CVS Health Corporation
Capital Structure
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in mil. unless spec.Company Description
- CEO
- J. David Joyner
- Full Time Employees
- 300,000
- Sector
- Retail trade
- Industry
- Drugstore chains
- Address
- One CVS Drive Woonsocket RI United States 02895
- IPO Date
- Oct 1, 1952
- CIK
- 0000064803
- Website
- cvshealth.com
- Similar Companies
- Business
- CVS Health Corporation (CVS) operates as a diversified health solutions provider, offering integrated pharmacy, health insurance, and care services across the United States through segments including Health Care Benefits via Aetna, Pharmacy Services via CVS Caremark, and retail pharmacy operations; core products and services encompass retail pharmacies with over 9,600 locations selling prescription drugs, over-the-counter medications, health and wellness products, and general merchandise; MinuteClinic walk-in clinics providing diagnostic testing, vaccinations, and primary care; pharmacy benefit management including formulary management, claims processing, mail-order and specialty pharmacy, infusion services, and long-term care pharmacy consulting; Aetna health insurance plans covering medical, pharmacy, dental, behavioral health, and Medicare options for employers, individuals, and government programs; CVS Specialty for complex chronic disease therapies; and digital tools like mobile apps for prescription management and virtual care. Founded in 1963 and headquartered in Woonsocket, Rhode Island, the company serves approximately 100 million consumers nationwide with a workforce exceeding 300,000 colleagues, focusing on underserved communities through in-home, in-store, and virtual services. Recent developments include the completion in October 2025 of its acquisition of select Rite Aid and Bartell Drugs assets, adding 63 stores in Idaho, Oregon, and Washington plus prescription files from 626 pharmacies across 15 states to expand access for over 9 million patients; an expanded partnership with a major insurer announced in November 2025 to enhance service integration; and ongoing investments in pharmacy workforce hiring and training amid strong third-quarter 2025 financial performance with raised full-year guidance.
Company News
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CVS Health plans to split in two. Here's what is driving the massive healthcare breakup.
CVS Is Reportedly Breaking Itself in Two
CVS Raises Forecast on Health Care Benefits, Pharmacy Gains