CVS Health Corporation is a diversified healthcare company that operates a large network of retail pharmacies, pharmacy benefit management services and health care solutions. Headquartered in Woonsocket, Rhode Island, the company traces its roots to the early 1960s and has grown into an integrated provider of prescription drugs, over‑the‑counter products, clinical services and health insurance offerings. Its operating model combines retail pharmacy locations and in‑store clinics with broader pharmacy and health plan capabilities.
Key business activities include CVS Pharmacy retail operations, MinuteClinic walk‑in medical clinics and HealthHUB locations that offer expanded clinical services. The company also operates a major pharmacy services business (often referred to as Caremark) that manages prescription benefits for employers, insurers and other clients, along with specialty pharmacy and long‑term care services. CVS expanded into the health insurance and managed care market through its acquisition of Aetna, enabling the company to offer health plans and care management alongside traditional pharmacy services.
CVS serves customers primarily across the United States, including U.S. territories, through thousands of retail locations and a national pharmacy services network. The company emphasizes integration of retail, pharmacy benefit management and care delivery to lower costs and improve access to care. Karen S. Lynch serves as president and chief executive officer, leading CVS Health’s efforts to coordinate pharmacy, health plan and in‑person clinical services as part of its broader health care strategy.