Content about Caremark Rx

March 26, 2012

As part of the Executive Viewpoint video series, DSN editor in chief Rob Eder sat down with Larry Merlo, president and CEO of CVS Caremark, to discuss CVS Caremark's integrated pharmacy model and the future of health care in America.

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 21, 2013

CVS Caremark President and CEO Larry Merlo has been named the 2013 March of Dimes Rhode Island 2013 Citizen of the Year for his and the company’s ongoing support of the March of Dimes mission.

May 14, 2013

CVS Caremark on Tuesday announced that a month-long, in-store fundraising campaign at CVS/pharmacy locations throughout the Boston area raised more than $650,000 in donations from customers to The One Fund Boston, which was established by Massachusetts Gov. Deval Patrick and Boston Mayor Thomas Menino to raise money for victims and families who were affected by the attack on the Boston Marathon.

May 14, 2013

A study conducted by researchers at CVS Caremark and Brigham and Women's Hospital and published in the May issue of the American Heart Journal found that non-white patients had 50% greater odds of statin medication nonadherence compared with white patients, while women had 10% greater odds of statin nonadherence compared with men.

May 13, 2013

Walgreens extended its agreement as a network pharmacy provider in the CVS Caremark pharmacy benefit management national retail network.

May 9, 2013

The damp weather in Woonsocket, R.I., failed to dampen spirits during CVS Caremark’s annual shareholder meeting as the pharmacy retailer recently wrapped up an “outstanding” 2012 and looks to the future with continued optimism.

May 3, 2013

CVS Caremark executives were upbeat during last week’s conference call with analysts as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.

The positive start to 2013 is important as it further demonstrates that CVS Caremark’s distinctive, integrated healthcare model is resonating and spelling success for this pharmacy innovation company.

May 2, 2013

CareFirst BlueCross BlueShield has entered into a three-year agreement with CVS Caremark to provide pharmacy benefit and other related services to its commercial and Medicare Part D members, CareFirst announced earlier this week.

May 1, 2013

The year appears to be off to a good start, and CVS Caremark executives were optimistic Wednesday morning as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.

April 30, 2013

CVS Caremark announced that it was among several national companies represented at an event hosted on Tuesday by President Obama, VP Joe Biden, First Lady Michelle Obama and Dr. Jill Biden as part of the Joining Forces initiative.

April 26, 2013

With National Drug Take Back Day scheduled for April 27 and in light of a new national study revealing that 1-out-of-4 teenagers has misused or abused a prescription medication at least once, CVS Caremark is reminding families that proper management, storage and disposal of their medication can reduce access to drugs by young people in their homes.

April 26, 2013

Fairview Pharmacy Services director of business development Thomas Blissenbach has been appointed to the National Association of Specialty Pharmacy's board of directors, the NASP said.

April 26, 2013

Cardinal Health announced the renewal of its pharmaceutical distribution agreement with CVS Caremark to supply pharmaceuticals to the company’s retail pharmacies and distribution centers, as McKesson, which generally serves the PBM side of the business, also announced the renewal of its current distribution agreement with the pharmacy retailer.

The renewal of the agreements was not only critical for both companies but, as Adam Fein, president of Pembroke Consulting and CEO of Drug Channels Institute, wrote in his blog “CVS Caremark Renews with Cardinal and McKesson,” it also “demonstrates wholesalers' value in the brand-name pharmacy supply chain.”

April 25, 2013

Cardinal Health and McKesson separately announced the renewal of their pharmaceutical distribution agreements with CVS Caremark.

April 24, 2013

The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark has announced the recipients of the “Innovations in Community Health” grants.

April 21, 2013

It's official. During its most recent quarterly conference call with analysts, CVS Caremark revealed what many had anticipated: Its acquisition of privately held Brazilian drug store chain Drogaria Onofre was complete.

April 18, 2013

CVS Caremark has announced that it will come together with the Boston business community to support The One Fund Boston, established by Massachusetts Gov. Deval Patrick and Boston Mayor Thomas Menino to raise money for victims and families who have been affected by the Boston Marathon tragedy.

April 11, 2013

The increased availability of generics combined with CVS Caremark's generic dispensing rate of 77.4% helped reduce spending on traditional medications by 3.6% for the company's commercial clients, according to its newly released annual insights report.

April 9, 2013

A MinuteClinic location at a CVS store in downtown Columbia, S.C., got a visit from one of the state's top health officials recently.

April 3, 2013

The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark, has announced that $2.6 million in grants has been awarded to 66 nonprofit organizations across the country.

April 1, 2013

CVS Caremark elected on March 29 former Johnson & Johnson CEO William Weldon to serve on its board of directors, according to a filing with the Securities and Exchange Commission.

April 1, 2013

Retail-based clinic operator MinuteClinic, a division of CVS Caremark, and Southern California healthcare system Sharp HealthCare have entered into a clinical affiliation to enhance access to healthcare services throughout San Diego County.

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