About

CVS Health Corporation is an American multinational healthcare company founded in 1963 in Lowell, Massachusetts, by brothers Stanley and Sidney Goldstein and their partner Ralph Hoagland. The name stood for Consumer Value Stores. It owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. Operating as a public company, CVS Health reported a revenue of US$372.8 billion in 2024. It is the world's second largest healthcare company, behind United Health Group, and was ranked 64th in the Forbes Global 2000 in 2023.