CVS Health

CVS Health Corporation
Formerly
  • CVS Corporation (1996โ€“2007)
  • CVS Caremark Corporation (2007โ€“2014)
Company typePublic
Industry
PredecessorMelville Corporation
Founded1963 (1963) in Lowell, Massachusetts, U.S.
Founders
Headquarters,
U.S.
Number of locations
9,135 (2024)
Area served
United States
Key people
David Joyner (president and CEO)
ServicesHealth care provider
Pharmacy benefit manager
Revenue US$372.8 billion (2024)
US$8.516 billion (2024)
US$4.614 billion (2024)
Total assets US$253.2 billion (2024)
Total equity US$75.73 billion (2024)
Number of employees
c.โ€‰300,000 (2024)
Subsidiaries
Websitecvshealth.com
Footnotes / references

CVS Health Corporation is an American multinational healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the world's second largest healthcare company, behind UnitedHealth Group. In 2023, the company was ranked 64th in the Forbes Global 2000. CVS started in Lowell, Massachusetts by brothers Stanley and Sidney Goldstein and their partner Ralph Hoagland. The name stood for Consumer Value Stores.