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CVS Specialty is the specialty pharmacy division that provides specialty pharmacy services for individuals with chronic or genetic diseases who require complex and expensive drug therapies. CVS Health operate 24 retail specialty pharmacy stores and 11 specialty mail order pharmacies, making them the largest specialty pharmacy in the United States.
Karen S. Lynch (née Rohan, born December 30, 1963) is an American businesswoman and the president and chief executive officer of CVS Health. Lynch serves on the board of directors of AHIP, CVS Health, and U.S. Bancorp. In 2015, she became the first female president of Aetna. She has held executive positions at Magellan Health Services and Cigna.
Revenue. US$ 36.7 billion (2006) Number of employees. 13,628 (2005) Parent. CVS Health. Website. www.caremark.com. CVS Caremark (formerly Caremark Rx) (stylized as CVScaremark, previously CVS / caremark) is the pharmacy benefit management subsidiary of CVS Health, headquartered in Woonsocket, Rhode Island.
As of 2022, CVS Caremark led the way with 34% market share while Express Scripts accounted for 24% and Optum Rx accounted for 21%. ... health insurance, retail pharmacy, specialty pharmacy, and ...
CVS Caremark has been aggressively trying to grow its pharmacy-benefits-management business after suffering from some major setbacks in 2009-2010. High-profile contracts from CalPERS, Medco Health ...
Shares of CVS Caremark (NYS: CVS) hit a 52-week high today. Let's look at how it got here and whether clear skies are ahead. How it got hereThe demise of the health-care business has been greatly ...
By the end of 2000, CVS's specialty pharmacy business consisted of mail-order operations and 46 CVS ProCare pharmacies located in 17 states and the District of Columbia. Overall, CVS saw its revenues surpass the $20 billion mark for the first time in 2000, while net income reached a record $746 million." [17]
On November 7, 2007, Mac Crawford stepped down as chairman of the board for CVS Caremark. He was replaced by president and CEO of CVS Caremark, Tom Ryan. [29] On August 12, 2008, CVS Pharmacy announced that it would acquire Longs Drugs for $2.9 billion. Walgreens made a counteroffer but dropped it. The deal closed October 30, 2008.