Create greater health care value byincreasing the convenience and quality of care.CVS CaremarkCVS Executive Summary C VS Caremark submitted its Annual report for the year ended December 31, 2012 on February 15, 2013.
Create greater health care value byincreasing the convenience and quality of care.CVS CaremarkCVS Executive Summary C VS Caremark submitted its Annual report for the year ended December 31, 2012 on February 15, 2013.
CVS CaremarkCVS Executive Summary C VS Caremark submitted its Annual report for the year ended December 31, 2012 on February 15, 2013. For this analysis, we have taken this report from the company’s website. Hence all information and analysis in this report is based on the Annual report of the company for the year 2012, released on February 15, 2013. CVS is the largest pharmacy health care provider in US. The company is reinventing pharmacy to offer innovative solutions to help the general public to move towards better health.
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CVS CaremarkCVS Executive Summary C VS Caremark submitted its Annual report for the year ended December 31, 2012 on February 15, 2013. For this analysis, we have taken this report from the company’s website. Hence all information and analysis in this report is based on the Annual report of the company for the year 2012, released on February 15, 2013. CVS is the largest pharmacy health care provider in US. The company is reinventing pharmacy to offer innovative solutions to help the general public to move towards better health. Their continuous effort towards lower care costs has taken the company to operate more than 7,400 CVS/pharmacy stores, serving more than 60 million members. Hence CVS is nation’s largest retail medical clinic system, having more than 600 Minute Clinic locations. The Financial Highlights of the company are as under: 2012 2011 % Increase Net revenues $ 123,133 $ 107,100 15.0% Operating profit $ 7,228 $ 6,330 14.2% Net income $ 3,877 $ 3,461 12.0% Diluted EPS $ 3.03 $ 2.59 17.1% Stock price $ 48.35 $ 40.78 18.6% Market capital. $ 59,527 $ 52,937 12.4% Larry J. Merlo, President and Chief Executive Officer, has focussed on future growth of the company. The company believe in their business model is well aligned with longer term trends in the industry and uniquely positioned. The company’s growth plan is: • First, we will create greater health care value byincreasing the convenience and quality of care; weare expanding and differentiating our services for better health at lower costs • Second, we will serve new and existing customers innew ways; our teams from across the enterprise arefocused on identifying and targeting opportunities tobetter serve the fastest-growing customer segments. • And third, we will optimize our enterprise assets by delivering innovative solutions that leverage ourunmatched breadth of capabilities Company Profile The company profile is as under; *Ticker symbol CVS – NYSE *Mission…
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