CVS Health Corp.

CVS Health is making a series of organizational changes to further drive enterprise alignment and fuel its growth strategy.

The changes include:

Woonsocket, R.I. – CVS Health Corp. showed vitality with its financial performance in the fourth quarter and fiscal year 2014. Net income for the fourth quarter grew 5% to $1.32 billion from $1.26 billion.

Discontinuing tobacco sales a year ago may have been the right thing to do for CVS Health, but the company’s fourth quarter results offer other retailers contemplating a similar move a glimpse of the short term impact on sales.

Non-pharmacy front of store same store sales at CVS Health locations declined 7.2% during the fourth quarter but would have registered a slight increase were it not for an 800 basis point negative impact associated with lost sale of tobacco and related products.

The CVS Health Foundation is making a $5 million five-year commitment to the Campaign for Tobacco-Free Kids to launch a new grant program.

Through the “Making the Next Generation Tobacco-Free” program, the CVS Health Foundation will partner with Tobacco-Free Kids to provide grants to organizations committed to implementing public health strategies to reduce youth tobacco use and exposure to secondhand smoke.

As more retailers embrace the growing opportunities in mobile technology, CVS has just announced an overhaul of its already top-rated app. 

Woonsocket, R.I. - CVS/pharmacy today is transforming its mobile app with new features and an improved look and feel. With the goal of enhancing the customer experience, the CVS/pharmacy mobile app updates include:

• A home screen that is more personalized and user-friendly.

• An updated toolbar that makes features more readily accessible.

Patients in Kansas and Louisiana will be able to get help with medication counseling, chronic disease monitoring and wellness programs at CVS Health pharmacies and MinuteClinics under a new agreement.

Woonsocket, R.I. - CVS Health now offers the ScriptAbility prescription accessibility system through its mail service pharmacy to CVS/Caremark members who are blind or visually impaired. The system includes ScripTalk talking prescription labels, as well as braille and large print labels.