Navigation Links
CVS Caremark Reports Record Results in Fourth Quarter and Year 2008
Date:2/19/2009

Fourth Quarter Year-Over-Year Highlights:

- Adjusted EPS from continuing operations of $0.70, [excluding amortization], up 19.8%

- GAAP diluted EPS from continuing operations of $0.65, up 18.3%

- Net revenues of $24.1 billion

WOONSOCKET, R.I., Feb. 19 /PRNewswire-FirstCall/ -- CVS Caremark Corporation (NYSE: CVS), today announced record revenues, operating profit, and earnings for the fourth quarter and year ended December 31, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080731/NETH034LOGO )

Revenues:

Net revenues for the fourth quarter ended December 31, 2008, increased $2.2 billion to $24.1 billion, up from $21.9 billion during the fourth quarter ended December 29, 2007. For the full year, total revenue increased 14.6% to a record $87.5 billion, compared to $76.3 billion in 2007.

Revenues in the pharmacy services segment increased 1.5% to $11.8 billion in the fourth quarter ended December 31, 2008. Adjusting the growth rate for the impact of new generics, net revenues would have grown 7.8% in the pharmacy services segment. Retail network claims processed during the fourth quarter ended December 31, 2008, increased 18.0% to 160.3 million, compared to 135.8 million in the prior year period. Retail network claims processed increased during the fourth quarter ended December 31, 2008 primarily due to the acquisition of RxAmerica, organic growth in our existing business, increased enrollment in our Medicare Part D business, the inclusion of four additional days in fiscal 2008 and new client starts. Mail service claims processed during the fourth quarter ended December 31, 2008 decreased 14.5% to 15.9 million compared to 18.6 million in
'/>"/>

SOURCE CVS Caremark Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23

Related medicine news :

