plans. The company operates long-term care (LTC) pharmacies for the distribution of prescription drugs and relevant pharmacy consulting and ancillary services to long-term care facilities, and other care settings. CVS Health serves pharmacy benefit managers, government funded health care programs, insurance companies, unions, public exchanges and health benefit plans’ sponsors. It markets products through retail pharmacies, online retail pharmacy websites, onsite pharmacies, LTC pharmacies, and MinuteClinic clinics. CVS Health is headquartered in Woonsocket, Rhode Island, the US.
CVS Health Corp premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Prescription Drugs | Prescription Benefit Management Services | ExtraCare |
Over-the-Counter Drugs | Prescription Management Systems | ExtraCare Plus |
Beauty Products | Plan Design and Administration | MinuteClinic |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In February, the company signed an agreement to sell its Puerto Rico retail drugstores to Caribe Pharmacy Holdings. |
2024 | Plans/Strategy | In January, the company announced its plans to shut down select pharmacies inside Target stores. |
2024 | Contracts/Agreements | In January, the company entered into two agreements with Constellation Energy to purchase renewable energy equivalent to the annual electricity use of nearly 1,000 CVS Health locations in six states. |
Competitor Comparison
Key Parameters | CVS Health Corp | Walmart Inc | Amazon.com Inc | Walgreen Co | Rite Aid Corp |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Woonsocket | Bentonville | Seattle | Deerfield | Philadelphia |
State/Province | Rhode Island | Arkansas | Washington | Illinois | Pennsylvania |
No. of Employees | 300,000 | 2,100,000 | 1,525,000 | 240,000 | 47,000 |
Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Karen S. Lynch | Director; Chief Executive Officer; President | Executive Board | 2021 | 61 |
Thomas F. Cowhey | Executive Vice President; Chief Financial Officer | Senior Management | 2024 | 51 |
James D. Clark | Senior Vice President; Controller; Chief Accounting Officer | Senior Management | 2018 | 59 |
Katerina Guerraz | Executive Vice President; Head - Enterprise Affairs; Chief Strategy Officer | Senior Management | - | - |
Laurie P. Havanec | Chief People Officer; Executive Vice President | Senior Management | 2021 | 63 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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