# CVS Health

> CVS Health is a publicly traded American health-solutions company that combines nearly 9,000 retail pharmacies, Aetna insurance, CVS Caremark pharmacy benefits, specialty and mail-order pharmacy, and more than 1,000 walk-in and primary-care clinics. Its wager is that a single company connecting coverage, prescriptions, neighborhood care, home visits and digital tools can make a fragmented system easier to use and less expensive, while creating revenue at several points in a patient's health journey.

- **Founded:** 1963
- **Headquarters:** Woonsocket, United States
- **Founders:** Stanley P. Goldstein (Co-founder), Sidney Goldstein (Co-founder), Ralph P. Hoagland III (Co-founder)
- **Team size:** More than 300,000 colleagues
- **Products:** CVS Pharmacy, CVS Caremark, Aetna, MinuteClinic, CVS Specialty
- **Notable:** Grew from one Consumer Value Store in Lowell in 1963 to approximately 9,000 retail pharmacy locations by March 2026., Stopped selling tobacco products in 2014, accepting an estimated $2 billion annual revenue impact to align its retail operation with a health-care strategy., Became a major private provider of COVID-19 testing and an early provider of vaccinations in long-term-care settings during 2020 and 2021.

## Products & services

- **CVS Pharmacy** — A national retail and digital pharmacy network offering prescriptions, vaccinations, health products, delivery, ExtraCare rewards and consumer retail services.
- **CVS Caremark** — Pharmacy-benefit management for employers, health plans, unions and government clients, including formulary management, mail service, specialty support and drug-cost negotiation.
- **Aetna** — Medical, pharmacy, dental and behavioral health insurance products for employers, individuals, Medicare and Medicaid populations.
- **MinuteClinic** — Walk-in and virtual care for common illnesses, vaccinations, screenings and selected chronic-condition and wellness services.
- **CVS Specialty** — Specialty-pharmacy support for complex or chronic conditions, including medication fulfillment, clinical support and delivery options.
- **Oak Street Health** — Value-based primary care for older adults through more than 230 centers across 27 states, many in underserved communities.
- **Signify Health** — In-home health evaluations and provider-enablement services that connect health-plan members with clinicians in the home.
- **CVS Health app** — A consumer app for managing benefits, prescriptions, appointments, virtual care and wellness purchases across several CVS Health businesses.
- **Health100** — A CVS Health technology subsidiary developing an AI-native consumer engagement platform with Google Cloud, with initial launch planned for 2026.

## Achievements

- Grew from one Consumer Value Store in Lowell in 1963 to approximately 9,000 retail pharmacy locations by March 2026.
- Stopped selling tobacco products in 2014, accepting an estimated $2 billion annual revenue impact to align its retail operation with a health-care strategy.
- Became a major private provider of COVID-19 testing and an early provider of vaccinations in long-term-care settings during 2020 and 2021.
- Completed the Aetna acquisition in 2018 and the Signify Health and Oak Street Health acquisitions in 2023.
- Reported record full-year 2025 revenue of $402.1 billion and $10.6 billion in operating cash flow.
- Reported 96 percent adoption of lower-list-price Humira biosimilars among relevant members, with more than $1.5 billion in savings for clients and members.
- Won a 2026 Newsweek AI Impact Award for AI-assisted prescription interpretation and instruction standardization.
- Won Gold for Enterprise AI and Silver for Customer Experience AI at the 2026 American Business Awards.

## Latest updates

- **2026-07** — CVS Pharmacy announced pet medications at its pharmacies and opened its first pharmacy-focused Houston location; CVS Health also announced community-health support in Massachusetts.
- **2026-06** — CVS Pharmacy expanded GLP-1 weight-management support, while the CVS Health Foundation announced $1 million investments in both Rhode Island and Hartford-area nonprofits.
- **2026-05** — CVS Health reported first-quarter revenue of $100.4 billion, raised full-year guidance, expanded its Salesforce partnership and received recognition for AI-assisted medication safety.
- **2026-03** — CVS Health and Google Cloud announced Health100, an AI-native health-engagement platform intended to connect consumers across health services.
- **2026-02** — The company reported record 2025 revenue of $402.1 billion and announced CVS Pharmacy partnerships with U.S. Soccer and the NWSL.
- **2025-12** — At investor day, CVS Health outlined a unified, AI-native platform anchored in a single app and targeted mid-teens adjusted EPS compound annual growth through 2028.

## Links

- Website: https://www.cvshealth.com/
- LinkedIn: https://www.linkedin.com/company/cvshealth
- Twitter/X: https://twitter.com/CVSHealth
- YouTube: https://www.youtube.com/@CVShealth
- Instagram: https://www.instagram.com/cvshealth/
- Facebook: https://www.facebook.com/CVSHealth/

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Profile page: https://yespress.io/cvs-health
Published by YesPress — https://yespress.io
Last updated: 2026-08-13
