What Companies Are Owned By CVS?
CVS Health is a retailer that sells beauty products, health products, and pharmaceutical products. With over 9,000 locations across the United States, CVS Health generates about $7.17 billion annually. The companies or subsidiaries owned by CVS Health are:
MinuteClinicCVS PharmacyCVS CaremarkLongs DrugsCVS Specialty PharmacyNavarro Discount PharmacyAccordantOmnicareCoramHealthHUB
MinuteClinic
MinuteClinic is a walk-in medical center companies owned by CVS Pharmacy stores. It is present in 33 states with over 1,100 locations. They are also present inside some Target stores across the U. S. Staffs of MinuteClinic are mainly physician assistants and nurse practitioners. They attend to cases such as sexually transmitted diseases testing with treatment, vaccinations like Pneumovax, Hepatitis A, and B, influenza, tetanus pertussis, etc. They also offer contraception services and Tuberculosis testing.
CVS Pharmacy
It is a retail pharmaceutical store and it is one of the largest in the U. S. CVS Pharmacy is present in all 50 states. They have an ExtraCare loyalty program that rewards customers with loyalty cards. There are over 70 million cardholders across the U. S. This has made the ExtraCare loyalty program the largest reward program in the country.
CVS Caremark
Caremark was acquired by CVS Health in 2006 and they provide pharmacy benefit services to customers. Drug dispensation to customers of CVS Pharmacy is always handled by CVS Caremark. Health insurance, health care plans, mail order pharmacy, long-term care pharmacy, etc. , are the management services offered by CVS Caremark. They cater to over 27,000 retail pharmacies, and 41,000 chain pharmacies, and these makeup about 68,000 retail pharmacies across the country. Customers of CVS Caremark include government employees, unions, employers, insurance companies, sponsors of healthcare benefit plans, etc.
Longs Drugs
Longs Drugs is also a retail pharmaceutical store acquired by CVS Health in 2008. It is located in the State of Hawaii with about 40 drug stores across the state. It is being operated as a separate brand from CVS Pharmacy. The brand name ‘Longs Drugs’ was maintained after the acquisition because it has become a common name locally. Longs Drugs stores can only be found in the state of Hawaii.
CVS Specialty Pharmacy
CVS Specialty Pharmacy provides care for chronic and genetic disease patients. They provide pharmacy services specialized in the care of individuals requiring complex and expensive drugs for their ailments. CVS Health has 11 specialties mail-order pharmacies and 24 retail specialty pharmacies across the U. S. They are the largest specialty pharmacy in the country.
Navarro Discount Pharmacy
It was acquired in 2014 and owned by CVS Health and operated as a separate brand. Navarro Discount Pharmacy is operating with 32 stores across South Florida only. The 32 stores cover Miami-Dade and Broward Counties.
Accordant
Accordant caters to patients with rare diseases, unlike CVS Specialty which only caters to chronic and genetic diseases. Their services extend to both the patient and their caregivers, making them a retailer for case management and care management of rare diseases. Customers of Accordants belong to the group of health plan workers, third-party administrators, and employers.
Omnicare
It was acquired by CVS Health in 2015Omnicare is a retail store that sells pharmaceutical products to care homes and long-term facility centers across North America. They are present in 47 states, with over 160 stores across the country.
Coram
Coram provides infusion services at clinics and homes to patients. They also provide tube feeding. They are also involved in patient monitoring, counseling, and education. Coram is a large home infusion network with over 50,000 patients monthly. They are present in 85 locations across the U. S.
HealthHUB
HealthHUBs mainly sell medical equipment, home and health technologies, sleep apnea, etc. They operate inside some selected CVS Pharmacy stores. These pharmacy stores offer additional services through HealthHUB to customers, unlike other pharmacy stores without HealthHUB. Such CVS Pharmacy has staff that is Care Givers with knowledge of HealthHub services and products. HealthHUBs are also present in some MinuteClinics. Such MinuteClinics have, in addition to the Physician Assistant and Nurse Practitioners, Medical Assistants, Licensed Practical Nurses, Vocational Nurses, and Registered Nurses.
Conclusion
CVS Health is a large healthcare retail company with various brands that cater to a different aspects of the human healthcare system. They are also present across the U.S under different brand names.
What is the full meaning of CVS?
CVS stands for Customer value Store
What is the whole CVS brand collective name?
The CVS brand is called CVS Health Corporation.
