Navigation Links
CVS Caremark Reports First Quarter Results
Date:5/5/2011

WOONSOCKET, R.I., May 5, 2011 /PRNewswire/ -- CVS Caremark Corporation (NYSE: CVS), today announced revenues, operating profit, and net income for the three months ended March 31, 2011.

(Logo: http://photos.prnewswire.com/prnh/20090226/NE75914LOGO)

First Quarter Year-Over-Year Highlights:

  • Net revenues increased 8.9% to a record $25.9 billion
  • Pharmacy Services segment revenues increased 18.4%
  • Retail Pharmacy segment revenues increased 4.4%, with same stores sales up 2.6%
  • Adjusted diluted EPS from continuing operations of $0.57
  • GAAP diluted EPS from continuing operations of $0.52

  • Guidance:

  • Full-year Adjusted diluted EPS from continuing operations reaffirmed at $2.72 - $2.82
  • Full-year GAAP diluted EPS from continuing operations reaffirmed at $2.52 – $2.62

  • Revenues:Net revenues for the three months ended March 31, 2011 increased $2.1 billion to a record $25.9 billion, up from $23.8 billion during the three months ended March 31, 2010.

    Revenues in the Pharmacy Services segment increased 18.4% to $14.0 billion in the three months ended March 31, 2011. This increase was primarily associated with the addition of the previously announced long-term contract with Aetna. Retail network claims processed during the three months ended March 31, 2011 increased 19.5% to 157.7 million, compared to 132.0 million in the prior year period. The increase in retail network claims was primarily due to the Aetna contract as well as an increase in Medicare Part D prescription drug claims as a result of increases in covered lives. Mail choice claims processed during the three months ended March 31, 2011 increased approximately 13.0% to 17.5 million compared to 15.5 million in the prior year period. The increase in the mail choice claim v
    '/>"/>

    SOURCE CVS Caremark Corporation
    Copyright©2010 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14

    Related medicine technology :

