CVS Health Corporation is an American multinational healthcare company with a diverse business model encompassing retail pharmacy, pharmacy benefit management (PBM), health insurance, and walk-in medical clinics. It operates through its connected businesses, including insurance plans, pharmacies, clinics, and health services. CVS Health's mission is to improve the health and well-being of communities by providing accessible, affordable, and high-quality care. Founded as Consumer Value Stores (CVS) in 1963 in Lowell, Massachusetts, by brothers Stanley and Sidney Goldstein and Ralph Hoagland, it initially focused on health and beauty products. By 1967, CVS opened its first stores with pharmacy departments. As of February 2026, David Joyner serves as the Chairman and CEO.
CVS Health is a leading health solutions company with over 300,000 employees. It serves approximately 185 million people across America. The company has a significant presence in the U.S. across multiple sectors, including pharmacies and drug stores, health and medical insurance, and pharmacy benefit management. CVS Health owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider. Recent news includes partnerships with the U.S. Soccer Federation and the National Women's Soccer League to promote community health and wellness, as well as a $5 million scholarship program to support future pharmacists in Louisiana. CVS Health reported fourth-quarter and full-year 2025 results on February 10, 2026. As of February 2026, CVS Health has a market cap of $97.96 Billion USD.