Content about CVS Caremark

December 7, 2010


NEW YORK — Walgreens. Costco. CVS Caremark. Rite Aid. H-E-B. Wegmans. Kerr Drug. The list goes on. In all, it was a veritable who’s who of retailing as Drug Store News’ annual Industry 
Issues Summit, which also included a Specialty Pharmacy Roundtable and Diabetes Roundtable, attracted more than 200 attendees — a new attendance record — and featured the most diverse retail panelists to date.


December 3, 2010

CVS Caremark announced on Friday that former Walmart North executive Hank Mullany will succeed Larry Merlo as president of CVS/pharmacy. The move is part of the corporate succession plan announced last May in which Tom Ryan will retire as CEO prior to the next annual meeting and Merlo will step up as CEO.

WOONSOCKET, R.I. — CVS Caremark announced on Friday that former Walmart North executive Hank Mullany will succeed Larry Merlo as president of CVS/pharmacy. The move is part of the corporate succession plan announced last May in which Tom Ryan will retire as CEO prior to the next annual meeting and Merlo will step up as CEO.

December 2, 2010

CVS Caremark announced on Thursday that it has been awarded pharmacy benefit management and drug therapy management accreditation from URAC, a healthcare accrediting organization that establishes quality standards for the healthcare industry ...

WOONSOCKET, R.I. — CVS Caremark announced on Thursday that it has been awarded pharmacy benefit management and drug therapy management accreditation from URAC, a healthcare accrediting organization that establishes quality standards for the healthcare industry. CVS Caremark previously had received accreditation for PBM and DTM from URAC in 2007.

November 30, 2010

Leaders in specialty pharmacy gathered in New York on Tuesday at the New York Athletic Club to attend the second annual Specialty Pharmacy Roundtable discussion presented by Drug Store News and Armada Health Care.

NEW YORK — Leaders in specialty pharmacy gathered in New York on Tuesday at the New York Athletic Club to attend the second annual Specialty Pharmacy Roundtable discussion presented by Drug Store News and Armada Health Care.

David Galardi, co-founder of Apogenics Inc., moderated the robust panel, which was comprised of Nick Calla of Walgreens Specialty Pharmacy, John Musil of The Apothecary Shops, Tim Kaplan of Amber Pharmacy, Jeanne Ann Stasny of Walmart Specialty Pharmacy and Albert Thigpen of CVS Caremark, among others.

November 24, 2010

Most of the newly elected and re-elected Republican members of Congress, Tea Party candidates in particular, vowed to whittle down or repeal healthcare reform once in office, but the healthcare companies that stand to benefit hope to change their minds, as some of their lobbying activities last quarter have shown.

WHAT IT MEANS AND WHY IT'S IMPORTANT — Most of the newly elected and re-elected Republican members of Congress, Tea Party candidates in particular, vowed to whittle down or repeal healthcare reform once in office, but the healthcare companies that stand to benefit hope to change their minds, as some of their lobbying activities last quarter have shown.

(THE NEWS: Report: PhRMA's lobbying efforts total more than $5 million in Q3. For the full story, click here)

November 18, 2010

The customer care team of CVS Caremark's pharmacy benefit management business earned a silver medal...

WOONSOCKET, R.I. The customer care team of CVS Caremark's pharmacy benefit management business earned a silver medal for its customer service by Contact Center World, CVS announced Friday.

November 18, 2010

The fact that CVS Caremark's MinuteClinic was highlighted as an innovator of healthcare delivery by...

WHAT IT MEANS AND WHY IT'S IMPORTANT — The fact that CVS Caremark's MinuteClinic was highlighted as an innovator of healthcare delivery by the World Economic Forum's Innovation Health Care Delivery Project is important on several fronts. Not only does the recognition further illustrate the important role that convenient care clinics are playing in U.S. health care, but perhaps even more importantly, this forum also was a global stage for the clinic operator.

November 17, 2010

All Kids Can, a program of the CVS Caremark Charitable Trust and VSA, the international...

WASHINGTON All Kids Can, a program of the CVS Caremark Charitable Trust and VSA, the international organization on arts and disability, are kicking off the 2011 All Kids Can Create Call for Art, which invites children ages 5 years to 15 years to explore and share their artistic talents.

November 17, 2010

MinuteClinic, CVS Caremark's network of walk-in medical clinics, was highlighted as a breakthrough innovator in...

WOONSOCKET, R.I. — MinuteClinic, CVS Caremark's network of walk-in medical clinics, was highlighted as a breakthrough innovator in healthcare delivery by the World Economic Forum's Innovative Health Care Delivery Project.

In addition, MinuteClinic president and CVS Caremark SVP and associate chief medical officer Andrew Sussman presented MinuteClinic's approach to care at a World Economic Forum satellite session attended by healthcare experts, regulatory representatives, researchers and other innovators in Montreux, Switzerland, this week.

