Content about Caremark Rx

June 20, 2013

As an official sponsor of Pop Warner, MinuteClinic is offering Pop Warner registered youth athletes a discount on sports physicals.

The clinic operator, which is owned by CVS Caremark, has announced that it is offering an additional $5 off the current $49 price of a sports physical. Sports physicals for fall sports participation are required by July 31 for all Pop Warner programs.

WOONSOCKET, R.I. — As an official sponsor of Pop Warner, MinuteClinic is offering Pop Warner registered youth athletes a discount on sports physicals.

The clinic operator, which is owned by CVS Caremark, has announced that it is offering an additional $5 off the current $49 price of a sports physical. Sports physicals for fall sports participation are required by July 31 for all Pop Warner programs.

June 11, 2013

Catamaran will provide pharmacy benefit management services to Cigna Corp. for 10 years under a new deal between the PBM and the health insurer.

BLOOMFIELD, Conn. — Catamaran will provide pharmacy benefit management services to Cigna Corp. for 10 years under a new deal between the PBM and the health insurer.

June 11, 2013

CVS Caremark announced on Tuesday that it has been awarded specialty pharmacy accreditation from URAC, a Washington, D.C.-based healthcare accrediting organization that establishes quality standards for the healthcare industry.

WOONSOCKET, R.I. — CVS Caremark announced on Tuesday that it has been awarded specialty pharmacy accreditation from URAC, a Washington, D.C.-based healthcare accrediting organization that establishes quality standards for the healthcare industry.

June 3, 2013

CVS/pharmacy has announced the launch of its annual in-store Advancing Medical Research fundraising campaign to support medical research and help improve the quality of life for those living with amyotrophic lateral sclerosis (ALS).

WOONSOCKET, R.I. — CVS/pharmacy has announced the launch of its annual in-store Advancing Medical Research fundraising campaign to support medical research and help improve the quality of life for those living with amyotrophic lateral sclerosis (ALS).

May 23, 2013

The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark, will donate $25,000 to the American Red Cross to support the organization's tornado relief efforts in Oklahoma and Texas, the company announced on Thursday.

WOONSOCKET, R.I. — The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark, will donate $25,000 to the American Red Cross to support the organization's tornado relief efforts in Oklahoma and Texas, the company announced on Thursday.  

In addition, the Charitable Trust will match tornado relief donations to the Red Cross from CVS Caremark's employees up to an additional $25,000, resulting in a potential combined donation from the CVS Caremark Charitable Trust and CVS Caremark colleagues of at least $75,000.

May 21, 2013

CVS Caremark President and CEO Larry Merlo has been named the 2013 March of Dimes Rhode Island 2013 Citizen of the Year for his and the company’s ongoing support of the March of Dimes mission.

PROVIDENCE, R.I. — CVS Caremark President and CEO Larry Merlo has been named the 2013 March of Dimes Rhode Island 2013 Citizen of the Year for his and the company’s ongoing support of the March of Dimes mission.

May 14, 2013

CVS Caremark on Tuesday announced that a month-long, in-store fundraising campaign at CVS/pharmacy locations throughout the Boston area raised more than $650,000 in donations from customers to The One Fund Boston, which was established by Massachusetts Gov. Deval Patrick and Boston Mayor Thomas Menino to raise money for victims and families who were affected by the attack on the Boston Marathon.

WOONSOCKET, R.I. — CVS Caremark on Tuesday announced that a month-long, in-store fundraising campaign at CVS/pharmacy locations throughout the Boston area raised more than $650,000 in donations from customers to The One Fund Boston, which was established by Massachusetts Gov. Deval Patrick and Boston Mayor Thomas Menino to raise money for victims and families who were affected by the attack on the Boston Marathon.

May 14, 2013

A study conducted by researchers at CVS Caremark and Brigham and Women's Hospital and published in the May issue of the American Heart Journal found that non-white patients had 50% greater odds of statin medication nonadherence compared with white patients, while women had 10% greater odds of statin nonadherence compared with men.

