Content about Rhode Island

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 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.

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.

August 17, 2011

Medicare Part D beneficiaries who enter the "doughnut hole," where they have to pay 100% of previously subsidized prescription costs, are twice as likely to discontinue their medications as they are to switch to more affordable or generic medications, according to a new study conducted by researchers from Harvard University, Brigham and Women's Hospital and CVS Caremark.

WOONSOCKET, R.I. — Medicare Part D beneficiaries who enter the "doughnut hole," where they have to pay 100% of previously subsidized prescription costs, are twice as likely to discontinue their medications as they are to switch to more affordable or generic medications, according to a new study conducted by researchers from Harvard University, Brigham and Women's Hospital and CVS Caremark.

August 16, 2011

In an effort to make it easy for customers to safely dispose of their unused, expired or unwanted medications, and help battle the estimated 200 million lbs. of unwanted medications improperly disposed every year, CVS/pharmacy now is offering Sharps Compliance’s Environmental Return System in all of its 7,200 locations.

WOONSOCKET, R.I. — In an effort to make it easy for customers to safely dispose of their unused, expired or unwanted medications, and help battle the estimated 200 million lbs. of unwanted medications improperly disposed every year, CVS/pharmacy now is offering Sharps Compliance’s Environmental Return System in all of its 7,200 locations.

August 11, 2011

CVS Caremark’s MinuteClinic continues to expand its list of strategic alliances, with its latest partner being Indiana University Health (IU Health), the largest health system in Indiana.

WOONSOCKET, R.I. — CVS Caremark’s MinuteClinic continues to expand its list of strategic alliances, with its latest partner being Indiana University Health (IU Health), the largest health system in Indiana.

August 10, 2011

CVS/pharmacy officially has announced the launch of its exclusive beauty collection, Nuance Salma Hayek, developed in partnership with actress Salma Hayek.

WOONSOCKET, R.I. — CVS/pharmacy officially has announced the launch of its exclusive beauty collection, Nuance Salma Hayek, developed in partnership with actress Salma Hayek.

The collection is comprised of more than 100 products within four categories — skin care, cosmetics, hair care and body — and is available only at CVS/pharmacy locations nationwide and online at CVS.com/NuanceSalmaHayek. Prices range between $2.99 and $19.99.

August 10, 2011

Snyder's-Lance announced it has acquired a snack food distributor serving the Rhode Island, eastern Massachusetts and New Hampshire markets.

CHARLOTTE, N.C. — Snyder's-Lance announced it has acquired a snack food distributor serving the Rhode Island, eastern Massachusetts and New Hampshire markets.

The company said it has acquired all of the issued and outstanding shares of George Greer Co. Greer distributes Synder's-Lance's Cape Cod, Lance, Archway and Stella D'oro brands, as well as other leading brands and private-label products.

August 4, 2011

CVS Caremark posted second-quarter results that were at the high end of its guidance and narrowed its 2011 outlook on continued confidence. But it was the pharmacy benefit management business — and the potential merger of PBM rivals Express Scripts and Medco Health Solutions — that was top of mind for many industry observers, and was a topic that CVS Caremark president and CEO Larry Merlo hit head-on at the start of Thursday morning’s conference call.

WOONSOCKET, R.I. — CVS Caremark posted second-quarter results that were at the high end of its guidance and narrowed its 2011 outlook on continued confidence. But it was the pharmacy benefit management business — and the potential merger of PBM rivals Express Scripts and Medco Health Solutions — that was top of mind for many industry observers, and was a topic that CVS Caremark president and CEO Larry Merlo hit head-on at the start of Thursday morning’s conference call.

August 1, 2011

MinuteClinic has surpassed 10 million patient visits since opening its doors in 2000.

WOONSOCKET, R.I. — MinuteClinic has surpassed 10 million patient visits since opening its doors in 2000.

The retail clinic operator, which is owned by CVS Caremark, said that the 10 millionth patient was seen at a clinic in Quincy, Mass., one of the communities where MinuteClinic has opened new locations in the past 18 months.

July 29, 2011

CVS Caremark is gearing up for flu season and will leverage both its CVS/pharmacy locations and MinuteClinic sites to provide flu shots for patients every day, including evenings and weekends, and will offer direct medical billing to many national and regional health plans that will cover all or part of the cost of a flu shot.

WOONSOCKET, R.I. — CVS Caremark is gearing up for flu season and will leverage both its CVS/pharmacy locations and MinuteClinic sites to provide flu shots for patients every day, including evenings and weekends, and will offer direct medical billing to many national and regional health plans that will cover all or part of the cost of a flu shot.

July 28, 2011

Henry Ford Health System is working to increase its capacity to serve patients in metropolitan Detroit through a new collaborative effort with CVS Caremark's MinuteClinic.

WOONSOCKET, R.I., and DETROIT — Henry Ford Health System is working to increase its capacity to serve patients in metropolitan Detroit through a new collaborative effort with CVS Caremark's MinuteClinic.

MinuteClinic has 10 walk-in clinics inside select CVS/pharmacy stores in Southeast Michigan and is exploring additional locations in the Detroit metropolitan area.

July 25, 2011

A food distributor has penned a three-year agreement with a supermarket chain to provide customers with nonproprietary natural, organic and specialty products.

PROVIDENCE, R.I. — A food distributor has penned a three-year agreement with a supermarket chain to provide customers with nonproprietary natural, organic and specialty products.

United Natural Foods said it will assume distribution to all of Safeway's banners, effective this October. The company said it is expecting a brief transition period from Safeway's current distributors.