- CVS Health, headquartered in Woonsocket, Rhode Island, operates as a leading health care provider, encompassing pharmacy services, health insurance through Aetna, and pharmacy benefit management via Caremark, generating record revenues of $402.1 billion in 2025, up 7.8% year-over-year.
- In the past year, CVS successfully transitioned to cost-based reimbursement across its pharmacy services and reported significant customer wins and retention in its Caremark business, contributing to its strong financial performance.
- CVS Health's Aetna division has improved operational efficiency by approving over 95% of eligible prior authorizations within 24 hours, enhancing the experience for health care professionals and patients alike.
- The ideal buyer for CVS Health includes health care providers and insurers seeking streamlined pharmacy services and improved patient care solutions, particularly as CVS continues to innovate in health care delivery and reimbursement models.
CVS Health's workforce is organized into 19 departments, with Operations being the largest at 8,857 employees, followed by the Executive department with 6,167 employees. Information Technology, with 3,633 employees, also plays a critical role in supporting the company's infrastructure. The balanced mix of departments reflects a comprehensive approach to health care services, with significant representation in Community and Social Services (2,881) and Health Services (2,025), ensuring a robust operational framework.
The company operates across 2,583 locations, with a significant concentration in Woonsocket, RI, housing 6,253 employees, making it the largest site. Other notable locations include Boston, MA, with 1,108 employees, and Fairfield, NJ, with 1,070 employees. The 'Other' category accounts for a substantial 27,650 employees, indicating a distributed workforce across various regions, which supports CVS Health's extensive service network.
