← Home
🚀 Sign up Free for Public Company Valuation & Insights!
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free Video Highlights
CVS Health 
Healthcare & biotech / Health care and retail pharmacy
At a Glance | Core Facts | Company Due Diligence: | Industry Due Diligence: | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
CVS Health is a healthcare company that specializes in pharmacy services, providing prescription drugs, over-the-counter medications, health care products, and other related services. The company is headquartered in Woonsocket, Rhode Island, and was founded in 1963. Today, it is one of the largest pharmacy chains in the United States with over 9,900 retail locations across the country.
CVS Health also offers a range of health services, including walk-in medical clinics, specialty pharmacy services, and digital health solutions. In addition to its retail pharmacies, the company also operates a pharmacy benefits management (PBM) company called CVS Caremark, which provides prescription drug plans to employers, insurance companies, and government agencies.
The company is committed to making healthcare more accessible and affordable for all individuals and communities. In 2019, CVS Health acquired health insurance company Aetna, further expanding its reach in the healthcare industry.
In addition to its healthcare services, CVS Health is also a leader in corporate social responsibility, prioritizing sustainable business practices, diversity and inclusion, and community engagement through charitable giving and volunteer initiatives. The company has received recognition for its efforts, including being named one of the World's Most Ethical Companies by the Ethisphere Institute.
CVS Health also offers a range of health services, including walk-in medical clinics, specialty pharmacy services, and digital health solutions. In addition to its retail pharmacies, the company also operates a pharmacy benefits management (PBM) company called CVS Caremark, which provides prescription drug plans to employers, insurance companies, and government agencies.
The company is committed to making healthcare more accessible and affordable for all individuals and communities. In 2019, CVS Health acquired health insurance company Aetna, further expanding its reach in the healthcare industry.
In addition to its healthcare services, CVS Health is also a leader in corporate social responsibility, prioritizing sustainable business practices, diversity and inclusion, and community engagement through charitable giving and volunteer initiatives. The company has received recognition for its efforts, including being named one of the World's Most Ethical Companies by the Ethisphere Institute.
What is special about the company?
1. Wide Range of Products and Services: CVS Health offers a wide range of products and services including pharmacy services, retail products, health insurance, prescription management, and healthcare clinics.
2. Innovation and Technology: The company has a strong focus on innovation and uses technology to improve the customer experience and provide efficient healthcare solutions.
3. Focus on Accessibility and Convenience: CVS Health operates over 10,000 retail locations across the United States, making it easily accessible to a large number of customers. It also offers convenience through its online platform and mobile apps.
4. Commitment to Health and Wellness: CVS Health has a strong commitment to promoting health and wellness in the communities it serves. This includes initiatives such as free health screenings, smoking cessation programs, and support for charitable organizations.
5. Diverse Workforce and Inclusion: The company prioritizes diversity and inclusion in its workforce and has several programs in place to support and empower employees from diverse backgrounds.
6. Strong Financial Performance: CVS Health is a Fortune 500 company and has consistently delivered strong financial performance, with steady growth in revenue and profits.
7. Social Responsibility: The company has a strong focus on social responsibility and sustainability, with initiatives to reduce its environmental impact and support local communities.
8. Industry Leader in Healthcare: With the acquisition of Aetna in 2018, CVS Health has become a leader in the healthcare industry, offering integrated healthcare solutions to its customers.
9. Philanthropic Efforts: The CVS Health Foundation provides millions of dollars in grants to support community health programs and nonprofit organizations every year.
10. Innovation in Healthcare Delivery: CVS Health is constantly seeking new and innovative ways to improve the delivery of healthcare services, such as through its MinuteClinic locations and partnerships with telehealth providers.
2. Innovation and Technology: The company has a strong focus on innovation and uses technology to improve the customer experience and provide efficient healthcare solutions.
3. Focus on Accessibility and Convenience: CVS Health operates over 10,000 retail locations across the United States, making it easily accessible to a large number of customers. It also offers convenience through its online platform and mobile apps.
