Content about Caremark Rx

December 20, 2011

At its annual Analyst Day in New York on Tuesday, CVS Caremark executives outlined strong growth for 2012 and unveiled several new offerings and initiatives that are expected to help drive profitable long-term growth as it works to reinvent pharmacy and focus on its “integration sweet spots.”

NEW YORK — At its annual Analyst Day in New York on Tuesday, CVS Caremark executives outlined strong growth for 2012 and unveiled several new offerings and initiatives that are expected to help drive profitable long-term growth as it works to reinvent pharmacy and focus on its “integration sweet spots.”

December 19, 2011

With Christmas less than a week away, CVS Caremark is reminding shoppers that they can find gifts and deals at their local CVS/pharmacy.

WOONSOCKET, R.I. — With Christmas less than a week away, CVS Caremark is reminding shoppers that they can find gifts and deals at their local CVS/pharmacy.

December 15, 2011

CVS Caremark has been awarded the 2011 Supply Chain Distinction Award North America in the Logistics Best Practice category, which recognizes companies that drive logistics excellence throughout the organization through the development of efficient, sustainable and cost-effective strategies.

WOONSOCKET, R.I. — CVS Caremark has been awarded the 2011 Supply Chain Distinction Award North America in the Logistics Best Practice category, which recognizes companies that drive logistics excellence throughout the organization through the development of efficient, sustainable and cost-effective strategies.

The awards were announced last week at the annual Supply Chain Logistics Summit held in Dallas, Texas.

December 9, 2011

The longer this proposed Express Scripts-Medco deal remains under the microscope, the more people don't seem to like what they see. The general tone at this Senate hearing was against the merger.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The longer this proposed Express Scripts-Medco deal remains under the microscope, the more people don't seem to like what they see. The general tone at this Senate hearing was against the merger. Many of the senators in attendance were expressing concern that the proposed merger would negatively impact access to pharmacy, which is perhaps the greatest import of the possibility of an Express Scripts-Medco super-PBM.

December 8, 2011

CVS Caremark has announced the expiration and final results of its previously announced tender offer for any and all of its $1 billion outstanding 6.302% enhanced capital advantaged preferred securities.

WOONSOCKET, R.I. — CVS Caremark has announced the expiration and final results of its previously announced tender offer for any and all of its $1 billion outstanding 6.302% enhanced capital advantaged preferred securities.

The tender offer commenced on Nov. 29 and expired on Dec. 7.  Based on the final tabulation provided by the information agent for the tender offer, D.F. King & Co., holders of the notes tendered $957.7 million aggregate principal amount of the notes on or prior to the expiration date.

December 6, 2011

George Paz, Express Scripts chairman and CEO, and David Snow, Medco Health Solutions chairman and CEO, were in a pair of hot seats Tuesday afternoon before the Senate Committee on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights.

WASHINGTON — George Paz, Express Scripts chairman and CEO, and David Snow, Medco Health Solutions chairman and CEO, were in a pair of hot seats Tuesday afternoon before the Senate Committee on the Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights. Many of the questions posed by Senators on the subcommittee challenged the respective chief executives on how the proposed merger would negatively impact retail pharmacy and how the proposed merger would result in a dominant marketshare of the mail order pharmacy business.

December 5, 2011

CVS Caremark has confirmed that Jim Trappani, VP merchandising for health care and multicultural, has decided to leave the company.

WOONSOCKET, R.I. — CVS Caremark has confirmed that Jim Trappani, VP merchandising for health care and multicultural, has decided to leave the company.
 
Grant Pill has assumed the role of VP merchandising for over-the-counter healthcare and store brands.
 
In addition, Mike McEnany has been promoted to VP merchandising, consumables and multicultural. His most recent role was divisional merchandising manager for consumables.
 

December 5, 2011

The year 2011 has shaped up to be quite the year for CVS Caremark, with Larry Merlo taking the helm following the retirement of Tom Ryan, longtime CVS/pharmacy executive Mike Bloom resigning and Judy Sansone assuming responsibility for the merchandising organization at CVS/pharmacy.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The year 2011 has shaped up to be quite the year for CVS Caremark, with Larry Merlo taking the helm following the retirement of Tom Ryan, longtime CVS/pharmacy executive Mike Bloom resigning and Judy Sansone assuming responsibility for the merchandising organization at CVS/pharmacy. Well, the year isn't over yet, and Grant Pill — who is regarded as a bright, young merchant — now has responsibility for one of the most critical areas of CVS' business.