    1. CVS Caremark Study Finds Non-Adherent Heart Failure Patients Almost Twice as Likely to be Re-Hospitalized Within a Year
    2. CVS Caremark Data Confirms Improved Outcomes for Women with Osteoporosis Who are Adherent to Therapy
    3. CVS Caremark Launches Distribution of $3 million in Free Seasonal Flu Shot Vouchers to the Unemployed
    4. CVS Caremark Celebrates Outstanding Pharmacy Care to Patients During American Pharmacists Month in October
    5. CVS Caremark Undertakes Multi-Year Study to Improve Patient Medication Adherence
    6. CVS Caremark Announces Updates to Flu Vaccine Program
    7. CVS Caremarks MinuteClinic and Allina Hospitals & Clinics Form Strategic Partnership
    8. CVS Caremark Corporation Increases Quarterly Dividend 15%
    9. CVS Caremarks MinuteClinic Becomes First Retail Clinic Provider to Achieve Consecutive Accreditation Awards From The Joint Commission
    10. CVS Caremark Names New Chief Human Resources Officer
    11. CVS Caremark Corporation Announces Quarterly Dividend
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:5/22/2015)... 2015  Effective staffing of key marketing services ... success. Research and consulting leader ... pharmaceutical and biotech marketing managers with metrics detailing ... are being channeled into marketing operations of global ... utilize this report to benchmark their own resource ...
    (Date:5/22/2015)... Texas , May 22, 2015 ... million in 2014 and is estimated to reach $90.7 million ... 2019. Browse through the TOC of North America ... segments, with the help of various tables and figures. ... receive 10% customization on this report.   ...
    (Date:5/22/2015)... WASHINGTON , May 22, 2015  The ... certain diagnosed victims of mesothelioma get the best ... making certain individuals with this rare cancer caused ... the most up-to-date information related to treatment options ... information please call the Mesothelioma Victims Center anytime ...
    Breaking Medicine Technology:Effective Marketing Services Group Critical for Pharmaceutical Brand Recognition 2North America Dental Lasers Market is Expected to Reach $90.7 Million by 2019, at a CAGR of 9.2% From 2014 to 2019 2North America Dental Lasers Market is Expected to Reach $90.7 Million by 2019, at a CAGR of 9.2% From 2014 to 2019 3Mesothelioma Victims Center Calls Attention to a Recent Medical Article About a New Drug That Could Slow the Progression of Mesothelioma and Allow People to Live Longer 2Mesothelioma Victims Center Calls Attention to a Recent Medical Article About a New Drug That Could Slow the Progression of Mesothelioma and Allow People to Live Longer 3Mesothelioma Victims Center Calls Attention to a Recent Medical Article About a New Drug That Could Slow the Progression of Mesothelioma and Allow People to Live Longer 4Mesothelioma Victims Center Calls Attention to a Recent Medical Article About a New Drug That Could Slow the Progression of Mesothelioma and Allow People to Live Longer 5
    (Date:5/25/2015)... Aliso Viejo, CA (PRWEB) May 25, 2015 ... generate their very own VJ neon light backdrops with a click ... camera position, scale and much more all within Final Cut Pro ... ranging from categories such as drop zones, kaleidoscope and much more ... ProDrop Light Show drop zones and text presets, users ...
    (Date:5/25/2015)... Americas announces major investment in new technology and personnel ... Medical Answering Service customers. Through a combination of ... provides a seamless transition between a health care provider’s ... patient satisfaction. , Tunstall is pleased to ... expanded facilities and the latest telecommunication software and hardware ...
    (Date:5/24/2015)... Pacific Prime has announced that they have launched the second ... of individual international health insurance. Titled: The Cost of Health Insurance ... health insurance in six top expat destinations, which are also popular ... Kong , Singapore , China , ... UK , Article 2 presents an in-depth look at ...
    (Date:5/24/2015)... 24, 2015 For people who are ... Enterokinase Industry, 2009-2019 Market Research Report would be an ... exhaustive study on the present market scenario of this ... the growing Chinese market of this industry. The report ... status of the manufacturers in this industry. The report ...
    (Date:5/24/2015)... EnviroLeatherâ„¢ by LDI, a leader in ... classic, rugged leather grain with enhanced stain resistance ... ink, to be easily removed. The collection is ... healthcare, hospitality and education environments. , InkGard Plus ... developing products that are more sustainable, less toxic ...
    Breaking Medicine News(10 mins):Health News:Developers at Pixel Film Studios Release of ProDrop Light Show for Final Cut Pro X. 2Health News:Tunstall Introduces New Medical Answering Service for the 21st Century Practice 2Health News:Pacific Prime Releases 2nd Article of Cost of Health Insurance Report 2Health News:Global and Chinese Enterokinase Industry 2009-2019 Market Research Report Now Available at RnRMarketResearch.com 2Health News:Global and Chinese Enterokinase Industry 2009-2019 Market Research Report Now Available at RnRMarketResearch.com 3Health News:Global and Chinese Enterokinase Industry 2009-2019 Market Research Report Now Available at RnRMarketResearch.com 4Health News:EnviroLeather By LDI Launches "InkGard Plus" - Stain Resistant Faux Leather 2
    ... Transportation as Legislative Priority for 2009WASHINGTON, May 21 ... the federal transportation bill this year, the American ... for America coalition in releasing a blueprint to ... Route to Reform," outlines a renewed vision for ...
    ... of Americans believe that long-term services and supports should ... frankly be surprised if they are not, according to ... the American Association of Homes and Services for the ... percent of respondents feel that health care reform should ...
    ... speech-generating device for aphasia, announces the release of the ... easily into a pocket or purse for communication and ... selection of phrases, icons, and videos to have with ... and the SmallTalk provide a comprehensive system for aphasia ...
    ... 23000 to Receive Message Displaying Gulf Coast Medical Center,s Average ... is allowing patients in the Panama City, FL area to ... Medical Center before they go to the hospital. The ... website and via text messaging."Earlier this year, we became the ...
    ... Department of Veterans Affairs (VA) has provided $215 million ... Veterans in rural and highly rural areas. "This ... health care needs of our rural Veterans," Secretary of ... allow VA to establish new outpatient clinics, expand collaborations ...
    ... effortOAKLAND, Calif., May 21 SEIU United Healthcare Workers-West ... California Public Employee Relations Board (PERB) to allow the ... Pablo to continue. The PERB issued its ruling in ... DMC management and organizers of NUHW, which is seeking ...
    Cached Medicine News:Health News:APHA Joins National Coalition in Issuing Transportation Reform Blueprint 2Health News:Poll Finds Americans See Long-term Services and Supports as a Priority, Not an Option, for Health Care Reform 2Health News:Poll Finds Americans See Long-term Services and Supports as a Priority, Not an Option, for Health Care Reform 3Health News:ER Wait Times at Your Fingertips 2Health News:Secretary Shinseki Announces $215 Million in Projects for Rural Veterans 2Health News:Doctors Medical Center Election Tainted 2
    Designed to determine the precise length of limbal incisions and proper alignment of closing sutures. Curved marking blade with 2 mm lines spaced 1 mm apart-measures up to 10 mm. Round knurled handle...
    Endoscopes are also available in fully autoclavable models in 1.8, 2.7, 4.0. 5.0 and 10.0 mm diameters. Manufactured with precise swiss lenses. Built-in temperature measuring device to exactly determ...
    Endoscopes are also available in fully autoclavable models in 1.8, 2.7, 4.0. 5.0 and 10.0 mm diameters. Manufactured with precise swiss lenses. Built-in temperature measuring device to exactly determ...
    Endoscopes are also available in fully autoclavable models in 1.8, 2.7, 4.0. 5.0 and 10.0 mm diameters. Manufactured with precise swiss lenses. Built-in temperature measuring device to exactly determ...
    Medicine Products: