Content about CVS Caremark

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.

WOONSOCKET, R.I. — 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.

The new grant recipients were chosen through the 2012 CVS Caremark Charitable Trust's annual grant cycle. The awarded grants align with CVS Caremark's purpose of helping people on their path to better health and focus on initiatives supporting access to health care and children's programming.

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.

WOONSOCKET, R.I. — 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.

Weldon is the former chairman of the board and CEO of Johnson & Johnson, having served in those positions from 2002 until his retirement as CEO in April 2012 and his retirement from the board in December 2012. Weldon previously served in a variety of senior executive positions during his 41-year career with J&J.

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.

WOONSOCKET, R.I. and SAN DIEGO — 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.

MinuteClinic currently has 10 walk-in medical clinics in San Diego County.

March 21, 2013

To help raise awareness of senior hunger in Rhode Island, CVS Caremark VP workforce strategies and chief diversity officer David Casey teamed up this week with U.S. Sen. Jack Reed and Meals on Wheels of Rhode Island executive director Heather Amaral to deliver hot meals to homebound seniors in Cranston.

WOONSOCKET, R.I. — To help raise awareness of senior hunger in Rhode Island, CVS Caremark VP workforce strategies and chief diversity officer David Casey teamed up this week with U.S. Sen. Jack Reed, D-R.I., and Meals on Wheels of Rhode Island executive director Heather Amaral to deliver hot meals to homebound seniors in Cranston.

March 19, 2013

Patients with coronary artery disease who are adherent to their prescribed medications can save the healthcare system up to $868 per patient per year, according the findings of a recent study conducted by researchers at Brigham and Women’s Hospital and CVS Caremark.

WOONSOCKET, R.I. — Patients with coronary artery disease who are adherent to their prescribed medications can save the healthcare system up to $868 per patient per year, according the findings of a recent study conducted by researchers at Brigham and Women’s Hospital and CVS Caremark.
 
The research was published in the April issue of the American Journal of Medicine.

March 18, 2013

Chicago State University’s College of Pharmacy has announced that CVS Caremark has donated $250,000 for the development of the CVS Caremark Student Center and Technology Laboratory.

CHICAGO — Chicago State University’s College of Pharmacy has announced that CVS Caremark has donated $250,000 for the development of the CVS Caremark Student Center and Technology Laboratory.

“This donation will help to improve the College’s physical space and technological resources, which greatly enhances student success within the College of Pharmacy. To say thank you is an understatement,” stated Dean Miriam Mobley Smith with the College of Pharmacy.

March 15, 2013

Jim Cramer shared his bullishness on CVS Caremark stock with viewers during the “Lightening Round” portion of his "Mad Money" investment advice program on CNBC.

NEW YORK — Jim Cramer on Wednesday shared his bullishness on CVS Caremark stock with viewers during the “Lightening Round” portion of his "Mad Money" investment advice program on CNBC.

When asked by a caller whether she should buy CVS Caremark stock, Cramer enthusiastically replied, “I think that’s a great idea. Buy. Buy. Buy!”

March 15, 2013

MinuteClinic president and SVP/associate chief medical officer of CVS Caremark, Andrew Sussman, attended two separate healthcare events in London last week to discuss how MinuteClinic is improving care and access at substantially lower cost.

This is important because, regardless of whether a country has universal healthcare or not, someone has to pay for it and accessibility can still be an issue. Interestingly, a British supermarket began testing the concept of an in-store physician-staffed clinic back in 2008 in an effort to improve access. 
A key reason: Its supermarkets are often situated in a convenient location with public transport links and ample parking.

MinuteClinic president and SVP/associate chief medical officer of CVS Caremark, Andrew Sussman, attended two separate healthcare events in London last week to discuss how MinuteClinic is improving care and access at substantially lower cost.

March 14, 2013

MinuteClinic president and SVP/associate chief medical officer of CVS Caremark, Andrew Sussman, traveled to London this week to discuss how MinuteClinic is improving care and access at substantially lower cost, the company has announced.

WOONSOCKET, R.I. — MinuteClinic president and SVP/associate chief medical officer of CVS Caremark, Andrew Sussman, traveled to London this week to discuss how MinuteClinic is improving care and access at substantially lower cost, the company has announced.

March 12, 2013

CVS Caremark has announced that it will highlight how medication adherence plays a vital role in helping older Americans on their path to better health at the 2013 Annual American Society on Aging Conference, which is being held in Chicago this week.