November 15, 2010

There is a direct correlation between the amount of a patient's out-of-pocket co-pay and prescription...

WOONSOCKET, R.I. — There is a direct correlation between the amount of a patient's out-of-pocket co-pay and prescription abandonment, according to the findings of a CVS Caremark-sponsored study published this week in the Annals of Internal Medicine. The study also found that e-prescriptions are more likely to be abandoned at retail compared with handwritten prescriptions.

November 2, 2010

CVS Caremark announced on Wednesday that third-quarter results were at the higher end of its...

November 1, 2010

In testimony before the Food and Drug Administration on Tuesday, CVS Caremark’s SVP specialty pharmacy...

WOONSOCKET, R.I. In testimony before the Food and Drug Administration on Tuesday, CVS Caremark’s SVP specialty pharmacy operations, Scott Reid, reiterated the company’s support that the FDA implement regulations necessary to approve biogeneric drugs under the Affordable Care Act.

November 1, 2010

A recent study of diabetes information shared on Facebook raised questions about the accuracy of...

WOONSOCKET, R.I. A recent study of diabetes information shared on Facebook raised questions about the accuracy of the information on social media sites and its sources, according to the research sponsored by CVS Caremark.

 

October 31, 2010

CVS/pharmacy on Monday announced results of a survey examining various aspects of disease management and...

WOONSOCKET, R.I. CVS/pharmacy on Monday announced results of a survey examining various aspects of disease management and lifestyle for patients with diabetes. Of 3,242 respondents with diabetes, 32% reported they have been less vigilant about daily glucose testing due to cost, and as many as 24% of respondents said that cost has led them to be less conscientious about maintaining a proper diet.

October 28, 2010

“We don’t have to be the PBM.” That’s what Greg Wasson, Walgreens president and CEO,...

WHAT IT MEANS AND WHY IT'S IMPORTANT “We don’t have to be the PBM.” That’s what Greg Wasson, Walgreens president and CEO, told Drug Store News in one interview last year, and it neatly encapsulates the dynamic that may be unfolding behind the scenes at the nation’s top pharmacy retailer.

(THE NEWS: Walgreens said to consider sale of PBM. For the full story, click here)

October 24, 2010

“This is simply the best, most diverse lineup of retailers we have ever had.” That’s...

October 24, 2010

CVS Caremark has been heavily focused on the healthcare arena, leveraging its various points of...

WOONSOCKET, R.I. —CVS Caremark has been heavily focused on the healthcare arena, leveraging its various points of care to improve medication outcomes and lower healthcare costs—but that’s not to say that the front end has fallen by the wayside. In fact, the retailer is in the midst of writing a prescription for front-end growth that involves a new store brand and new beauty innovations.

October 24, 2010

As this issue went to press, it sure had been a busy week here at Drug Store News. And that means it was a busy week for the industry, too.

As this issue went to press, it sure had been a busy week here at Drug Store News. And that means it was a busy week for the industry, too.

October 24, 2010

An industry titan soon will exit the stage. But those who have known Frank Maione...

October 24, 2010

In recognition of American Diabetes Month in November, MinuteClinic is offering complimentary A1c tests beginning...

WOONSOCKET, R.I. In recognition of American Diabetes Month in November, MinuteClinic is offering complimentary A1c tests beginning Oct. 25 through Nov. 25, CVS Caremark has announced. The free tests, sponsored by Bayer Diabetes Care, are available while supplies last.

October 21, 2010

Shortly after announcing its deal with Shutterfly, CVS/pharmacy is further enhancing its photo services by...

October 17, 2010

MinuteClinic celebrated the opening of its second clinic location inside a CVS/pharmacy store in the...

October 14, 2010

Under a settlement reached with the Drug Enforcement Administration and the U.S. Attorneys' Offices for...

October 14, 2010

During the Academy of Managed Care Pharmacy 2010 Educational Conference held Oct. 13 to 15,...

WHAT IT MEANS AND WHY IT'S IMPORTANT During the Academy of Managed Care Pharmacy 2010 Educational Conference held Oct. 13 to 15, CVS Caremark shared data to further demonstrate ways to curb drug costs. This is important because what these studies, and others like it, continue to illustrate is that there are a variety of ways to reduce prescription drug costs beyond simply cutting prices to levels that could compromise a pharmacy's ability to deliver the high-quality service necessary to achieve better health outcomes.

October 13, 2010

CVS Caremark is presenting data at the Academy of Managed Care Pharmacy 2010 Educational Conference...

WOONSOCKET, R.I. CVS Caremark is presenting data at the Academy of Managed Care Pharmacy 2010 Educational Conference illustrating how innovative approaches to traditional plan designs can help clients reduce drug spend, improve generic dispensing rates and minimize member disruption.

The AMCP 2010 Educational Conference is being held in St. Louis from Oct. 13 to 15.