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CVS Health is a health care innovation company that operates through four segments: Pharmacy Services, Retail/LTC, Health Care Benefits, and Corporate/Other. The company offers pharmacy benefit management (PBM) solutions, such as plan design and administration, formulary management, clinical services, disease management programs, medical pharmacy management services, etc. It also sells drugs, cosmetics, personal care products, convenience foods, seasonal merchandise, and other related products. In addition, CVS Health offers a range of traditional, voluntary, and consumer-directed health insurance products and related services.

HQWoonsocket, RI, US
Overall CultureD

Latest Updates

Employees (est.) (Dec 2020)300,000(+4%)
Job Openings2
Revenue (FY, 2020)$268.7 B(+5%)
Share Price (Feb 2021)$68.1 (-1%)
Cybersecurity ratingBMore

Key People/Management at CVS Health

Larry J. Merlo

Larry J. Merlo

President, Chief Executive Officer & Director
Jonathan C. Roberts

Jonathan C. Roberts

Executive Vice President and Chief Operating Officer
Katie Durant

Katie Durant

Senior Director, Investor Relations
Eva Boratto

Eva Boratto

Executive Vice President and Chief Financial Officer
Neela Montgomery

Neela Montgomery

Executive Vice President and President, CVS Pharmacy
Alan M. Lotvin

Alan M. Lotvin

Executive Vice President and President of CVS Caremark
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CVS Health Office Locations

CVS Health has offices in Woonsocket, Irving, Northbrook, Pittsburgh and in 1 other location
Woonsocket, RI, US (HQ)
1 CVS Dr
Irving, TX, US
750 W John Carpenter Fwy #1200
Northbrook, IL, US
2211 Sanders Rd
Pittsburgh, PA, US
620 Epsilon Dr
Scottsdale, AZ, US
9501 E Shea Blvd
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CVS Health Financials and Metrics

CVS Health Revenue

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CVS Health's revenue was reported to be $268.71 b in FY, 2020 which is a 4.6% increase from the previous period.

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CVS Health's current market capitalization is $89.3 b.
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CVS Health Operating Metrics

FY, 2017FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Mail Order Pharmacies

18 17

Medical Membership

22.10 m22.83 m22.84 m22.81 m22.91 m23.46 m23.59 m23.27 m23.41 m

Medical Membership (Commercial)

17.76 m17.91 m17.85 m17.72 m17.75 m17.58 m17.48 m16.94 m16.90 m

Medical Membership (Southeast)

4.64 m
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CVS Health Acquisitions / Subsidiaries

Company NameDateDeal Size
IlliniCare HealthDecember 02, 2019
EntrustRXMay 08, 2018$40 m
AetnaDecember 03, 2017$69 b
TargetPharmacyJune 15, 2015$1.90 b
OmnicareMay 21, 2015$12.90 b
Navarro Discount PharmacyJuly 14, 2014
Coram Specialty InfusionNovember 27, 2013$2.10 b
Universal American - Medicare Part D BusinessDecember 01, 2010$1.25 b
Generation Health, L.L.C.December 01, 2009
RxAmericaOctober 20, 2008
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CVS Health Revenue Breakdown

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CVS Health revenue breakdown by business segment: 63.7% from Pharmacy, 7.3% from Front Store, 25.8% from Premiums and 3.1% from Other

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CVS Health Cybersecurity Score

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CVS Health Online and Social Media Presence

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CVS Health Company Culture

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CVS Health News and Updates

CVS Health Will Administer COVID-19 Vaccines in Six Additional States

WOONSOCKET, R.I., Feb. 24, 2021 /PRNewswire/ -- CVS Health (NYSE: CVS) has added Alabama, Arizona, Florida, Louisiana, Ohio, and Pennsylvania to the list of states where select CVS Pharmacy locations will offer COVID-19 vaccinations to eligible populations through the Federal Retail...