WOONSOCKET, R.I. — CVS Caremark has announced that it will highlight how medication adherence plays a vital role in helping older Americans on their path to better health at the 2013 Annual American Society on Aging Conference, which is being held in Chicago this week.

March 7, 2013

A nonprofit group that provides youth football, dance and cheerleading programs across the country has named MinuteClinic as its official sports physical provider, MinuteClinic said Thursday.

WOONSOCKET, R.I. — A nonprofit group that provides youth football, dance and cheerleading programs across the country has named MinuteClinic as its official sports physical provider, MinuteClinic said Thursday.

MinuteClinic, part of CVS Caremark, said sports physicals are offered seven days a week with no appointment necessary at more than 625 CVS/pharmacy stores across the country, and the collaboration, with Pop Warner Little Scholars, is designed to offer parents convenient and affordable options to obtain required sports physicals for their children.

March 6, 2013

Washington-based healthcare accrediting organization URAC has given a subsidiary of CVS Caremark case management accreditation, valid through March 1, 2016, CVS said.

WOONSOCKET, R.I. — Washington-based healthcare accrediting organization URAC has given a subsidiary of CVS Caremark case management accreditation, valid through March 1, 2016, CVS said Wednesday.

CVS said Accordant Health Services met URAC's standards, which require companies to establish processes to assess, plan and implement case management interventions.

March 4, 2013

CVS/pharmacy will sponsor more than 750 Project Health events in more than 10 cities, offering free health screenings to multicultural communities, the retail pharmacy chain said.

WOONSOCKET, R.I. — CVS/pharmacy will sponsor more than 750 Project Health events in more than 10 cities, offering free health screenings to multicultural communities, the retail pharmacy chain said Monday.

Project Health, or Proyecto Salud in Spanish, will deliver more than $15 million worth of free health screenings in Atlanta, Chicago, Dallas, Detroit, Houston, Los Angeles, Miami, New York, Phiadelphia and Washington, as well as select CVS/pharmacy stores in Puerto Rico.

March 4, 2013

A hospital system on Long Island in New York state has a partnership with CVS' MinuteClinic, according to published reports.

NEW YORK — A hospital system on Long Island in New York state has a partnership with CVS' MinuteClinic, according to published reports.

March 1, 2013

Rite Aid announced Friday that it had expanded its "virtual clinic" model to additional markets, now offering NowClinic Online Care service in 58 stores.

Retail clinics are an area in which Rite Aid has not invested to the same degree as Walgreens and CVS, but NowClinic shows that there are more ways to offer clinical services in a retail pharmacy setting than building an actual clinic. In 2011, Rite Aid became the first to provide such virtual clinics in a retail pharmacy setting when it launched the program as a pilot in nine stores in Detroit.

Rite Aid announced Friday that it had expanded its "virtual clinic" model to additional markets, now offering NowClinic Online Care service in 58 stores.

Retail clinics are an area in which Rite Aid has not invested to the same degree as Walgreens and CVS, but NowClinic shows that there are more ways to offer clinical services in a retail pharmacy setting than building an extra clinic. In 2011, Rite Aid became the first to provide such virtual clinics in a retail pharmacy setting when it launched the program as a pilot in nine stores in Detroit.

February 28, 2013

Pharmacy benefit managers are becoming increasingly adept at leveraging the power of generics to save client healthcare dollars and improve their own standing, reports indicated.

Pharmacy benefit managers are becoming increasingly adept at leveraging the power of generics to save client healthcare dollars and improve their own standing, reports indicated.

"The opportunity for lowering costs by promoting generics over brands has never been greater, given the unprecedented number of drugs set to lose patent protection over the next few years," noted the "2012 Towers Watson/National Business Group on Health Employer Survey on Purchasing Value in Health Care."

February 27, 2013

MinuteClinic, the retail healthcare division of CVS Caremark and North Shore-LIJ Health System, one of the nation's largest healthcare providers, have signed a clinical collaboration to enhance access to high-quality healthcare services in Nassau and Suffolk counties and the boroughs of Manhattan, Queens and Staten Island.

GREAT NECK, N.Y. — MinuteClinic, the retail healthcare division of CVS Caremark and North Shore-LIJ Health System (North Shore-LIJ), one of the nation's largest healthcare providers, have signed a clinical collaboration to enhance access to high-quality healthcare services in Nassau and Suffolk counties and the boroughs of Manhattan, Queens and Staten Island.

