Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $112.82 USD
Change Today +0.35 / 0.31%
Volume 4.8M
CVS On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 8:04 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

cvs health corp (CVS) Snapshot

Open
$113.17
Previous Close
$112.47
Day High
$113.58
Day Low
$112.05
52 Week High
07/29/15 - $113.65
52 Week Low
08/6/14 - $74.69
Market Cap
127.3B
Average Volume 10 Days
3.8M
EPS TTM
$4.35
Shares Outstanding
1.1B
EX-Date
07/21/15
P/E TM
25.9x
Dividend
$1.40
Dividend Yield
1.17%
Current Stock Chart for CVS HEALTH CORP (CVS)

cvs health corp (CVS) Details

CVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments. The Pharmacy Services segment offers pharmacy benefit management services, such as plan design and administration, formulary management, Medicare Part D services, mail order and specialty pharmacy services, retail pharmacy network management services, prescription management systems, clinical services, disease management programs, and medical pharmacy management services. This segment serves employers, insurance companies, unions, government employee groups, health plans, managed Medicaid plans and plans offered on public and private organizations, other sponsors of health benefit plans, and individuals under the CVS/caremark Pharmacy Services, Caremark, CarePlus CVS/pharmacy, RxAmerica, Accordant, SilverScript, Coram CVS/specialty, NovoLogix, and Navarro Health Services names. The Retail Pharmacy segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, personal care products, convenience foods, seasonal merchandise, and greeting cards, as well as provides photo finishing services. As of December 31, 2014, it operated 7,822 retail drugstores, 860 health care clinics, 17 onsite pharmacy stores, 27 retail specialty pharmacy stores, 11 specialty mail order pharmacies, 4 mail service dispensing pharmacies, and 86 branches, as well as 6 centers of excellence for infusion and enteral services. The company was formerly known as CVS Caremark Corporation and changed its name to CVS Health Corporation in September 2014. CVS Health Corporation was founded in 1892 and is headquartered in Woonsocket, Rhode Island.

137,800 Employees
Last Reported Date: 02/10/15
Founded in 1892

cvs health corp (CVS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.4M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $825.0K
Executive Vice President and President of CVS...
Total Annual Compensation: $900.0K
Executive Vice President and President of CVS...
Total Annual Compensation: $850.0K
Chief Health Care Strategy Officer, Executive...
Total Annual Compensation: $670.0K
Compensation as of Fiscal Year 2014.

cvs health corp (CVS) Key Developments

Hausfeld and Stein Mitchell File Class Action Against CVS Health Corporation for Alleged Scheme to Defraud Pharmacy Customer

Pharmacy customers of CVS Health Corporation filed a class action lawsuit in the United States District Court for the Northern District of California alleging that the company employed a fraudulent scheme to overcharge millions of customers across the country for generic prescription drugs. Attorneys from Hausfeld and Stein Mitchell Muse Cipollone & Beato LLP represent the plaintiffs and filed the suit on their behalf. The company is alleged to have implemented and maintained a false and deceptive pricing scheme affecting more than 400 generic drugs, forcing customers with health insurance to pay CVS copayments far higher than the usual and customary price CVS charged its cash-paying customers.

CVS and IBM Team Up to Improve Care for Chronic Conditions

CVS and IBM are partnering to create a computer database system that brings together health records, pharmacy and medical claims information, environmental factors, and fitness devices to help healthcare providers manage patient treatment plans better. The companies announced their plan to combine patient and other health data with predictive analytics and the cognitive computing of IBM's Watson Health Cloud to improve care management services for patients with chronic conditions. The services IBM and CVS plan to build together will be made available to insurers and others involved with the employer and health plan marketplace to help predict the health of individuals by analyzing more information better, encourage patients to be more healthy and follow treatment plans, and find more cost-effective care providers. The companies expect the services they develop to especially help with chronic conditions such as hypertension, heart disease, diabetes, and obesity, which represents represent 86% of the $2.9 trillion in annual health spending in the United States.

CVS Health Announces New Clinical Affiliations with Lawrence Memorial Hospital and Lehigh Valley Health Network

CVS Health announced it has entered into new clinical affiliations with two health care organizations, Lawrence Memorial Hospital in Kansas and Lehigh Valley Health Network in Pennsylvania. These affiliations will help enhance access to high-quality, affordable health care services for patients. Through these clinical affiliations, CVS Health will provide prescription and visit information to the participating health care organizations by enabling communication between its secured electronic health record (EHR) systems, which will help enhance clinical care for patients. In addition, patients will continue to have access to clinical support, medication counseling, chronic disease monitoring and wellness programs at CVS/pharmacy stores and MinuteClinic, the retail medical clinic of CVS Health. MinuteClinic, CVS/pharmacy and the participating health care providers will begin to work toward streamlining and enhancing communication through their EHR systems. This will include the electronic sharing of messages and alerts from CVS/pharmacy to affiliates' physicians regarding medication non-adherence issues. In addition, MinuteClinic will electronically share patient visit summaries with the patient's primary care physician when they are part of an affiliate organization and with the patient's consent. MinuteClinic will continue its standard practice of sending patient visit summaries to primary care providers who are not affiliated with these participating health care organizations via fax or mail, with patient consent.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CVS:US $112.82 USD +0.35

CVS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Costco Wholesale Corp $145.52 USD +0.22
Express Scripts Holding Co $89.23 USD -0.84
Home Depot Inc/The $116.89 USD -0.14
UnitedHealth Group Inc $120.89 USD -0.51
Walgreens Boots Alliance Inc $95.91 USD -0.72
View Industry Companies
 

Industry Analysis

CVS

Industry Average

Valuation CVS Industry Range
Price/Earnings 27.6x
Price/Sales 0.9x
Price/Book 3.4x
Price/Cash Flow 26.8x
TEV/Sales 0.8x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CVS HEALTH CORP, please visit www.cvshealth.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.