Reinventing Pharmacy

The reinvention of pharmacy is underway and CVS Caremark is at the forefront of some exciting changes within the industry. We are always searching for inventive new ways to improve the way pharmacy care is delivered, whether it’s through the sponsorship of important health care research, the development and deployment of breakthrough technology or the just trying new approaches inspired by our customers, clients and patients. And at the center of it all, is our caring, collaborative people, each and every one understanding the power of innovation.

“Helping people on their path to better health.” Paula Monk, who has been with the company for eleven years, is no stranger to this idea.

Recently the 43 year-old retail pharmacist, based near Atlanta, leapt into action to help a customer’s baby who had turned blue while having a febrile seizure – right in front of her pharmacy counter.

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Our unique combination of best-in-class businesses positions us to deliver on this promise in a way that no other company can.

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As a manager of Mail Pharmacy Operations with CVS Caremark, Eric is on the front lines of the company’s efforts to reinvent pharmacy. And as he has discovered, that reinvention is vast and powered by cutting-edge innovations that he says have resulted in him loving what he does.

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Helena Foulkes, EVP and Chief Healthcare Strategy and Marketing Officer, discusses the changes in healthcare and the opportunity for CVS Caremark to be at the front of leading change.

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Larry Merlo, President and Chief Executive Officer, talks about our strategy for reinventing pharmacy and what makes CVS Caremark a pharmacy innovation company: providing better care, at a lower cost, for more people than ever before.

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In December we shared with you that pharmacists are among the most trusted professionals. It seems that trusted advice has quantifiable benefits. CVS Caremark's Pharmacy Advisor program is putting people with diabetes on a path to better health, and there is now a study proving it.

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Gallup's annual "Honesty and Ethics" poll has been released. And this year, as in many previous years, both nurses and pharmacists are leading the pack. The survey aims to determine which professionals Americans most trust. Because we have 25,000 of these dedicated medical personnel among our ranks, we thought we would share the good news.

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Coverage improved and prescription costs dropped for Medicare Part D enrollees between 2006 and 2007. That's the finding of a new study in American Economic Review by researchers from the W.P. Carey School of Business at Arizona State University, The University of Texas at Austin and CVS Caremark.

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Believe it or not, it’s already time to start preparing for flu season. To help people fight the flu CVS/pharmacy and MinuteClinic have announced all 7,800 retail locations across the country will soon have flu shots available with no appointment necessary.

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The rising cost of preventative health care is a universal concern, and we consider any information that helps ease these costs to be information worth sharing. In the latest issue of Health Affairs you'll find an article detailing new research conducted by CVS Caremark, Harvard University and Brigham and Women’s Hospital looking at the cost of treating chronic diseases. 

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