Content about Providence County, Rhode Island

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 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.

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 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 11, 2013

CVS Caremark has announced the appointment of former Staples executive Brian Tilzer as SVP chief digital officer.

WOONSOCKET, R.I. — CVS Caremark has announced the appointment of former Staples executive Brian Tilzer as SVP chief digital officer.

In his new role, Tilzer will develop and lead teams driving CVS Caremark's company-wide digital innovation efforts and will focus on connecting current and future digital initiatives.

February 8, 2013

During its fourth-quarter conference call on Wednesday, CVS Caremark officially unveiled its foray into the international drug store space with the acquisition of Brazilian retailer Onofre, the eighth-largest drug chain in Brazil.

Now that the other shoe has dropped, what's next?

While chains are prevalent, Brazil remains a highly fragmented market that is clearly ripe with opportunities thanks, in part, to an aging population, a decline in unemployment and a rise in incomes.

During its fourth quarter conference call on Wednesday, CVS Caremark officially unveiled its foray into the international drug store space with the acquisition of Brazilian retailer Onofre, the eighth-largest drug chain in Brazil.

Now that the other shoe has dropped, what's next?

While chains are prevalent, Brazil remains a highly fragmented market that is clearly ripe with opportunities thanks, in part, to an aging population, a decline in unemployment and a rise in incomes.

February 7, 2013

CVS Caremark has announced the extension of its Pharmacy Advisor program to cover an additional five chronic conditions, including asthma, breast cancer, chronic obstructive pulmonary disease, depression and osteoporosis.

WOONSOCKET, R.I. — CVS Caremark has announced the extension of its Pharmacy Advisor program to cover an additional five chronic conditions, including asthma, breast cancer, chronic obstructive pulmonary disease, depression and osteoporosis.

February 6, 2013

CVS Caremark executives expressed optimism Wednesday morning as the company posted record fourth-quarter results, raised its 2013 guidance and continues to work to leverage its distinctive business model to help people on their path to better health amid a rapidly changing healthcare environment.

WOONSOCKET, R.I. — CVS Caremark executives expressed optimism Wednesday morning as the company posted record fourth-quarter results, raised its 2013 guidance and continues to work to leverage its distinctive business model to help people on their path to better health amid a rapidly changing healthcare environment.

February 5, 2013

CVS Caremark is marking American Heart Month by encouraging heart-healthy behavior in February, the company said Tuesday.

WOONSOCKET, R.I. — CVS Caremark is marking American Heart Month by encouraging heart-healthy behavior in February, the company said Tuesday.

February 4, 2013

CVS Caremark has launched what it called the "latest evolution" of its ExtraCare loyalty card program.

WOONSOCKET, R.I. — CVS Caremark has launched what it called the "latest evolution" of its ExtraCare loyalty card program.

The chain announced Monday the launch of the ExtraCare Pharmacy & Health Rewards program, which allows members to earn larger and more frequent rewards when filling prescriptions or making healthy decisions, as well as providing another choice for members and giving them the ability to opt-in to parts of the program most relevant to their needs and preferences.

January 25, 2013

Continuing to assist those who were affected by Hurricane Sandy, the CVS Caremark Charitable Trust, a private foundation created by CVS Caremark, announced on Friday that it is donating $50,000 to the Hurricane Sandy New Jersey Relief Fund.

WOONSOCKET, R.I. — Continuing to assist those who were affected by Hurricane Sandy, the CVS Caremark Charitable Trust, a private foundation created by CVS Caremark Corporation, announced on Friday that it is donating $50,000 to the Hurricane Sandy New Jersey Relief Fund.

Established by Gov. Chris Christie and chaired by First Lady Mary Pat Christie, the relief fund is a nonprofit organization that raises and distributes funds to organizations to support the recovery and rebuilding efforts of New Jersey communities impacted by the storm.

January 24, 2013

Beauty retail veteran Cheryl Mahoney has assumed a new post at CVS Caremark, and the company has brought onboard Alex Perez-Tenessa to serve as VP retail merchandising – beauty/personal care, according to CVS Caremark.

WOONSOCKET, R.I. — Beauty retail veteran Cheryl Mahoney has assumed a new post at CVS Caremark, and the company has brought onboard Alex Perez-Tenessa to serve as VP retail merchandising – beauty/personal care, according to CVS Caremark.

January 23, 2013

Five pharmacies dominated prescription drug dispensing revenues in the United States last year, according to a new study.

