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Caremark Pharmacy Services · Nashville, TN United States

Company Description

211 Commerce St. Ste. 800
Nashville, TN
37201
United States (Map)
Phone: 615-743-6600
Fax: 205-733-9780
Rankings
  • #333 in FT Global 500
  • #58 in FORTUNE 500
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Caremark Pharmacy Services (formerly Caremark Rx) cares about keeping medicine affordable. The prescription benefits management division of CVS Caremark (formerly CVS), Caremark Pharmacy Services designs and administers the drug coverage programs of thousands of corporate, managed care, government, and union health plans. It operates a national network of some 60,000 retail pharmacies and mail-order offices through which health plan members buy drugs, often at discounts that Caremark negotiates with their makers. The division was formed in 2007 when CVS acquired Caremark, merging Caremark's pharmacy services businesses with those of CVS subsidiary PharmaCareTo read the full description, subscribe now.
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Key Caremark Pharmacy Services Financials

Company TypeBusiness Segment

Headquarters
Fiscal Year-EndDecember
Employees13,628

Caremark Pharmacy Services Executives

20 executives listed for Caremark Pharmacy Services's Nashville, TN location.
TitleName & BioContact
PresidentHoward McLureNetwork
EVP, CFO, and Chief Administrative OfficerDavid RickardNetwork
EVP Strategy and Chief Legal OfficerDouglas SgarroNetwork

Competition

Competitive Landscape for Caremark Pharmacy Services
Demand is driven by the aging of the US population and advances in medical treatment. The profitability of individual companies depends on access to medical insurance groups. Large companies have economies of scale in purchasing and in access to large groups of customers. Small companies can compete effectively through convenient location or special merchandising. To read the full description, subscribe now.
Top Caremark Pharmacy Services Competitors
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