About Business
CVS Health is an American healthcare insurance and pharmacy company founded in 1963 by Stanley P. Goldstein, Sidney Goldstein, and Ralph P. Hoagland III. The company is headquartered in Woonsocket, Rhode Island, U.S. It acquires a chain of retail pharmacies known as CVS Pharmacy. It also owns a pharmacy benefits manager, CVS Caremark, and a health insurance provider, Aetna. CVS Health ranks as the world?s second-largest healthcare brand after UnitedHealth Group. In 1970, CVS had acquired almost 100 stores in the New England and the Northeast. Moreover, in 1990, it acquired 500 people?s drug stores, and by 1994, it had launched a pharmacy benefit management company, PharmaCare.
