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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.

October 13, 2011

CVS Caremark has released the Caremark.com Droid application, which provides Android users with access to the Drug Information Database to learn about various prescription drugs and allows CVS Caremark plan members to log in and manage their prescriptions online.

WOONSOCKET, R.I. — CVS Caremark has released the Caremark.com Droid application, which provides Android users with access to the Drug Information Database to learn about various prescription drugs and allows CVS Caremark plan members to log in and manage their prescriptions online.

The free app can be used with Android 2.1 OS and above phones. Caremark.com has had an iPhone application available since July 2010, and this new Android application further broadens CVS Caremark members' mobile access to their prescription information.

October 13, 2011

CVS Caremark has partnered with the Hispanic Heritage Foundation to identify, inspire and prepare young Latinos to join healthcare fields through a new healthcare category of the HHF Youth Awards program.

WOONSOCKET, R.I., and WASHINGTON — CVS Caremark has partnered with the Hispanic Heritage Foundation to identify, inspire and prepare young Latinos to join healthcare fields through a new healthcare category of the HHF Youth Awards program.

October 11, 2011

CVS Caremark may be highly focused on driving medication adherence, curbing rising healthcare costs and improving the health outcomes of its patients, but there’s no doubt that its retail segment remains a critical part of its business, as evidenced by the innovative initiatives playing out at the front end.


CVS Caremark may be highly focused on driving medication adherence, curbing rising healthcare costs and improving the health outcomes of its patients, but there’s no doubt that its retail segment remains a critical part of its business, as evidenced by the innovative initiatives playing out at the front end.


October 7, 2011

CVS Caremark may be highly focused on driving medication adherence, curbing rising healthcare costs and improving the health outcomes of its patients, but there’s no doubt that its retail segment remains a critical part of its business, as evidenced by the innovative initiatives playing out at the front end.


October 4, 2011

MinuteClinic continues to expand its reach by opening two walk-in medical clinics inside CVS/pharmacy stores in the Savannah, Ga., market.

WOONSOCKET, R.I. — MinuteClinic continues to expand its reach by opening two walk-in medical clinics inside CVS/pharmacy stores in the Savannah, Ga., market.

The clinics, located in Savannah and Richmond Hill, are the first retail medical clinics to open in the region and join 31 other MinuteClinic locations in Georgia situated throughout the Atlanta metropolitan area.

The openings are part of MinuteClinic's goal to open 100 walk-in clinics nationwide this year.

October 3, 2011

In honor of American Pharmacists Month, CVS Caremark is recognizing the role pharmacists and pharmacy technicians play in the U.S. healthcare system.

WOONSOCKET, R.I. — In honor of American Pharmacists Month, CVS Caremark is recognizing the role pharmacists and pharmacy technicians play in the U.S. healthcare system.

CVS Caremark said it will publicly recognize its more than 26,000 pharmacists and their commitment to patient care during the month of October with ads in industry trade publications and on its in-store radio network. What's more, the company also will salute its 50,000 pharmacy technicians later this month on Oct. 25, which is Pharmacy Technician Day.

October 3, 2011

CVS/pharmacy has teamed up with Aetna to offer Medicare beneficiaries a co-branded prescription drug plan.

HARTFORD, Conn. — CVS/pharmacy has teamed up with Aetna to offer Medicare beneficiaries a co-branded prescription drug plan.

The companies said the new Aetna CVS/pharmacy Prescription Drug Plan will be made available to beneficiaries in 43 states and Washington, D.C. The plan offers a $26 monthly plan premium and has no deductible for generic drugs. In addition, members will have the following benefits when they fill their prescriptions at a CVS/pharmacy (compared with a nonpreferred network pharmacy):

September 29, 2011

To curb avoidable hospital readmissions among seniors, CVS Caremark has teamed up with a provider of transitional care services to help these patients better manage and understand their medication regimens.

WOONSOCKET, R.I., and NEEDHAM, Mass. — To curb avoidable hospital readmissions among seniors, CVS Caremark has teamed up with a provider of transitional care services to help these patients better manage and understand their medication regimens.