CVS Health to Administer COVID-19 Vaccines at Over 80 Pharmacy Locations in Florida as Part of Multi-State Activation

WOONSOCKET, R.I., Feb. 23, 2021 /PRNewswire/ -- In an ongoing effort to expand access to COVID-19 vaccines and help the country move forward from the pandemic, CVS Health (NYSE: CVS) today announced that it will begin to administer vaccines to eligible populations at 81 select CVS...

CVS Health, Lyft and YMCA team for equitable access to a COVID-19 vaccination site

The organizations will directly fund rides through route ride credits using Lyft's transportation platform.

CVS Health Will Return Aetna To Obamacare Market

CVS Health said it will re-enter the business of selling individual coverage under the Affordable Care Act next year.

CVS Health earnings top estimates as pharmacy sales get a lift from Covid testing, vaccines

CVS Health's fourth-quarter earnings beat Wall Street's expectations as its pharmacy sales got a lift from providing Covid-19 testing and vaccines.

CVS Health beats profit, revenue expectations, as it has administered more than 3 million COVID-19 vaccines

Shares of CVS Health Corp. were little changed in premarket trading Tuesday, after the drugstore and health benefits company reported fourth-quarter profit and revenue that beat expectations. Net income fell to $973 million, or 74 cents a share, from $1.75 billion, or $1.34 a share, in the year-ago…
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CVS Health Blogs

A Personalized Approach to Helping Patients Manage Their Medications

While adhering to medicines as prescribed can lower costs and help improve patient outcomes, the process can be burdensome for many patients. Today, half of Americans now regularly take a prescription medication.i And many of these individuals are living with complex or chronic conditions that requ…

CVS Health Research Finds that Managed Care Formulary Model Can Save State Medicaid Programs Millions

CVS Health Research Finds that Managed Care Formulary Model Can Save State Medicaid Programs MillionsThursday, October 25, 2018 States with PBM-managed Medicaid formulary have higher generic drug use and lower overall drug costs PBMs are an important partner to help states deliver cost-effective fo…

Expanding Access to Safe and Convenient Drug Disposal

More than six million Americans misused controlled prescriptions in 2016i, with many obtaining them from family and friends. In fact, in-home medicine cabinets are often the source of diverted prescriptions – making the disposal of unused medicines an important strategy in preventing abuse.   On Oc…

Care Coordination Solutions Following the IMPACT Act

The United States will undergo a population shift over the next several decades, as the number of Americans who are 65 and older increases. In fact, this group will reach 98 million by 2060, accounting for nearly one quarter of the population.1 This population change is particularly significant for…

Bringing Change to Health Care: Merlo at Economic Club of Washington, D.C.

Larry Merlo, President and Chief Executive Officer for CVS Health, presented to the Economic Club of Washington, D.C. — a forum for business leaders and policymakers to address top social and economic issues — to share his vision for transforming health care for Americans. Merlo emphasized how the …

Research: Home Infusion Care for Patients with IBD

New research from Coram CVS Specialty® Infusion Services (Coram) found that patients with Crohn’s disease and ulcerative colitis receiving infusion treatment at home had low incidence of infusion reactions. The study, published in Digestive Diseases and Sciences, provides new evidence that home inf…
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CVS Health Frequently Asked Questions

  • When was CVS Health founded?

    CVS Health was founded in 1963.

  • Who are CVS Health key executives?

    CVS Health's key executives are Larry J. Merlo, Jonathan C. Roberts and Katie Durant.

  • How many employees does CVS Health have?

    CVS Health has 300,000 employees.

  • What is CVS Health revenue?

    Latest CVS Health annual revenue is $268.7 b.

  • What is CVS Health revenue per employee?

    Latest CVS Health revenue per employee is $895.7 k.

  • Who are CVS Health competitors?

    Competitors of CVS Health include Anthem, Rite Aid and UnitedHealth Group.

  • Where is CVS Health headquarters?

    CVS Health headquarters is located at 1 CVS Dr, Woonsocket.

  • Where are CVS Health offices?

    CVS Health has offices in Woonsocket, Irving, Northbrook, Pittsburgh and in 1 other location.

  • How many offices does CVS Health have?

    CVS Health has 5 offices.