Super health club history
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Merlo joined CVS/pharmacy in 1990 through the acquisition of People’s Drug.Ģ012 - CVS Caremark announces that it exceeded $100 billion in revenues in 2011.Ģ014 -CVS Caremark purchases Coram, the specialty infusion services and enteral nutrition business unit of Apria Healthcare Group Inc. to enhance access to high-quality, affordable health care services.Ģ011 - In March, Larry Merlo succeeds Tom Ryan as President and CEO of CVS Caremark.
#Super health club history series#
complete their transformative merger, creating CVS Caremark, the nation’s premier integrated pharmacy services provider.Ģ008 - CVS Caremark acquires 541 stores from Longs Drug in California, Hawaii, Nevada and Arizona, giving CVS/pharmacy immediate market leadership in Northern and Central California.Ģ009 - MinuteClinic begins a series of affiliations with major health systems across the U.S. QuickMedx is renamed MinuteClinic in December 2002.Ģ003 - Caremark Rx and AdvancePCS announce strategic combination, creating a $23 billion company.Ģ004 - CVS completes its acquisition of 1,268 Eckerd Stores and Eckerd Health Services, Eckerd’s mail order and pharmacy benefit management business.Ģ005 - CVS/pharmacy partners with MinuteClinic, announcing three clinics to open in CVS/pharmacy stores.Ģ006 - MinuteClinic becomes the first retail clinic to be accredited by The Joint Commission.ĬVS acquires 700 stand-alone Sav-On and Osco drugstores from Albertsons, growing its presence in southern California and key Midwest markets.ĬVS Corporation acquires MinuteClinic, America’s leading operator of in-store health clinics.Ģ007 - CVS Corporation and Caremark Rx, Inc. The company’s first locations in Phoenix and Las Vegas are also announced.
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at the time.ĬVS/pharmacy announces plans to enter the Chicago market and continue expansion in Florida with stores slated for Fort Lauderdale and Orlando.Ģ001 - CVS/pharmacy introduces the ExtraCare Card, becoming the first national pharmacy retailer to launch a loyalty card program.Ģ002 - CVS/pharmacy continues to grow, announcing plans to enter Texas with stores targeted for high-population-growth markets such as Dallas and Houston. Tom Ryan is named chairman of CVS Corporation, succeeding company co-founder Stanley Goldstein.ĬVS announces plans to enter Florida, with stores initially planned for the Tampa market.ĬVS/pharmacy launches CVS.com, the first fully integrated online pharmacy in the United States.Ģ000 - Rick Krieger and partners Douglas Smith, M.D., Steve Pontius and Kevin Smith, RN, FNP found QuickMedx, the retail health care centers that became MinuteClinic.ĬVS Corporation acquires Stadtlander pharmacy, making CVS ProCare the largest specialty pharmacy in the U.S. The acquisition of Revco gives CVS key drugstore locations primarily in the Midwest and Southeast.Ĭaremark merges the prescription benefit management business and the biotech business.ġ998 - CVS acquires 200 stores from Arbor Drugs of Michigan to bring its store total to 4,100 across 24 states.Ĭaremark defines pharmaceutical services as its core operating unit and establishes a national pharmacy and therapeutics committee.ġ999 -Caremark launches online prescription refills. Stanley Goldstein is the company’s first chairman.Ĭaremark enters the multiple sclerosis marketplace.ġ997 - CVS completes its acquisition of more than 2,500 stores from Revco, the largest acquisition in the history of the U.S.
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Ryan began his career with CVS/pharmacy in 1974 as a pharmacy intern.ġ995 - Caremark launches CarePatterns® disease management programs.ġ996 - Following the restructuring of Melville Corporation, CVS Corporation becomes a standalone company trading on the New York Stock Exchange under the CVS ticker. Tom Ryan is named President and CEO of CVS/pharmacy. The Caremark formulary is developed and clinical intervention programs are introduced.ġ994 - CVS launches PharmaCare, a pharmacy benefit management company providing a wide range of services to employers and insurers.