CVS

A deal announced last month between CVS Caremark and Cardinal Health created a joint venture that the companies said would be the largest generic drug sourcing entity in the United States.

Each company will have a 50% stake in the joint venture, contributing its respective sourcing and supply chain expertise. The deal also included an extension of Cardinal Health’s existing pharmaceutical distribution agreement with CVS Caremark through June 2019.

HARTFORD, Conn. — Aetna has announced that Walmart and Sam’s Club pharmacies have been added to the preferred pharmacy network of the Aetna CVS/pharmacy Prescription Drug Plan as of Jan. 1.

WOONSOCKET, R.I. — During the holiday season, 81 area nonprofit organizations received funds from the CVS Caremark Charity Classic at a recently held presentation at CVS Caremark’s headquarters.

As the largest charitable sporting event in Rhode Island that attracts world-class golfers, the tournament donated $1.3 million in 2013 to organizations across Southern New England, bringing the total support since 1999 to more than $17 million.

WOONSOCKET, R.I. — CVS/pharmacy announced on Monday the launch of the Family Vitamin Center, a new health hub on CVS.com to help educate customers on the vitamins and supplements that can support their personal health goals.

ATLANTA — InComm, a leading prepaid product and transaction services company, on Monday announced that six health plans across Arizona and Texas will be providing over-the-counter benefits through Medagate, InComm's healthcare platform. 

WOONSOCKET, R.I. — With coverage under the Affordable Care Act now underway for millions of Americans, CVS Caremark has announced that it is ready to help patients who may experience coverage issues or have questions as they access care and prescription medications under new plans for the first time.

DEERFIELD, Ill. — A national gay-rights organization has given Walgreens top marks for its practices related to gay, lesbian, bisexual and transgender people.

In its 2014 Corporate Equality Index, the Human Rights Campaign Foundation gave the Deerfield, Ill.-based retail pharmacy chain a "perfect" score of 100. 2014 is the ninth year that Walgreens has won a perfect score.

As the company completes its 50th year in business and the country awaits a period of change in health care unlike anything seen in at least that time, CVS Caremark executives are quite confident that its unique hybrid structure and its ability to leverage the three core parts of its business — either individually or together, in varying combinations to serve a multitude of needs — aligns more effectively with the long-term trends in health care and puts the company in a unique position at a singular moment in history.