CVS Health Corporation is an American multinational healthcare company renowned for integrating retail pharmacy, pharmacy benefits management, and health insurance services. Founded in 1963 as Consume... CVS Health Corporation is an American multinational healthcare company renowned for integrating retail pharmacy, pharmacy benefits management, and health insurance services. Founded in 1963 as Consumer Value Stores in Lowell, Massachusetts, by brothers Stanley and Sidney Goldstein and partner Ralph Hoagland, it has grown into the world's second-largest healthcare company, behind UnitedHealth Group, with headquarters in Woonsocket, Rhode Island. The company operates through key segments: CVS Pharmacy, the largest U.S. retail pharmacy chain with over 9,600 stores across all 50 states, filling one in five prescriptions; CVS Caremark, a leading pharmacy benefits manager serving employers, insurers, and plans with mail-order, specialty, and infusion services; Aetna, a major health insurer; CVS Specialty for complex chronic disease therapies; and additional units like MinuteClinics, Omnicare for long-term care, and Oak Street Health primary care centers. Employing around 300,000 people, CVS Health Corporation plays a pivotal role in the healthcare ecosystem by enhancing access to medications, wellness services, and integrated care solutions for millions nationwide.
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