February 26, 2013

CVS Caremark president and CEO Larry Merlo presented a $50,000 check Tuesday to the Children's Hospital of Pittsburgh of the University of Pittsburgh Medical Center before attending a luncheon sponsored by the Economic Club of Pittsburgh.

WOONSOCKET, R.I. — CVS Caremark president and CEO Larry Merlo presented a $50,000 check Tuesday to the Children's Hospital of Pittsburgh of the University of Pittsburgh Medical Center before attending a luncheon sponsored by the Economic Club of Pittsburgh.

February 26, 2013

The federal government has recognized the state of Michigan as a national leader in electronic prescribing, a group of health organizations in the state said.

LANSING, Mich. — The federal government has recognized the state of Michigan as a national leader in electronic prescribing, a group of health organizations in the state said.

The Michigan Health Information Network said that the Office of the National Coordinator for health information technology had commended it, recognizing that 94% of pharmacies in the state are equipped for e-prescribing.

February 21, 2013

CVS/pharmacy is making some changes to its Gold Emblem food product line, including enhanced ingredients and new flavors, the retail pharmacy chain said.

WOONSOCKET, R.I. — CVS/pharmacy is making some changes to its Gold Emblem food product line, including enhanced ingredients and new flavors, the retail pharmacy chain said Thursday.

The line has been revamped with more options and a new look. Gold Emblem includes more than 250 products, such as nuts, trail mixes, chips, pretzels, dried candies, cookies, spices, juices, condiments, baking products and breakfast bars. CVS introduced it in 1995, making it one of the first private-label food lines created by a major drug store chain.

February 19, 2013

Anthem Blue Cross will indefinitely suspend a policy that would require many specialty pharmacy patients in California, most of them HIV patients, to receive their drugs via mail order in order to receive coverage for them, drawing criticism from patients and retail pharmacies.

NEW YORK — Anthem Blue Cross will indefinitely suspend a policy that would require many specialty pharmacy patients in California, most of them HIV patients, to receive their drugs via mail order in order to receive coverage for them, drawing criticism from patients and retail pharmacies.

February 19, 2013

Management of specialty drugs under the medical benefit continues to trail management under the pharmacy benefit, according to a new report by the Pharmacy Benefit Management Institute.

PLANO, Texas — Management of specialty drugs under the medical benefit continues to trail management under the pharmacy benefit, according to a new report by the Pharmacy Benefit Management Institute.

February 19, 2013

Two-hundred-ninety billion dollars. That’s the number often thrown around when health experts talk about what medication nonadherence costs patients, insurers, health plan payers and the U.S. economy every year. And of course, dollar estimates say nothing about the impact that nonadherence has on patients and their families in higher chronic and acute disease rates, reduced quality of life and shortened lifespans.

So the failure by patients to take their meds as prescribed is a big deal. And it’s gotten a lot of attention from payers in the last couple of years because it’s one of the most obvious levers to pull as public and private health plan sponsors struggle to get a grip on the astronomical and still-expanding cost of health care in the United States.

Two-hundred-ninety billion dollars. That’s the number often thrown around when health experts talk about what medication nonadherence costs patients, insurers, health plan payers and the U.S. economy every year. And of course, dollar estimates say nothing about the impact that nonadherence has on patients and their families in higher chronic and acute disease rates, reduced quality of life and shortened lifespans.

February 19, 2013

More than 20 athletes from Special Olympics Florida experienced what it’s like to be a major league ball player when they took part in a recent CVS Caremark All Kids Can Baseball Camp during Red Sox Spring Training.

WOONSOCKET, R.I. — More than 20 athletes from Special Olympics Florida experienced what it’s like to be a major league ball player when they took part in a recent CVS Caremark All Kids Can Baseball Camp during Red Sox Spring Training.

February 13, 2013

Walgreens and Alliance Boots will generate $130 billion or more in combined sales, Greg Wasson, Walgreens president and CEO told analysts Wednesday.

LONDON — Walgreens and Alliance Boots will generate $130 billion or more in combined sales, Greg Wasson, Walgreens president and CEO, told analysts Wednesday. Walgreens and Alliance Boots offered analysts a firsthand look at the Alliance Boots operation here, beginning with a store tour and then leading into presentations.