Health care provider CVS Pharmacy
| Formerly | Consumer Value Stores (1963–69) |
|---|---|
| Owner | Melville Corporation (1963–1996) CVS Health (1996–present) |
| Number of employees | 203,000 (2017) |
| Website | cvs. com |
| Footnotes / references |
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What companies have been acquired by CVS?
2020s – 2020 — CVS Health pledges the full weight of the enterprise to focus on solving the essential and urgent health care requirements coming from the COVID-19 pandemic.2020s – 2020 — CVS Health commits to addressing the crucial and urgent health care needs originating from the COVID-19 pandemic.
- More than 15 million COVID-19 tests will be administered across 4,800 sites (through January 2021), and the company will be a leader on the frontlines as it becomes the largest private provider of COVID-19 testing in the United States of America.
- The company will place an emphasis on addressing racial health inequities in Black and Hispanic communities.
In addition, as a direct response to COVID-19, the corporation has made charitable donations totaling more than 50 million dollars. CVS Health plans to invest roughly $600 million over the next five years to improve employee, community, and public policy initiatives to address inequity experienced by Black people and other populations that have been disenfranchised.2021 — Karen S.
- Lynch will take over as President and Chief Executive Officer of CVS Health in February, succeeding Larry Merlo in those roles.
- The administration of the COVID-19 vaccination has begun at CVS Health.
- The organization is one of the first to offer on-site COVID-19 immunization services for residents of nursing homes and assisted living facilities across the United States thanks to a cooperation with the Centers for Disease Control and Prevention (CDC).
Inoculations against COVID-19 will eventually be made available by the firm at almost 10,000 CVS Pharmacy locations. As of the month of August, the organization has already carried out 29 million COVID-19 tests and 30 million vaccination doses. CVS Health is pleased to unveil its updated mission statement.
When did CVS Health acquire Aetna?
On October 10, 2018, CVS Health made an announcement in connection with the acquisition that it had entered into an agreement with the United States Department of Justice (DOJ) that allowed it to proceed with the acquisition of Aetna. This agreement gave CVS Health permission to complete the acquisition of Aetna.
What is CVS Health’s largest sale?
Its most significant transaction that was made public took place in 2017, when it sold RXC Acquisition to McKesson for $735 million. CVS Health has made acquisitions in thirteen different states throughout the United States. Retail (which accounts for 47%) and healthcare services (which accounts for 34%) are the Company’s primary areas of focus.