December 1, 2011

CVS Caremark has announced the appointment of Randy Falkenrath as SVP specialty pharmacy, with responsibility for the ongoing development of clinical programs and product management to support the company's specialty pharmacy business.

WOONSOCKET, R.I. — CVS Caremark has announced the appointment of Randy Falkenrath as SVP specialty pharmacy, with responsibility for the ongoing development of clinical programs and product management to support the company's specialty pharmacy business.

November 28, 2011

In recent months there have been a string of key milestones within the convenient care industry, and now the new Rand Corp. study indicates that clinic usage climbed tenfold between 2007 and 2009 — impressive growth and a clear message that retail-based health clinics are a significant player within the U.S. healthcare system.

WHAT IT MEANS AND WHY IT'S IMPORTANT — In recent months there have been a string of key milestones within the convenient care industry, and now the new Rand Corp. study indicates that clinic usage climbed tenfold between 2007 and 2009 — impressive growth and a clear message that retail-based health clinics are a significant player within the U.S. healthcare system.

November 21, 2011

CVS/pharmacy once again is supporting the St. Jude Children’s Research Hospital Thanks and Giving campaign, and will offer CVS/pharmacy shoppers more options to support the research.

WOONSOCKET, R.I. — CVS/pharmacy once again is supporting the St. Jude Children’s Research Hospital Thanks and Giving campaign, and will offer CVS/pharmacy shoppers more options to support the research.

This year marks the eighth year for the annual in-store fundraiser. St. Jude is one of the world's leading centers for the research and treatment of pediatric cancer and other deadly childhood diseases, and since partnering in 2004, CVS/pharmacy and its customers have raised more than $25 million for the hospital.

November 21, 2011

CVS Caremark’s MinuteClinic has entered into a clinical affiliation with Emory Healthcare, the largest hospital system in Georgia, to enhance access to healthcare services in communities throughout the Atlanta metropolitan area.

WOONSOCKET, R.I. — CVS Caremark’s MinuteClinic has entered into a clinical affiliation with Emory Healthcare, the largest hospital system in Georgia, to enhance access to healthcare services in communities throughout the Atlanta metropolitan area.

MinuteClinic has 31 clinics inside select CVS/pharmacy stores in metro Atlanta.

November 17, 2011

CVS Caremark has appointed Kevin Murphy president for Accordant Health Services, a CVS Caremark company that provides disease management and case management services for people with rare chronic conditions.

WOONSOCKET, R.I. — CVS Caremark has appointed Kevin Murphy president for Accordant Health Services, a CVS Caremark company that provides disease management and case management services for people with rare chronic conditions.

Murphy is in charge of integrating the company's leading rare disease management programs with its specialty pharmacy programs and new focus on medical pharmacy management.

November 17, 2011

MinuteClinic announced on Thursday that it has become a contracted provider with Blue Cross Blue Shield of Arizona, which provides health insurance products, services or networks to 1.2 million individuals.

WOONSOCKET, R.I. — MinuteClinic announced on Thursday that it has become a contracted provider with Blue Cross Blue Shield of Arizona, which provides health insurance products, services or networks to 1.2 million individuals.
 
Under the agreement, these individuals now will have access to 16 MinuteClinic walk-in medical clinics located inside select CVS/pharmacy stores in communities throughout the Phoenix and Tucson metropolitan areas.

November 16, 2011

CVS Caremark’s MinuteClinic is applauding the patient-centered care delivered by practitioners across the United States and supporting their role in helping to create broader access to quality and affordable health care during National Nurse Practitioner Week that began Nov. 13 and runs through Nov. 19.

WOONSOCKET, R.I. — CVS Caremark’s MinuteClinic is applauding the patient-centered care delivered by practitioners across the United States and supporting their role in helping to create broader access to quality and affordable health care during National Nurse Practitioner Week that began Nov. 13 and runs through Nov. 19.

November 10, 2011

CVS Caremark has announced that it will be joining first lady Michelle Obama and the U.S. Chamber of Commerce at the fourth annual "Business Steps Up: Hiring our Heroes" event to be held Thursday in Washington, D.C.

WOONSOCKET, R.I. — CVS Caremark has announced that it will be joining first lady Michelle Obama and the U.S. Chamber of Commerce at the fourth annual "Business Steps Up: Hiring our Heroes" event to be held Thursday in Washington, D.C.

