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CVS Pharmacy Inc. is an American retail corporation. A subsidiary of CVS Health, it is headquartered in Woonsocket, Rhode Island. Originally named the Consumer Value Stores, it was founded in Lowell, Massachusetts, in 1963.
Cardinal Health, Inc. is an American multinational health care services company, and the 14th highest revenue generating company in the United States. Headquartered in Dublin, Ohio, the company specializes in the distribution of pharmaceuticals and medical products, serving more than 100,000 locations. The company also manufactures medical and surgical product, including gloves, surgical apparel, and fluid management products. In addition, it operates one of the largest networks of radiopharmacies in the U.S. Cardinal Health provides medical products to over 75 percent of hospitals in the United States.
Phi Delta Theta (ΦΔΘ), commonly known as Phi Delt, is an international secret and social fraternity founded in 1848, and currently headquartered, at Miami University in Oxford, Ohio. Phi Delta Theta, along with Beta Theta Pi and Sigma Chi form the Miami Triad. The fraternity has over 200 active chapters and colonies in over 44 U.S. states and five Canadian provinces and has initiated more than 310,000 men between 1848 and 2024. There are over 180,000 living alumni. Phi Delta Theta chartered house corporations own more than 135 houses valued at over $141 million as of summer 2015. There are nearly 100 recognized alumni clubs across the U.S. and Canada.
Thomas M. Ryan is an American businessperson. He was the president and chief executive officer of CVS/Caremark Corporation from 1998 to 2011.
Longs Drugs is an American chain owned by parent company CVS Health with approximately 70 drugstores throughout the state of Hawaii and formerly in the Continental US.
Express Scripts Holding Company is a pharmacy benefit management (PBM) organization. In 2017 it was the 22nd-largest company in the United States by total revenue as well as the largest pharmacy benefit management (PBM) organization in the United States. Express Scripts had 2016 revenues of $100.752 billion. Since December 20, 2018, the company has been a direct subsidiary of Bloomfield, Connecticut-based Cigna.
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The Professional Fraternity Association (PFA) is an American association of national, collegiate, professional fraternities and sororities that was formed in 1978. Since PFA groups are discipline-specific, members join while pursuing graduate degrees as well as undergraduate degrees. PFA groups seek to develop their members professionally in addition to the social development commonly associated with Panhellenic fraternities. Membership requirements of the PFA are broad enough to include groups that do not recruit new members from a single professional discipline. The PFA has welcomed service and honor fraternities as members; however, Greek letter honor societies more commonly belong to the Association of College Honor Societies.
Universal American was a Fortune 500 company with offices throughout the United States, and headquarters in Rye Brook, New York. The company offered health insurance, and also deals in Medicare managed care plans, and Medicare prescription drug benefits. Its CEO is Richard A. Barasch.
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Change Healthcare Inc. is a provider of revenue and payment cycle management that connects payers, providers, and patients within the U.S. healthcare system. The name also refers to a company founded in 2007 which subsequently became part of the current conglomerate. The company operates the largest financial and administrative information exchange in the United States.
Larry J. Merlo is the former president and CEO of CVS Health.
