CVS Health recognized for community involvement

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CVS Health recognized for community involvement

CVS Health has been named among volunteer service organization Points of Light’s Civic 50, a list of what it deems the top community-minded companies in the United States. Also on the list was Aetna, which CVS Health currently is in the midst of acquiring. This marks the second time CVS Health has made the list.

"As America's front door to health care, we recognize the importance of helping to ensure our communities are healthy places to work and live," said Larry Merlo, president and CEO of CVS Health. "In addition to our commitment to support the communities we serve, we're fortunate to be able to depend upon the talents and generosity of our colleagues and customers to deliver on our purpose of helping people on their path to better health."

In 2017, CVS Health said that it offered more than $100 million in philanthropic support through the CVS Health Foundation, corporate grants, in-kind donations, employee giving and fundraising and other community investments. Additionally, the company’s workforce grew its number of volunteer hours by 46%. These efforts are in addition to its Be the First campaign, to which the company has committed $50 million over five years to create the first tobacco-free generation. It has provided healthy behavior programming to more than 4 million young people, while supporting the efforts of 146 colleges and universities seeking to create tobacco-free campuses.

The recognition of CVS Health’s community efforts come ahead of Merlo addressing the Aspen Ideas Festival In Aspen, Colo. He is set to discuss possible innovation, tech investments and new business models that can help transform the healthcare industry.

"Today's health care system has become increasingly fragmented and complex for consumers to navigate and afford. And without true innovation, more Americans will simply be without healthcare in the future," said Merlo. "I am looking forward to sharing the ways our company is transforming health care in America today, and the bold ways we will drive healthcare transformation in the future that will reshape how health care is accessed and delivered with the patient at the center of all that we do."

He's set to take the stage on a panel on June 21.