CVS Pharmacy

CVS Pharmacy

Retail pharmacy and healthcare services provider

About

Company Historically Provides H1B Sponsorship

CVS Health operates a large network of retail pharmacies and walk-in medical clinics across the United States, providing a variety of health-related products and services. Its pharmacies offer prescription medications, over-the-counter health products, beauty items, and general merchandise. CVS Health also functions as a pharmacy benefits manager, serving over 75 million plan members, and has a senior pharmacy care business that assists more than one million patients each year. The company aims to improve health outcomes and reduce healthcare costs by offering integrated health management solutions. This comprehensive approach, along with its extensive market presence, distinguishes CVS Health from its competitors, as it focuses on increasing access to quality care for individuals, businesses, and communities.

Company Stage

Debt Financing

Employees

10,001+

Industries

Healthcare, Consumer Goods

Total Funding

N/A

Headquarters

Woonsocket, Rhode Island

Founded

1963


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Simplify's Take

What believers are saying

  • Expansion of at-home health tests aligns with CVS's preventive health strategy.
  • Simplified digital scheduling for vaccinations improves customer experience and operational efficiency.
  • Free cash-back services can attract customers amid rising fees at other retailers.

What critics are saying

  • DOJ's civil complaint may lead to financial penalties and reputational damage.
  • Competition from Walmart and Amazon in at-home health tests could impact CVS's market share.
  • Legal scrutiny over opioid prescriptions could erode consumer trust in CVS.

What makes CVS Pharmacy unique

  • CVS offers a comprehensive range of health services, including retail pharmacies and clinics.
  • The company integrates pharmacy benefits management with retail services for a seamless customer experience.
  • CVS collaborates with local police for drug collection, enhancing community health and safety.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

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