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Specialty pharmacy refers to distribution channels designed to handle specialty drugs — pharmaceutical therapies that are either high cost, high complexity and/or high touch. High touch refers to higher degree of complexity in terms of distribution, administration, or patient management which drives up the cost of the drugs. In the early years specialty pharmacy providers attached "high-touch services to their overall price tags" arguing that patients who receive specialty pharmaceuticals "need high levels of ancillary and follow-up care to ensure that the drug spend is not wasted on them." An example of a specialty drug that would only be available through specialty pharmacy is interferon beta-1a (Avonex), a treatment for MS that requires a refrigerated chain of distribution and costs $17,000 a year. Some specialty pharmacies deal in pharmaceuticals that treat complex or rare chronic conditions such as cancer, rheumatoid arthritis, hemophilia, H.I.V. psoriasis, inflammatory bowel disease (IBD) or Hepatitis C. "Specialty pharmacies are seen as a reliable distribution channel for expensive drugs, offering patients convenience and lower costs while maximizing insurance reimbursements from those companies that cover the drug. Patients typically pay the same co-payments whether or not their insurers cover the drug." As the market demanded specialization in drug distribution and clinical management of complex therapies, specialized pharma (SP) evolved.„ Specialty pharmacies may handle therapies that are biologics, and are injectable or infused. By 2008 the pharmacy benefit management dominated the specialty pharmacies market having acquired smaller specialty pharmacies. PBMs administer specialty pharmacies in their network and can "negotiate better prices and frequently offer a complete menu of specialty pharmaceuticals and related services to serve as an attractive 'one-stop shop' for health plans and employers."
Optum, Inc. is an American healthcare company that provides technology services, pharmacy care services and various direct healthcare services.
Karen S. Lynch is an American businesswoman and the former president and chief executive officer (CEO) of CVS Health. Lynch is on the board of directors of AHIP and previously CVS Health and U.S. Bancorp. In 2015, she became the first female president of Aetna. She has held executive positions at Magellan Health Services and Cigna. In 2021, she became the highest-ranking female chief executive on the Fortune 500 list. She is a member of the President's Export Council, The Business Council, and the Business Roundtable.
References
- 1 2 3 "David Joyner". Rawls College of Business Texas Tech University. Archived from the original on December 6, 2024. Retrieved December 6, 2024.
- ↑ "Phi Delta Theta". Facebook . October 23, 2024. Archived from the original on December 7, 2024. Retrieved December 7, 2024.
- ↑ "The Phi Delta Theta Foundation 2020 Annual Report". Isuu. Phi Delta Theta. August 30, 2021. p. 53. Retrieved December 7, 2024.
- ↑ "OWNERSHIP — Lubbock Matadors SC". archive.ph. December 7, 2024. Retrieved December 8, 2024.
- ↑ "CVS Names New Leaders for Pharmacy Services, Consumer Products". Bloomberg.com. January 23, 2023. Retrieved December 6, 2024.
- ↑ Tulfo, Erika (October 18, 2024). "CVS names new CEO in the wake of layoffs and poor stock performance". cnn.com. CNN . Retrieved October 20, 2024.
- 1 2 Roy, Sriparna; Leo, Leroy (October 19, 2024). "CVS names Joyner as CEO under investor pressure, withdraws profit forecast". Reuters . Retrieved December 6, 2024.
- ↑ "CVS Health CEO Karen Lynch steps down, replaced by David Joyner, after 19% stock plunge". cbsnews.com. CBS News. October 18, 2024. Retrieved October 20, 2024.
- ↑ Constantino, Annika Kim; Pramuk, Jacob (October 18, 2024). "CVS replaces CEO Karen Lynch with exec David Joyner as profits, share price suffer". CNBC. Retrieved December 6, 2024.
- ↑ Lavin, Nancy (October 18, 2024). "CVS Health is hurting. Will a new CEO cure its financial ills?" . Retrieved December 6, 2024.
- ↑ Comer, James (August 28, 2024). "Letter to Joyner FINAL re PBM Hearing Testimony" (PDF). United States House of Representatives Committee on Oversight and Accountability. Retrieved December 7, 2024.
- ↑ Pifer, Rebecca (August 29, 2024). "PBM executives threatened with fines and jail time for alleged perjury in House hearing". Healthcare Dive. Retrieved December 6, 2024.
- ↑ Pifer, Rebecca (September 12, 2024). "PBM executives decline to revise controversial testimony to House committee". Healthcare Dive. Retrieved December 6, 2024.
- ↑ Armstrong, Drew (September 11, 2024). "CVS says it won't correct congressional testimony". Endpoints News. Retrieved December 6, 2024.(subscription required)
