CEO Today Healthcare Awards

www.ceotodaymagazine.com CEO Today Healthcare Awards 2019 60 USA ABOUT LARRY MERLO Larry Merlo is President and Chief Executive Officer of CVS Health, the nation’s premier health innovation company helping people on their path to better health. The company, with $194.6 billion in net revenues for 2018, touches more than 100 million people each year through its unique combination of assets, including more than 9,900 retail locations, approximately 1,100 walk-in medical clinics, a leading pharmacy benefits manager with approximately 92 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan. CVS Health also serves an estimated 38 million people through traditional, voluntary and consumer-directed health insurance products and related services, including rapidly expanding Medicare Advantage offerings. Under Merlo’s leadership, CVS Health is pioneering a bold new approach to total health by making quality care more affordable, accessible, simple and seamless. CVS Health is community-based and locally focused, engaging consumers with the care they need when and where they need it. As part of this deep commitment to public health, in 2014 the company announced the landmark decision to be the first major retail pharmacy to eliminate tobacco sales in all of its stores. To reflect this broader health care commitment, the company subsequently changed its corporate name to CVS Health. Merlo, a pharmacist by education, joined CVS Pharmacy in 1990 through the company’s acquisition of Peoples Drug. Prior to assuming the role of President and CEO in 2011, Merlo held positions of increasing responsibility, most recently President of CVS Pharmacy. Under his leadership, the company completed some of the most successful acquisitions in the history of retail pharmacy and delivered significant organic growth in major markets across the country. Merlo currently serves on the Board of the National Association of Chain Drug Stores (NACDS) and the University of Pittsburgh’s Board of Trustees. He is also a member of the Business Roundtable. He is a graduate of the University of Pittsburgh School of Pharmacy. LARRY MERLO President and CEO of CVS Health FIRM PROFILE Our services; A Suite of Integrated Services CVS Health is a one-of-a-kind health care company that helps patients get the care they need through the channel that works best for them. Each day, we help millions of people on their path to better health. This is our company’s purpose, and it’s the inspiration behind everything we do. For more than 50 years, CVS Pharmacy has offered customers the products and services they need to stay on their path to better health. In addition to our pharmacies, our stores feature on-trend beauty departments, healthier food options and a selection of general merchandise. CVS Caremark offers pharmacy benefit management and prescription mail order services. Our industry-leading strategies help manage drug costs for members and clients. Our SilverScript Medicare Part D plan has received a four- star rating from the Centers for Medicare and Medicaid, and gives beneficiaries access to one of the broadest pharmacy networks in the U.S. Our clinical offerings include more than 1,100 MinuteClinic walk-in medical clinics; Omnicare, the nation’s leading provider of pharmacy services to the long-term care market; and Coram, which provides vital infusion services and expert support to tens of thousands of patients every month. Our Specialty Pharmacy offerings provide patients unique options for obtaining their medications, connecting with others with the same condition, and getting the expert advice they need as they navigate their path to better health. Our integrated digital offerings allow patients to download a single app to manage all their prescription needs, including retail, mail and specialty. Additional apps help our customers save time and money with services such as Curbside Pickup.