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CVS Health Corp CVS

Market Closed
14 Jun, 20:00
NYSE NYSE
$
60. 22
-0.81
-1.33%
After Hours
$
60. 30
+0.08 +0.13%
76.62B Market Cap
11.4 P/E Ratio
2.66% Div Yield
11,675,400 Volume
7.87 Eps
$ 61.03
Previous Close
Day Range
59.16 60.93
Year Range
52.77 83.25

CVS Chart

CVS Health Corp Profile

Healthcare Plans Industry
Healthcare Sector
Ms. Karen Sue Lynch CEO
NYSE Exchange
US1266501006 ISIN
US Country
219,000 Employees
- Last Dividend
16 Jun 1998 Last Split
17 Dec 1984 IPO Date

Overview

CVS Health Corporation is a leading provider of health solutions in the United States, with a comprehensive portfolio that spans across Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness sectors. As an integral part of the healthcare ecosystem, CVS Health offers a broad range of products and services designed to meet the needs of various stakeholders, including employers, individuals, health plans, and governmental entities. Initially named CVS Caremark Corporation, the company underwent a rebranding to CVS Health Corporation in September 2014, emphasizing its broadened focus on health and wellness. Founded in 1996 and headquartered in Woonsocket, Rhode Island, CVS Health has grown into a cornerstone of the American healthcare industry, continually evolving to address the complex challenges of modern healthcare.

Products and Services

CVS Health Corporation offers a diversified array of healthcare products and services, categorized into three main segments:

  • Health Care Benefits: This segment provides a variety of health insurance products and services, including traditional, voluntary, and consumer-directed health insurance plans. Catering to a wide audience such as employer groups, individuals, college students, part-time and hourly workers, and expatriates, CVS Health meets diverse health care needs and preferences.
    Services include: Plan design and administration, access to healthcare providers, and government-sponsored plans among others.
  • Health Services: Focused on pharmacy benefit management (PBM) solutions, this segment works towards optimizing prescription and healthcare affordability and accessibility. Through innovative services like formulary management, specialty pharmacy services, and clinical management, CVS Health supports employers, insurance companies, health plans, and Medicare and Medicaid managed care plans.
    Features include: Plan design and administration, retail pharmacy network management, specialty and mail order pharmacy, as well as disease and medical spend management services.
  • Pharmacy & Consumer Wellness: This sector addresses the needs of everyday consumers looking for prescription drugs, over-the-counter products, and wellness items. From operating online retail pharmacies to providing comprehensive pharmacy services to long-term care facilities, this segment ensures accessibility and convenience for a myriad of customer needs.
    Offerings encompass: Prescription and OTC drugs, health and beauty products, personal care items, pharmacy consulting, compounding, as well as infusion and enteral nutrition services.

Contact Information

Address: One CVS Drive, Woonsocket, RI, United States, 02895
Phone: 401 765 1500