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CVS Stock - Cvs Caremark Corp.


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CVS Profile

Cvs Caremark Corp. logo

CVS Health Corporation is a prominent provider of health services across the United States, operating through three main segments: Health Care Benefits, Pharmacy Services, and Retail/LTC. The Health Care Benefits segment offers a wide range of health insurance products and related services, catering to various entities including employer groups, individuals, health plans, and government units. This segment provides traditional, voluntary, and consumer-directed health insurance options, ensuring comprehensive coverage for diverse demographics.

The Pharmacy Services segment specializes in pharmacy benefit management solutions, encompassing plan design, administration, formulary management, and clinical services. Serving a broad spectrum of clients such as employers, insurance companies, and government-sponsored plans, CVS Health manages retail and specialty pharmacies, mail order pharmacy services, and infusion therapy, effectively optimizing pharmaceutical care and medical spend management.

In addition, CVS Health's Retail/LTC segment operates retail pharmacies offering prescription and over-the-counter medications, alongside consumer health products and personal care items. The segment also includes MinuteClinic walk-in medical clinics, providing convenient access to basic health care services. Moreover, CVS Health distributes prescription drugs and offers pharmacy consulting services to care facilities, further enhancing its commitment to improving health outcomes across communities.

Founded in 1996 and headquartered in Woonsocket, Rhode Island, CVS Health Corporation continues to innovate and expand its services, supporting millions of individuals and organizations in navigating their healthcare needs with efficiency and care.

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Stock Sector: Retail: Drug Stores

 

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