Content about Providence County, Rhode Island

October 17, 2011

In an effort to reward loyal shoppers, CVS/pharmacy has created a new promotion that allows members of its ExtraCare Rewards program to earn multiple free gift cards by shopping for essentials at more than 7,200 locations nationwide.

WOONSOCKET, R.I. — In an effort to reward loyal shoppers, CVS/pharmacy has created a new promotion that allows members of its ExtraCare Rewards program to earn multiple free gift cards by shopping for essentials at more than 7,200 locations nationwide.

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 14, 2011

The news that CVS Caremark has partnered with the Hispanic Heritage Foundation to inspire and prepare young Latinos to join the healthcare field is not only positive in its own right but is especially important when you look at the fact that the nation’s Hispanic population is growing four times faster than the total U.S. population.

WHAT IT MEANS AND WHY IT'S IMPORTANT — The news that CVS Caremark has partnered with the Hispanic Heritage Foundation to inspire and prepare young Latinos to join the healthcare field is not only positive in its own right but is especially important when you look at the fact that the nation’s Hispanic population is growing four times faster than the total U.S. population.

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

As of Oct. 1, Mark Cosby officially stepped into the role of president of CVS/pharmacy. Cosby’s new stint at 1 CVS Dr. is a far cry from his prior role as president of Macy’s stores. But Cosby’s reputation as an innovator is bound to tie in nicely with the 
Woonsocket, R.I.-based trailblazer.


As of Oct. 1, Mark Cosby officially stepped into the role of president of CVS/pharmacy. Cosby’s new stint at 1 CVS Dr. is a far cry from his prior role as president of Macy’s stores. But Cosby’s reputation as an innovator is bound to tie in nicely with the 
Woonsocket, R.I.-based trailblazer.


October 11, 2011

How much adherence lowers total costs, why some patients do not take their medications as prescribed and whether what’s saved in health care offsets higher drug costs are among the questions that have not been as clearly understood.


Industry members would likely agree that those patients who are adherent to their prescription medications use less health care and have lower overall costs; however, how much adherence lowers total costs, why some patients do not take their medications as prescribed and whether what’s saved in health care offsets higher drug costs are among the questions that have not been as clearly understood.


October 11, 2011

CVS Caremark’s MinuteClinic continues to evolve and play a greater role in the U.S. healthcare system as evidenced by its expanding footprint, broadening scope of service and growing roster of strategic affiliations.


CVS Caremark’s MinuteClinic continues to evolve and play a greater role in the U.S. healthcare system as evidenced by its expanding footprint, broadening scope of service and growing roster of strategic affiliations.


Since opening its doors in 2000, MinuteClinic has surpassed 10 million patient visits and remains on course to add about 100 clinics annually over the next five years — putting the clinic operator in an ideal position to play an important role in the U.S. healthcare system.


October 11, 2011

Over the years, CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts.


Over the years, CVS Caremark has grown from a go-getting New England-based regional player to a nearly $100 billion pharmacy healthcare giant known for its vertically integrated pharmacy-PBM model via the 2007 acquisition of Caremark, its highly successful loyalty card program and its innovative beauty concepts.


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 5, 2011

The Academy of Managed Care Pharmacy, a national professional association of pharmacists and healthcare practitioners, on Wednesday announced the appointment of Edith Rosato as CEO.

ALEXANDRIA, Va. — The Academy of Managed Care Pharmacy, a national professional association of pharmacists and healthcare practitioners, on Wednesday announced the appointment of Edith Rosato as CEO.

Rosato will take over from long-time CEO Judith Cahill, who announced her plans to retire earlier this year.

In her new role as CEO, Rosato will be responsible for all program, financial and operational aspects of the academy, including a $10 million budget and staff of nearly 40. She will start her position in November.

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.

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

AmerisourceBergen on Tuesday purchased TheraCom, a subsidiary of CVS Caremark that provides a wide range of support to pharmaceutical and biotechnology drug manufacturers, including consulting and reimbursement services, for $250 million.

VALLEY FORGE, Pa. — AmerisourceBergen on Tuesday purchased TheraCom, a subsidiary of CVS Caremark that provides a wide range of support to pharmaceutical and biotechnology drug manufacturers, including consulting and reimbursement services, for $250 million.

TheraCom is a provider of commercialization support services to the biotech and pharmaceutical industry, specifically, providing reimbursement and patient access support services, and will join Lash Group as part of AmerisourceBergen Consulting Services.

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 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 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.

September 1, 2011

Country music star Ty Herndon and former NFL player Kevin Turner joined amyotrophic lateral sclerosis patients Thursday evening at Fenway Park to celebrate the success of CVS/pharmacy’s annual in-store fundraising campaign to support the fight against ALS.

WOONSOCKET, R.I. — Country music star Ty Herndon and former NFL player Kevin Turner will join amyotrophic lateral sclerosis patients Thursday evening at Fenway Park to celebrate the success of CVS/pharmacy’s annual in-store fundraising campaign to support the fight against ALS.

The $4.3 million generated by this year's campaign brings the total amount raised by CVS/pharmacy colleagues and customers for ALS research to more than $27 million.

September 1, 2011

CVS Caremark’s in-store health clinic business MinuteClinic has opened a new clinic inside the CVS/pharmacy store in downtown Charleston, S.C. — marking the first clinic to open in the Charleston metro area and MinuteClinic's 17th location in South Carolina.

WOONSOCKET, R.I. — CVS Caremark’s in-store health clinic business MinuteClinic has opened a new clinic inside the CVS/pharmacy store in downtown Charleston, S.C. — marking the first clinic to open in the Charleston metro area and MinuteClinic's 17th location in South Carolina.

MinuteClinic plans to open seven additional clinics along the South Carolina coast between now and early 2012. The new clinics will be located in the Charleston, Hilton Head and Myrtle Beach metropolitan areas.

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 24, 2011

CVS Caremark’s board of directors has approved a new share repurchase program for up to $4 billion of the company's outstanding common stock.

WOONSOCKET, R.I. — CVS Caremark’s board of directors has approved a new share repurchase program for up to $4 billion of the company's outstanding common stock.

The share repurchase authorization, which is effective immediately, enables the pharmacy retailer to affect the repurchases from time to time through a combination of open market repurchases, privately negotiated transactions, accelerated share repurchase transactions, and/or other derivative transactions. 


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.