Swot Analysis

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CVS CAREMARK SWOT ANALYSIS CVS CAREMARK SWOT ANALYSIS CVS/pharmacy is one of the nation's largest retail pharmacy chains, with 7,458 stores located in 42 states, the District of Columbia, and Puerto Rico. With more than 40 years in the retail pharmacy industry, CVS/pharmacy generates over 68% of its revenue from the pharmacy business (http://info.cvscaremark.com/our-company). CVS/pharmacy fills more than one of every seven retail prescriptions in America and one of every five in their own markets. Their ExtraCare program boasts over 65 million cardholders, making it the largest retail loyalty program in the country. CVS Caremark has three operating segments: CVS/pharmacy, Caremark Pharmacy Services, and Minute Clinic, which is a walk in clinic that operates within CVS Pharmacy stores. CVS Caremark Pharmacy Services, one of the nation's leading pharmacy benefit management (PBM) companies. Pharmacy benefit management provides comprehensive prescription benefit management services to over 2,000 health plans, including corporations, managed care organizations, insurance companies, unions and government entities. With net revenue of approximately $37 billion (including approximately $5.8 billion of retail copayments) in 2006, they are also one of the largest PBMs. Caremark operates a national retail pharmacy network with over 60,000 participating pharmacies, as well as 11 mail service pharmacies. Its call centers have been recognized for customer satisfaction excellence by J.D. Power & Associates (J.D. Power & Associates is also a client of Caremark). Caremark operates over 70 specialty pharmacies, and its specialty pharmacies have been accredited by the Joint Commission. Its disease management programs through Accordant(R) have also been accredited by the National Committee for Quality Assurance. Although CVS does not have a mission statement, they’re
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