Caremark Rx , Inc.

Industry:	Drug Stores & Pharmacies
Ranking:	Russell 3000
Revenues:	$2.4 Billion
Employees:	13,628

Description

Caremark Rx, Inc. is a leading pharmaceutical services company, providing through its affiliates comprehensive drug benefit services to health plan sponsors and their plan participants throughout the U.S. The company's clients include corporate health plans, managed care organizations, insurance companies, unions, government agencies and other funded benefit plans. In addition, Caremark is a national provider of drug benefits to eligible beneficiaries under the Medicare Part D program. The company operates a national retail pharmacy network with over 60,000 participating pharmacies, seven mail service pharmacies, the industry's only FDA-regulated repackaging plant and 21 licensed specialty pharmacies for delivery of advanced medications to individuals with chronic or genetic diseases and disorders.

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News Archive

Enormous push for e-Rx; Stimulus act gives vendors extra motivation to adopt.(merger of RxHub.net and SureScripts ) Modern Healthcare; 7/20/2009 ...startups. In February 2001, the then three largest pharmacy benefit manager companies, AdvancePCS (later acquired by CareMark Rx, now CVS Caremark), Express Scripts and Medco Health Solutions formed RxHub to serve as their e-prescribing gateway... ...more

SEC Merges with Business Security Advisory Group.(News & Analysis) Security; 7/1/2009 ...director of Global Security, KimberlyClark Corporation); Milt Brown (former chief of corporate security, CVS/Caremark Rx); Joe Carlon (former head of security, Exxon Mobil Corporation); Ed Casey (former CSO, Procter & Gamble... ...more

Drug program well-received Sun, The: Homer Township - Lockport - Lemont (IL); 6/10/2009 ...and no restrictions or limits on frequency of use. Cardholders and their family members may use the card any time their prescriptions are not covered by insurance." The prescription discount drug program is administered by Caremark Rx Inc. ...more