4. Commitment to Health and Wellness: CVS Health has a strong commitment to promoting health and wellness in the communities it serves. This includes initiatives such as free health screenings, smoking cessation programs, and support for charitable organizations.
5. Diverse Workforce and Inclusion: The company prioritizes diversity and inclusion in its workforce and has several programs in place to support and empower employees from diverse backgrounds.
6. Strong Financial Performance: CVS Health is a Fortune 500 company and has consistently delivered strong financial performance, with steady growth in revenue and profits.
7. Social Responsibility: The company has a strong focus on social responsibility and sustainability, with initiatives to reduce its environmental impact and support local communities.
8. Industry Leader in Healthcare: With the acquisition of Aetna in 2018, CVS Health has become a leader in the healthcare industry, offering integrated healthcare solutions to its customers.
9. Philanthropic Efforts: The CVS Health Foundation provides millions of dollars in grants to support community health programs and nonprofit organizations every year.
10. Innovation in Healthcare Delivery: CVS Health is constantly seeking new and innovative ways to improve the delivery of healthcare services, such as through its MinuteClinic locations and partnerships with telehealth providers.
What the company's business model?
The CVS Health company's business model is focused on three core initiatives: providing convenient and accessible healthcare services, developing and delivering innovative health solutions, and actively managing the overall cost of healthcare for its customers. This is achieved through a combination of retail pharmacy operations, pharmacy benefit management services, and retail and specialty healthcare services. CVS Health also leverages its data and analytics capabilities to drive personalized and targeted healthcare solutions for its customers. Additionally, the company has a strong emphasis on digital and technology initiatives to enhance the overall customer experience and streamline processes.
Interesting facts about the company
1. CVS Health is headquartered in Woonsocket, Rhode Island and was founded in 1963.
2. The company originally started as a chain of health and beauty stores, but has since expanded into a larger healthcare corporation.
3. CVS Health is the largest pharmacy chain in the United States, with over 9,800 locations across the country.
4. The name CVS stands for Consumer Value Stores, which was the company’s original name.
5. In 2014, CVS Health announced that it would stop selling tobacco products in all of its stores, becoming the first national retail pharmacy chain to do so.
6. CVS Health also operates a large healthcare benefits management division, providing prescription drugs and other healthcare services to millions of customers.
7. The company has over 300,000 employees and is consistently ranked as one of the top employers in the healthcare industry.
8. CVS Health has a strong commitment to sustainability and has set goals to reduce its carbon footprint, increase its use of renewable energy, and promote responsible sourcing of products.
9. In addition to its retail and healthcare divisions, CVS Health also has a charitable foundation that focuses on community health and wellness initiatives.
10. The company has made several large acquisitions in recent years, including the pharmacy benefits manager Caremark in 2007 and the healthcare insurer Aetna in 2018, further expanding its reach in the healthcare industry.
See Company Due Diligence:
2. The company originally started as a chain of health and beauty stores, but has since expanded into a larger healthcare corporation.
3. CVS Health is the largest pharmacy chain in the United States, with over 9,800 locations across the country.
4. The name CVS stands for Consumer Value Stores, which was the company’s original name.
5. In 2014, CVS Health announced that it would stop selling tobacco products in all of its stores, becoming the first national retail pharmacy chain to do so.
6. CVS Health also operates a large healthcare benefits management division, providing prescription drugs and other healthcare services to millions of customers.
7. The company has over 300,000 employees and is consistently ranked as one of the top employers in the healthcare industry.
8. CVS Health has a strong commitment to sustainability and has set goals to reduce its carbon footprint, increase its use of renewable energy, and promote responsible sourcing of products.
9. In addition to its retail and healthcare divisions, CVS Health also has a charitable foundation that focuses on community health and wellness initiatives.
10. The company has made several large acquisitions in recent years, including the pharmacy benefits manager Caremark in 2007 and the healthcare insurer Aetna in 2018, further expanding its reach in the healthcare industry.
See Company Due Diligence:
Wait! There's more — sign up for free or log in