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Founded in 1892 and headquartered in Woonsocket, Rhode Island, CVS Health Corporation is a health services company that operates through four segments: Pharmacy Services, Retail/Long-Term Care (LTC), Health Care Benefits and Corporate/Other. The Pharmacy Services segment is the company’s pharmacy benefit manager (PBM), offering administration, clinical services, disease management services, formulary management, mail order pharmacy, medical spend management, plan design offerings, retail pharmacy network management services and specialty infusion and pharmacy services. The Retail/LTC segment sells prescription drugs, health and wellness products and general merchandise. Its Health Care Benefits segment provides consumer-directed, traditional and voluntary health insurance products and related services, including behavioral health, dental, medical, pharmacy and medical management capabilities. Lastly, its Corporate/Other segment offers administrative and management services. CVS Health also offers specialty pharmacy services and a senior pharmacy care business
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