November 9, 2011

CVS Caremark is expanding its Pharmacy Advisor program to now include chronic cardiovascular care, a pharmacy-based approach to managing one of the most prevalent and expensive chronic illnesses.

WOONSOCKET, R.I. — CVS Caremark is expanding its Pharmacy Advisor program to now include chronic cardiovascular care, a pharmacy-based approach to managing one of the most prevalent and expensive chronic illnesses.

November 7, 2011

Easter Seals has elected CVS Caremark SVP corporate communications and community relations Eileen Howard Boone to its international board of directors on Monday during its annual convention in Washington, D.C.

CHICAGO — Easter Seals has elected CVS Caremark SVP corporate communications and community relations Eileen Howard Boone to its international board of directors on Monday during its annual convention in Washington, D.C.

Boone has served as an honorary member of Easter Seals' international board of directors for the past year.

November 3, 2011

As part of its broad support for patients with diabetes, and in recognition of American Diabetes Month, CVS Caremark announced on Thursday that it will be hosting live Facebook chats to answer patients' questions about diabetes and chronic condition management.

WOONSOCKET, R.I. — As part of its broad support for patients with diabetes, and in recognition of American Diabetes Month, CVS Caremark announced on Thursday that it will be hosting live Facebook chats to answer patients' questions about diabetes and chronic condition management.

November 3, 2011

CVS Caremark on Thursday reported solid third-quarter results — 2 cents above the high end of its guidance range — driven in large part by better-than-expected performance in its pharmacy benefit management, which is in the midst of a profit-improvement plan.

WOONSOCKET, R.I. — CVS Caremark on Thursday reported solid third-quarter results — 2 cents above the high end of its guidance range — driven in large part by better-than-expected performance in its pharmacy benefit management, which is in the midst of a profit-improvement plan.

November 3, 2011

CVS/pharmacy and Direct Relief USA teamed up to provide free flu vaccinations at a flu shot clinic held Thursday in Dallas at Healing Hands Ministries Medical & Dental Clinic.

WOONSOCKET, R.I. — CVS/pharmacy and Direct Relief USA teamed up to provide free flu vaccinations at a flu shot clinic held Thursday in Dallas at Healing Hands Ministries Medical & Dental Clinic.

October 28, 2011

The results of the CVS Caremark-sponsored review of e-prescriptions, which revealed an issue of primary nonadherence to prescription medications, is yet one more step toward a weapon in the fight against medication nonadherence.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The results of the CVS Caremark-sponsored review of e-prescriptions, which revealed an issue of primary nonadherence to prescription medications, is yet one more step toward a weapon in the fight against medication nonadherence.

(THE NEWS: CVS Caremark-sponsored review of e-Rxs uncovers issue of primary nonadherence. For the full story, click here)

October 27, 2011

If employers want to best manage the health and productivity of their employees, they need to continue company-sponsored health plans — that was a key message that Troyen Brennan, EVP and chief medical officer of CVS Caremark, had for attendees at the National Business Group on Health's annual meeting on Thursday.

BOSTON — If employers want to best manage the health and productivity of their employees, they need to continue company-sponsored health plans — that was a key message that Troyen Brennan, EVP and chief medical officer of CVS Caremark, had for attendees at the National Business Group on Health's annual meeting on Thursday.

October 26, 2011

Twenty-four percent of patients given a new medication by their doctor did not fill the prescription, according to a new study by researchers at Harvard University, Brigham and Women's Hospital and CVS Caremark.

WOONSOCKET, R.I. — Twenty-four percent of patients given a new medication by their doctor did not fill the prescription, according to a new study by researchers at Harvard University, Brigham and Women's Hospital and CVS Caremark.

October 14, 2011

Global private equity firm Advent International has announced that Tom Ryan, former chairman and CEO of CVS Caremark, has joined the firm’s Operating Partner Program. In this role, Ryan will advise and work closely with Advent’s investment professionals to identify opportunities and generate post-investment value at retail and healthcare companies globally.

BOSTON — Global private equity firm Advent International has announced that Tom Ryan, former chairman and CEO of CVS Caremark, has joined the firm’s Operating Partner Program. In this role, Ryan will advise and work closely with Advent’s investment professionals to identify opportunities and generate post-investment value at retail and healthcare companies globally.