September 29, 2011

CVS/pharmacy said that it is continuing to promote its "MoneyTrashers" campaign by adding new digital resources to CVS.com and the CVS/pharmacy Facebook page.

WOONSOCKET, R.I. — CVS/pharmacy said that it is continuing to promote its "MoneyTrashers" campaign by adding new digital resources to CVS.com and the CVS/pharmacy Facebook page.

September 28, 2011

CVS/pharmacy held a grand opening event on Tuesday at its distribution center in Chemung, N.Y., which attracted federal, state and local officials to celebrate the occasion.

WOONSOCKET, R.I. — CVS/pharmacy held a grand opening event on Tuesday at its distribution center in Chemung, N.Y., which attracted federal, state and local officials to celebrate the occasion.

U.S. Senator Charles Schumer, U.S. Representative Thomas Reed, Lieutenant Governor Robert Duffy, New York State Senator Thomas O'Mara and New York State Assemblyman Christopher Friend were among those in attendance.

September 27, 2011

Longtime CVS/pharmacy executive Mike Bloom has resigned from the company and will serve as president and COO of Family Dollar Stores.

NEW YORK — Longtime CVS/pharmacy executive Mike Bloom has resigned from the company and will serve as president and COO of Family Dollar Stores.

“Mike Bloom, EVP of merchandising and supply chain, has resigned from the company. We thank him for his many contributions to the success of our retail business over the past 19 years and wish him luck in his future endeavors,” stated Carolyn Castel, VP of corporate communications at CVS Caremark, in a statement sent to Drug Store News.

September 26, 2011

As consumers and patients increasingly use social media as a healthcare tool and resource, a survey by Harvard University, Brigham and Women's Hospital, and CVS Caremark researchers found a need to improve site guidelines, as there is great variability in the standards used to ensure a site effectively provides information and answers to important health-related questions.

WOONSOCKET, R.I. — As consumers and patients increasingly use social media as a healthcare tool and resource, a survey by Harvard University, Brigham and Women's Hospital, and CVS Caremark researchers found a need to improve site guidelines, as there is great variability in the standards used to ensure a site effectively provides information and answers to important health-related questions.

September 19, 2011

CVS Caremark announced it has raised $1 million for Children's Hospital Boston to help children with disabilities.

WOONSOCKET, R.I. — CVS Caremark announced it has raised $1 million for Children's Hospital Boston to help children with disabilities.

The company said that donations, derived through the CVS Caremark Charitable Trust and the CVS Caremark All Kids Can Program, helped support the pediatric hospital's cerebral palsy program and center for communication enhancement.

September 16, 2011

Former CVS/pharmacy product development manager Elizabeth Karvonen has joined the Emerson Group, where she will work on the beauty and personal care businesses at CVS/pharmacy.

WAYNE, Pa. — Former CVS/pharmacy product development manager Elizabeth Karvonen has joined the Emerson Group, where she will work on the beauty and personal care businesses at CVS/pharmacy.


Prior to joining the Emerson Group, Karvonen was a product development manager at CVS/pharmacy, where she developed private-label beauty and personal care products. In her first year, she developed more than 160 private-label products and was responsible for supply chain and logistics for the private-label beauty and personal care categories.

 

September 13, 2011

CVS Caremark has partnered with Direct Relief USA to offer up to $6 million in free flu shots to community clinic and health center patients who are uninsured, the company announced on Tuesday.

WOONSOCKET, R.I. — CVS Caremark has partnered with Direct Relief USA to offer up to $6 million in free flu shots to community clinic and health center patients who are uninsured, the company announced on Tuesday.

More than 400 participating clinics and health centers across the country will identify uninsured individuals from their existing patient populations and provide them with a free flu shot voucher, which is redeemable at more than 7,200 CVS/pharmacy locations and the nearly 600 MinuteClinics inside select CVS/pharmacy stores.

September 7, 2011

Lumene, a beauty brand from Finland that came to the U.S. beauty market in 2003 through an exclusive deal with CVS/pharmacy, has announced that its new Sensitive Touch 5 Min SOS cream will be available at CVS/pharmacy in October.

NEW YORK — Lumene, a beauty brand from Finland that came to the U.S. beauty market in 2003 through an exclusive deal with CVS/pharmacy, has announced that its new Sensitive Touch 5 Min SOS cream will be available at CVS/pharmacy in October.