PHILADELPHIA — Five pharmacies dominated prescription drug dispensing revenues in the United States last year, according to a new study.

The proprietary study, by the Drug Channels Institute, found that pharmacy retailers CVS Caremark, Walgreens, Rite Aid, Walmart and pharmacy benefit manager Express Scripts accounted for 63% of all prescription drug revenues in the $276.5 billion U.S. pharmacy industry in 2012.

January 22, 2013

CVS Caremark, in partnership with the Rhode Island National Guard and Reserve, sponsored a "Hiring Our Heroes" hiring fair at the National Guard Armory in Warwick, R.I. Tuesday morning.

WOONSOCKET, R.I. — CVS Caremark, in partnership with the Rhode Island National Guard and Reserve, sponsored a "Hiring Our Heroes" hiring fair at the National Guard Armory in Warwick, R.I. Tuesday morning.

The job fair helped veterans, active military members and military spouses find employment opportunities at CVS Caremark.

January 18, 2013

Costco announced in its January 2013 magazine that it would begin offering pharmacy benefit management services, targeting small businesses and highlighting a 200-employee company based in Washington state.

It remains to be seen whether the club retailer's efforts to compete with the existing PBM businesses of companies like CVS Caremark, Walgreens and Walmart will be successful, and analysts like Citi's Deborah Weinswig appear skeptical that they will. But whatever the outcome, it's clear that Costco is looking to compete in a bigger way.

Costco announced in its January 2013 magazine that it would begin offering pharmacy benefit management services, targeting small businesses and highlighting a 200-employee company based in Washington state.

January 18, 2013

CVS Caremark has announced that it is working to resolve service issues related to its SilverScript Medicare Part D Prescription Drug Plan.

WOONSOCKET, R.I. — CVS Caremark has announced that it is working to resolve service issues related to its SilverScript Medicare Part D Prescription Drug Plan. 

January 18, 2013

CVS Caremark and the United Food & Commercial Workers have announced that they have signed a cooperation agreement giving CVS/pharmacy employees at approximately 500 stores in the metropolitan Los Angeles, San Francisco, and San Diego areas the opportunity to vote on whether or not they want to be represented by the union.

WOONSOCKET, RI and WASHINGTON, D.C. — CVS Caremark and the United Food & Commercial Workers have announced that they have signed a cooperation agreement giving CVS/pharmacy employees at approximately 500 stores in the metropolitan Los Angeles, San Francisco, and San Diego areas the opportunity to vote on whether or not they want to be represented by the union.  

January 15, 2013

CVS Caremark was named Public Company Board of the Year in the National Association of Corporate Directors New England Chapter’s Seventh Annual 2013 Director of the Year Awards.

BOSTON — CVS Caremark was named Public Company Board of the Year in the National Association of Corporate Directors New England Chapter’s Seventh Annual 2013 Director of the Year Awards.  

NACDNE is a source in New England for corporate governance information, education and training for directors and CEOs who are committed to raising standards and improving boardroom performance. Each year, NACDNE recognizes board members and boards from public, private and nonprofit organizations who exemplify the key attributes of outstanding directors.  

January 8, 2013

Pharmacy benefit manager Catamaran Corp. hopes to expand business with client Cigna Corp. and foresees other opportunities, according to published reports.

NEW YORK — Pharmacy benefit manager Catamaran Corp. hopes to expand business with client Cigna Corp. and foresees other opportunities, according to published reports.

January 3, 2013

A patient’s social support network has been associated with improved outcomes and healthier behaviors and now new research sponsored by CVS Caremark has found that practical social support is associated with improved medication adherence.

WOONSOCKET, R.I. — A patient’s social support network has been associated with improved outcomes and healthier behaviors and now new research sponsored by CVS Caremark has found that practical social support is associated with improved medication adherence.

December 27, 2012

CVS Caremark has announced the final results of its previously announced cash tender offers commenced on Nov. 26, 2012 of its 6.6% senior notes due 2019 and up to a maximum amount of its 6.125% senior notes due 2016 and 5.75% senior notes due 2017.

WOONSOCKET, R.I. — CVS Caremark has announced the final results of its previously announced cash tender offers commenced on Nov. 26, 2012 of its 6.6% senior notes due 2019 and up to a maximum amount of its 6.125% senior notes due 2016 and 5.75% senior notes due 2017.

The offers expired on Dec. 21, 2012. An aggregate principal amount of about $1.74 billion of notes was tendered.