WOONSOCKET, R.I. — A study conducted by researchers at CVS Caremark and Brigham and Women's Hospital and published in the May issue of the American Heart Journal found that non-white patients had 50% greater odds of statin medication nonadherence compared with white patients, while women had 10% greater odds of statin nonadherence compared with men.

May 13, 2013

Walgreens extended its agreement as a network pharmacy provider in the CVS Caremark pharmacy benefit management national retail network.

 DEERFIELD, Ill. — Walgreens on Monday extended its agreement as a network pharmacy provider in the CVS Caremark pharmacy benefit management national retail network. The companies are not disclosing the financial and other confidential terms of the agreement.

May 9, 2013

The damp weather in Woonsocket, R.I., failed to dampen spirits during CVS Caremark’s annual shareholder meeting as the pharmacy retailer recently wrapped up an “outstanding” 2012 and looks to the future with continued optimism.

WOONSOCKET, R.I. — The damp weather here in Woonsocket, R.I., failed to dampen spirits during CVS Caremark’s annual shareholder meeting Thursday morning, as the pharmacy retailer recently wrapped up an “outstanding” 2012 and looks to the future with continued optimism.

May 3, 2013

CVS Caremark executives were upbeat during last week’s conference call with analysts as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.

The positive start to 2013 is important as it further demonstrates that CVS Caremark’s distinctive, integrated healthcare model is resonating and spelling success for this pharmacy innovation company.

CVS Caremark executives were upbeat during last week’s conference call with analysts, as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.

The positive start to 2013 is important as it further demonstrates that CVS Caremark’s distinctive, integrated healthcare model is resonating and spelling success for this pharmacy innovation company.

May 2, 2013

CareFirst BlueCross BlueShield has entered into a three-year agreement with CVS Caremark to provide pharmacy benefit and other related services to its commercial and Medicare Part D members, CareFirst announced earlier this week.

BALTIMORE, Md. — CareFirst BlueCross BlueShield has entered into a three-year agreement with CVS Caremark to provide pharmacy benefit and other related services to its commercial and Medicare Part D members, CareFirst announced earlier this week.

May 1, 2013

The year appears to be off to a good start, and CVS Caremark executives were optimistic Wednesday morning as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.

WOONSOCKET, R.I. — The year appears to be off to a good start, and CVS Caremark executives were optimistic Wednesday morning as the company pulled in a “strong” first quarter and narrowed its 2013 guidance to reflect higher-than-expected performance.

April 30, 2013

CVS Caremark announced that it was among several national companies represented at an event hosted on Tuesday by President Obama, VP Joe Biden, First Lady Michelle Obama and Dr. Jill Biden as part of the Joining Forces initiative.

WOONSOCKET, R.I. — CVS Caremark announced that it was among several national companies represented at an event hosted on Tuesday by President Obama, VP Joe Biden, First Lady Michelle Obama and Dr. Jill Biden as part of the Joining Forces initiative.

During the event, the Administration asked companies participating in the Joining Forces initiative to hire and train 435,000 veterans and military spouses over the next five years, after nearly tripling its original goal of hiring 100,000 veterans and military spouses by the end of 2013.

April 26, 2013

With National Drug Take Back Day scheduled for April 27 and in light of a new national study revealing that 1-out-of-4 teenagers has misused or abused a prescription medication at least once, CVS Caremark is reminding families that proper management, storage and disposal of their medication can reduce access to drugs by young people in their homes.

WOONSOCKET, R.I. — With National Drug Take Back Day scheduled for April 27 and in light of a new national study revealing that 1-out-of-4 teenagers has misused or abused a prescription medication at least once, CVS Caremark is reminding families that proper management, storage and disposal of their medication can reduce access to drugs by young people in their homes.

April 26, 2013

Fairview Pharmacy Services director of business development Thomas Blissenbach has been appointed to the National Association of Specialty Pharmacy's board of directors, the NASP said.

TAMPA, Fla. — Fairview Pharmacy Services director of business development Thomas Blissenbach has been appointed to the National Association of Specialty Pharmacy's board of directors, the NASP said.

Blissenbach has worked in hospital and alternative-site pharmacy for more than 40 years and has developed and led several ambulatory pharmacy business units since joining Fairview in 2000.