September 1, 2011

The CVS Caremark Charitable Trust is helping to support the relief efforts for communities along the East Coast impacted by Hurricane Irene by donating $75,000 to the American Red Cross and distributing supplies to local residents.

WOONSOCKET, R.I. — The CVS Caremark Charitable Trust, the private foundation managed by CVS Caremark, is helping to support the relief efforts for communities along the East Coast impacted by Hurricane Irene by donating $75,000 to the American Red Cross and distributing thousands of dollars worth of supplies to local residents.

August 31, 2011

This CVS location in central Pennsylvania has already started touting the convenience and affordability in relation to its flu vaccination services.

LEBANON, Pa. — This CVS location in central Pennsylvania already has started touting the convenience and affordability in relation to its flu vaccination services. And they're not alone. Now that immunizing pharmacists can administer inoculations in all 50 states, the flu shot season represents a prime opportunity to raise awareness around other vaccines, including back-to-school vaccines and travel vaccines.

August 29, 2011

The news that CVS Caremark has appointed a new president of CVS/pharmacy, Mark Cosby, is yet one more page in the new chapter for the Woonsocket, R.I.-based powerhouse.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The news that CVS Caremark has appointed a new president of CVS/pharmacy, Mark Cosby, is yet one more page in the new chapter for the Woonsocket, R.I.-based powerhouse.

(THE NEWS: CVS Caremark names new president of CVS/pharmacy. For the full story, click here)

August 26, 2011

Hurricane Irene is expected to pummel the East Coast over the weekend, and CVS/pharmacy has announced that it is taking every step to prepare its stores and, if needed, help with recovery efforts.

WOONSOCKET, R.I. — Hurricane Irene is expected to pummel the East Coast over the weekend, and CVS/pharmacy has announced that it is taking every step to prepare its stores and, if needed, help with recovery efforts.

August 25, 2011

CVS/pharmacy and design-build firm Gray Construction have announced that the recently opened CVS/pharmacy distribution center in Chemung County, N.Y., has been awarded LEED Gold certification.

WOONSOCKET, R.I. — CVS/pharmacy and design-build firm Gray Construction have announced that the recently opened CVS/pharmacy distribution center in Chemung County, N.Y., has been awarded LEED Gold certification.

August 23, 2011

CVS Caremark has announced the results of its previously announced solicitation of consents from the registered holders as of 5 p.m. Eastern time on Aug. 8 of its 6.125% senior notes due Aug. 15, 2016, to terminate the replacement capital covenant.

WOONSOCKET, R.I. — CVS Caremark has announced the results of its previously announced solicitation of consents from the registered holders as of 5 p.m. Eastern time on Aug. 8 of its 6.125% senior notes due Aug. 15, 2016, to terminate the replacement capital covenant — which was entered into on May 25, 2007 — for the benefit of the holders of the notes in connection with the issuance of its 6.302% enhanced capital advantaged preferred securities due 2062.

August 22, 2011

CVS/pharmacy and MinuteClinic have announced the "You vs. Flu" campaign, which is supported by more than 20,000 immunizing healthcare professionals who will vaccinate patients every day, no appointment needed, at all CVS/pharmacy and MinuteClinic locations nationwide.

WOONSOCKET, R.I. — CVS/pharmacy and MinuteClinic have announced the "You vs. Flu" campaign, which is supported by more than 20,000 immunizing healthcare professionals who will vaccinate patients every day, no appointment needed, at all CVS/pharmacy and MinuteClinic locations nationwide.

The flu shots are being provided by CVS pharmacists and MinuteClinic nurse practitioners and physician assistants every day, including evenings and weekends, with no appointment necessary.

August 22, 2011

CVS Caremark has appointed former Macy’s executive Mark Cosby as president of CVS/pharmacy, effective Oct. 1.

WOONSOCKET, R.I. — CVS Caremark has appointed former Macy’s executive Mark Cosby as president of CVS/pharmacy, effective Oct. 1.

Cosby most recently served as Macy’s president of stores, where he was responsible for all Macy's store operations and support functions nationwide.