CVS Health
American healthcare company / From Wikipedia, the free encyclopedia
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This article is about the parent company previously named CVS Caremark. For the subsidiary currently named CVS Caremark, see CVS Caremark. For the revision control system, see Concurrent Versions System.
CVS Health Corporation (previously CVS Corporation and CVS Caremark Corporation) is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the world's largest healthcare company, and its headquarters are in Woonsocket, Rhode Island. In 2023, the company was ranked 65th in the Forbes Global 2000.[3]
Quick Facts Formerly, Company type ...
Formerly |
|
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Company type | Public |
Industry | |
Predecessor | Melville Corporation |
Founded | 1963; 61 years ago (1963) in Lowell, Massachusetts, U.S. |
Founders | Stanley Goldstein, Sidney Goldstein, Ralph Hoagland |
Headquarters | , U.S. |
Number of locations | 9,395 (2023) |
Area served | United States |
Key people | Karen S. Lynch (president and CEO) |
Services | Health care provider Pharmacy benefit manager |
Revenue | US$357.8 billion (2023) |
US$13.74 billion (2023) | |
US$8.344 billion (2023) | |
Total assets | US$249.7 billion (2023) |
Total equity | US$76.64 billion (2023) |
Number of employees | c. 300,000 (2023) |
Subsidiaries | [1] |
Website | cvshealth |
Footnotes / references [2] |
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CVS started in Lowell, Massachusetts by brothers Stanley and Sidney Goldstein and their partner Ralph Hoagland.[4] The name stood for Consumer Value Stores.[5]