April 26, 2013

Cardinal Health announced the renewal of its pharmaceutical distribution agreement with CVS Caremark to supply pharmaceuticals to the company’s retail pharmacies and distribution centers, as McKesson, which generally serves the PBM side of the business, also announced the renewal of its current distribution agreement with the pharmacy retailer.

The renewal of the agreements was not only critical for both companies but, as Adam Fein, president of Pembroke Consulting and CEO of Drug Channels Institute, wrote in his blog “CVS Caremark Renews with Cardinal and McKesson,” it also “demonstrates wholesalers' value in the brand-name pharmacy supply chain.”

Cardinal Health announced the renewal of its pharmaceutical distribution agreement with CVS Caremark to supply pharmaceuticals to the company’s retail pharmacies and distribution centers, as McKesson, which generally serves the PBM side of the business, also announced the renewal of its current distribution agreement with the pharmacy retailer.

April 25, 2013

Cardinal Health and McKesson separately announced the renewal of their pharmaceutical distribution agreements with CVS Caremark.

DUBLIN, Ohio — Cardinal Health and McKesson separately announced the renewal of their pharmaceutical distribution agreements with CVS Caremark.

Under Cardinal Health’s renewed agreement, the wholesaler stated that it will supply pharmaceuticals to a network of CVS Caremark's retail pharmacies and distribution centers through mid-2016. The stores and distribution centers serviced under the new arrangement are essentially the same as those serviced in the prior arrangement.

April 24, 2013

The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark has announced the recipients of the “Innovations in Community Health” grants.

WOONSOCKET, R.I. — The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark Corporation has announced the recipients of the “Innovations in Community Health” grants, which have been awarded to community health centers nationwide through a partnership with the National Association of Community Health Centers.

The grants will help community health centers increase access to health care and produce better health outcomes while reducing costs for patients and healthcare systems.

April 21, 2013

It's official. During its most recent quarterly conference call with analysts, CVS Caremark revealed what many had anticipated: Its acquisition of privately held Brazilian drug store chain Drogaria Onofre was complete.

It's official. During its most recent quarterly conference call with analysts, CVS Caremark revealed what many had anticipated: Its acquisition of privately held Brazilian drug store chain Drogaria Onofre was complete.

The move is not financially material to CVS Caremark, but it does mark its first foray into the international drug store space. The 44-store chain is the eighth-largest drug store chain in Brazil and, according to published reports, posted gross revenue of R$1.2 billion (Brazilian reals) in 2011.

April 18, 2013

CVS Caremark has announced that it will come together with the Boston business community to support The One Fund Boston, established by Massachusetts Gov. Deval Patrick and Boston Mayor Thomas Menino to raise money for victims and families who have been affected by the Boston Marathon tragedy.

WOONSOCKET, R.I. — CVS Caremark has announced that it will come together with the Boston business community to support The One Fund Boston, established by Massachusetts Gov. Deval Patrick and Boston Mayor Thomas Menino to raise money for victims and families who have been affected by the Boston Marathon tragedy.

The CVS Caremark Charitable Trust, the private foundation of CVS Caremark, will donate $100,000 to The One Fund Boston, which is also accepting online donations from the public at Onefundboston.org.

April 11, 2013

The increased availability of generics combined with CVS Caremark's generic dispensing rate of 77.4% helped reduce spending on traditional medications by 3.6% for the company's commercial clients, according to its newly released annual insights report.

WOONSOCKET, R.I. — The increased availability of generics combined with CVS Caremark's generic dispensing rate of 77.4% helped reduce spending on traditional medications by 3.6% for the company's commercial clients, according to its newly released annual insights report, which reviews drug trend and highlights key issues in pharmacy care.

CVS Caremark's GDR is the result of two elements.  First, 2012 marked a high point in the flood of generic launches, with the estimated market value of brands that lost their patents in 2012 exceeding $35 billion. 

April 9, 2013

A MinuteClinic location at a CVS store in downtown Columbia, S.C., got a visit from one of the state's top health officials recently.

COLUMBIA, S.C. — A MinuteClinic location at a CVS store in downtown Columbia, S.C., got a visit from one of the state's top health officials recently.

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.