CVS Health

CVS Health

Comprehensive pharmacy and healthcare services

About CVS Health

Simplify's Rating
Why CVS Health is rated
A
Rated A on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Healthcare

Consumer Goods

Company Size

10,001+

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Woonsocket, Rhode Island

Founded

1963

Overview

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. The company serves individual consumers, businesses, and communities, offering prescription medications, over-the-counter health products, beauty items, and general merchandise. CVS Health also functions as a pharmacy benefits manager, managing health plans for over 75 million members, and provides specialized care for seniors and patients requiring specialty pharmacy services. This integrated approach allows CVS Health to deliver affordable health management solutions, improve access to quality care, and enhance health outcomes while aiming to reduce overall healthcare costs. The company's goal is to support individuals on their journey to better health through its comprehensive offerings.

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Simplify's Take

What believers are saying

  • Expansion of telehealth services leverages CVS's infrastructure for remote healthcare consultations.
  • Rising demand for health and wellness products aligns with CVS's retail offerings.
  • AI integration in pharmacy operations optimizes inventory and enhances customer service.

What critics are saying

  • DOJ's complaint on unlawful opioid prescriptions could harm CVS's reputation and finances.
  • Walgreens' divestment of VillageMD may increase competition in healthcare clinics.
  • Focus on digital personalization requires significant investment and poses execution risks.

What makes CVS Health unique

  • CVS Health operates over 9,600 retail pharmacies and 1,100 walk-in clinics nationwide.
  • The company integrates pharmacy benefits management with retail and specialty pharmacy services.
  • CVS Health's all-in-one app aims to personalize and enhance the healthcare experience.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

Company Equity

Wellness Program

Professional Development Budget

Paid Vacation

Paid Holidays

Company News

PYMNTS
Feb 13th, 2025
Walgreens Continues Efforts To Divest Healthcare Clinic Chain Villagemd

Walgreens Boots Alliance-backed healthcare clinic chain VillageMD is reportedly working with advisers to explore a sale, restructuring or other options. This move comes after Walgreens CEO Tim Wentworth said during a January earnings call that the company plans to divest VillageMD, Bloomberg reported Wednesday (Feb. 12). A Walgreens spokesperson told Bloomberg that Walgreens “is continuing to work toward executing its stated goal of securing an endpoint for its investment in VillageMD, consistent with Walgreens’ turnaround strategy.”

PYMNTS
Feb 12th, 2025
Cvs Health’S All-In-One App Aims To Personalize Healthcare

Digital personalization in the healthcare industry is critical to elevate the customer experience. In keeping with that theme, CVS Health CEO David Joyner identified advancing digital strategies as one of four priorities for 2025 during the company’s fourth-quarter earnings call Wednesday (Feb. 12). The newly redesigned CVS Health app will help “drive simplicity and efficiency while delivering better experiences for the people we serve,” Joyner said during the call

PYMNTS
Feb 6th, 2025
Doctor’S Orders: Lynx Gets $27 Million To Close Health And Finance Gap

Fragmentation and regulation are among the top ways innovation can find itself hamstrung. That goes double for innovation within healthcare payments, where the complexity of the industry requires a sophisticated infrastructure that integrates seamlessly with healthcare’s existing financial and regulatory systems. “Building a platform that meets both sets of requirements is no small feat,” Lynx co-founder and CEO Matt Renfro told PYMNTS

PR Newswire
Jan 2nd, 2025
Haircare Legend Icon, Carolyn Aronson Launches Cloud Haircare In Mass Retail

A New Era in Haircare Begins January 3rd at CloudHaircare.com and CVSMIAMI, Jan. 2, 2025 /PRNewswire/ -- Cloud Haircare, a new brand poised to transform the haircare industry, is officially launching tomorrow, January 3, 2025. Offering affordable, high-performance, vegan, clean, and salon-quality products, Cloud Haircare will be available at CloudHaircare.com, CVS stores nationwide, and CVS.com

Forbes
Dec 28th, 2024
Horizon Organic Milk Recall-& Food Safety Communication Trends, Explained

What does the Horizon Organic Milk recall tell us about the future of food safety communication?. [+] Learn about the trends shaping how brands and retailers keep consumers informed. Denver Post via Getty ImagesHorizon Organic Dairy, LLC, a trusted name in organic milk, has issued a voluntary recall for specific lots of its Horizon Organic Whole Milk 8 fl oz cartons. While no illnesses have been reported, CVS Pharmacy, one of the first retailers to notify customers, has flagged the issue. Here’s what you need to know, why it matters, and how this recall reflects priorities and trends in food safety communication.Horizon Organic Dairy, LLC, a trusted name in organic milk, has issued a voluntary recall for specific lots of its Horizon Organic Whole Milk 8 fl oz cartons. While no illnesses have been reported, CVS Pharmacy, one of the first retailers to notify customers, has flagged the issue

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