1. CVS Caremark Issues Statement on Settlement Concerning Disposal of Patient Information at its Retail Stores
2. Caremark Customer Care Centers Recognized for Customer Satisfaction Excellence by J.D. Power and Associates Certified Call Center Program(SM)
3. CVS Caremark Presents Influenza Vaccine Data at Rescheduled 2008 DMAA Annual Meeting
4. CVS Caremark Named Finalist in URAC Annual Best Practices in Health Care Consumer Empowerment and Protection Awards
5. CVS Caremark Applauds FTCs Leadership on Follow-on Biologics
6. CVS Caremark All Kids Can Announces the Opening of a Boundless Playground in Los Angeles to Serve Children of All Abilities
7. CVS Caremark Names Troyen Brennan, MD, EVP, Chief Medical Officer
8. SilverScript Insurance Company, a CVS Caremark Company, Provides Variety of Medicare Prescription Drug Plan Options for 2009
9. CVS Caremark Partners with Google Health to Provide Consumers with Online Access to their Prescription History through Caremark.com
10. CVS Caremark Reports Record Second Quarter Revenues, Operating Profit, and Earnings
11. CVS Caremark Employees Raise $1 Million and Increase Awareness for Children with Disabilities through Easter Seals Walk With Me Events Nationwide
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/21/2014)... of the leading online stores of real and synthetic hair ... human hair lace wigs inspired by 6 famous celebrities. It’s ... latest celebrity hairstyles are. , For people who ... to choose from: a style of yaki straight lace wig, ... ombre red lace wig. People can go to the product ...
(Date:9/21/2014)... United-Kingdom (PRWEB) September 22, 2014 PhUSE ... Sweeney and Dr. Lilliam Rosario as keynote speakers for ... Following keynotes from Dr. Ben Goldacre in 2013 ... Professor Lord Winston in 2011 , PhUSE again presents ... who are passionate about advancement of clinical information. , ...
(Date:9/21/2014)... September 21, 2014 Waldorf Risk ... Management Portal designed for Diocesan risks. The portal ... to support effective risk management and loss control ... live coinciding with Waldorf’s exhibition at the Diocesan ... These applications were developed in collaboration with three ...
(Date:9/21/2014)... (PRWEB) September 21, 2014 The ... BHWG) will host a statewide symposium ( tinyurl.com/ILBHC14 ... Veterans, and their Families. Sponsored by the VNA ... Lottery Cash Grant, and Health & Disability Advocates, ... at the Hilton Hotel in Springfield, IL. ...
(Date:9/21/2014)... Cheap Hosting USA, one of the leading review websites, ... the best Reseller hosting suppliers in 2014. “It is ... these companies have outperformed their competitors on hosting features, ... the best web hosting at affordable rates,” the site’s ... reseller hosting is a very popular way for webmasters ...
Breaking Medicine News(10 mins):Health News:UniWigs New Arrivals Just In- Human Hair Lace Wigs Inspired By Famous Celebrities 2Health News:PhUSE announces Final List of Industry Influencers as Keynote Speakers 2Health News:PhUSE announces Final List of Industry Influencers as Keynote Speakers 3Health News:Waldorf Risk Solutions Releases New Risk Management Portal 2Health News:Enhancing Clinical Competence to Serve Veterans, a Statewide Symposium 2Health News:Enhancing Clinical Competence to Serve Veterans, a Statewide Symposium 3Health News:Best Cheap Hosting USA Announces The Best Reseller Hosting Suppliers In 2014 2
... at the University of Cincinnati (UC) suggests that ... process that can provide cells with nutrients from ... can protect tumor cells from chemotherapy, allowing them ... a hidden, dormant, metastatic state. In this ...
... NY It should be possible to significantly improve ... drugs, say scientists at Cold Spring Harbor Laboratory (CSHL), ... cells with their immediate surroundings, called the tumor microenvironment. ... Cancer Cell , CSHL Assistant Professor Mikala Egeblad ...
... , MONDAY, April 16 (HealthDay News) -- The ... surgery increased drastically in 2011, according to the American ... augmentation procedures was greater than breast augmentation, Botox injections ... chin augmentation may include increased use of video-chat technology, ...
... Indiana University and the Regenstrief Institute have developed an ... the specific health needs of each patient in the ... new study, "Automated Primary Care Screening in Pediatric Waiting ... found that by personalizing and automating the patient ...
... the place where an estimated 30 percent of Americans die, there ... job at managing end of life care. A new study ... is starting a discussion over the need to create end of ... nursing homes with incentive to improve care. "Nursing homes are ...
... (April 16, 2012) Cancer is much more likely in the ... to fight the disease and the often-toxic side effects of treatment. ... Research Center at The University of Texas Health Science Center at ... work only in younger patients can be used to help the ...
Cached Medicine News:Health News:Specific inhibition of autophagy may represent a new concept for treatment of kidney cancer 2Health News:Live imaging shows response to cancer drugs can be boosted by altering tumor microenvironment 2Health News:Live imaging shows response to cancer drugs can be boosted by altering tumor microenvironment 3Health News:Chin Implant Surgeries On the Rise in U.S. 2Health News:IU, Regenstrief automated system aims to improve child health 2Health News:IU, Regenstrief automated system aims to improve child health 3Health News:Study recommends ways to evaluate end-of-life care in nursing homes 2Health News:Study recommends ways to evaluate end-of-life care in nursing homes 3Health News:Immunotherapy for elderly cancer patients finds new promise in drug combination 2Health News:Immunotherapy for elderly cancer patients finds new promise in drug combination 3
(Date:9/19/2014)... -- The American Association for Homecare (AAHomecare) is pleased ... joined the AAHomecare Corporate Partner Program. ... been actively involved in AAHomecare for much of the ... into a major global manufacturer of home medical equipment. ... increase efforts on behalf of the HME sector in ...
(Date:9/19/2014)... Sept. 19, 2014 UBM Medica US announces ... online community to help oncologists and other clinicians gain ... the use of targeted therapies and immunotherapies, discusses some ... treatment.  Every September, Blood Cancer ... raise awareness about blood cancers—helping to increase survival rates ...
(Date:9/19/2014)... Larry J. Merlo , President and CEO of CVS ... National Press Club in Washington, D.C. ... selling tobacco products and its leadership in driving the innovations ... changes in our health care system pose enormous challenges to ... "CVS Health has a truly unique combination of business assets ...
Breaking Medicine Technology:Drive Medical Design & Manufacturing Joins AAHomecare Corporate Partner Program 2OncoTherapy Network Highlights National Blood Cancer Awareness Month 2OncoTherapy Network Highlights National Blood Cancer Awareness Month 3OncoTherapy Network Highlights National Blood Cancer Awareness Month 4CVS Health CEO to Address National Press Club on Landmark Decision to Quit Tobacco, Leadership in Health Care Innovation 2CVS Health CEO to Address National Press Club on Landmark Decision to Quit Tobacco, Leadership in Health Care Innovation 3
The GC OIA test is a rapid assay for the diagnosis of gonorrhea. Thermo solved the challenge of developing a specific rapid assay for Neisseria gonorrhea by using the proprietary ribosomal protein, ...
... is a high performance assay for the ... B with a simple, easy-to-use test that ... minutes. Assay advantages include superior performance with ... to 14-day viral culture enables you to ...
... The CHLAYMDIA OIA test delivers 100% ... results in 19 minutes. With ... not returning for follow-up, this assay ... which can contribute to detection and ...
... therapy and nerve block procedures, Cadwells ... has a precisely machined Trocar (beveled) ... attached 61-cm (24-in) lead wire. Needle ... patient use only. A starter kit ...
Medicine Products: