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CVS Caremark was founded as MedPartners, Inc. in 1993 in Birmingham, Alabama by several local businessmen as a physician practice management (PPM) company. [ 1 ] HealthSouth , New Enterprise Associates , and Richard M. Scrushy stepped in to provide the company with early financial backing.
CVS had previously operated stores in southern California but completely withdrew from the market in 1993. CVS sold virtually all of the locations to Sav-On's then owner American Stores, who operated them under the name American Drug Stores. Many of the stores CVS gained in January 2006 had been the stores it owned prior to 1993.
CVS Specialty is the specialty pharmacy division that provides specialty pharmacy services for individuals with chronic or genetic diseases who require complex and expensive drug therapies. CVS Health operate 24 retail specialty pharmacy stores and 11 specialty mail order pharmacies, making them the largest specialty pharmacy in the United States.
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CVS Health expects adjusted earnings of at least $8.50 per share. It also forecasts total revenue of at least $366 billion. Analysts expect earnings of $8.51 per share on $344.5 billion in revenue ...
CVS Health, a US pharmacy chain CVS Pharmacy, a subsidiary of CVS Health (originally named the Consumer Value Stores from 1963–1969) CVS Caremark, a prescription benefit management subsidiary; Council for Voluntary Service, England; Cable Video Store, former US pay-per-view service; CVS Ferrari, an Italian mobile handling equipment manufacturer
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