Navigation Links
CVS Caremark Reports Record Results in Fourth Quarter and Fiscal 2009
Date:2/8/2010

l fourth quarter of 2009 as compared to a partial quarter in 2008. Mail choice claims processed during the fourth quarter of 2009 increased 4.4% to 16.7 million compared to 16.0 million in the fourth quarter of 2008 primarily as a result of net new client starts. For fiscal year 2009, total revenue in the pharmacy services segment increased 16.7% to $51.1 billion, compared to $43.8 billion in fiscal year 2008.

Revenues in the retail pharmacy segment increased 4.5% to $14.5 billion in the fourth quarter of 2009. Same store sales (sales from stores open more than one year) increased 4.9% in the fourth quarter of 2009. The growth rate of revenues in the retail pharmacy segment is lower than the growth rate of same store sales due to three fewer reporting days in the fourth quarter of 2009, as compared to the fourth quarter of 2008. Pharmacy same store sales rose 7.3% in the fourth quarter of 2009 and were negatively impacted by approximately 290 basis points due to recent generic introductions. Pharmacy same store sales in the fourth quarter of 2009 were positively impacted by approximately 270 basis points due to Maintenance Choice™. Front store same store sales increased 0.3% in the fourth quarter of 2009. For fiscal year 2009, total revenue in the retail pharmacy segment increased 13.0% to $55.4 billion, compared to $49.0 billion in fiscal year 2008.

The generic dispensing rate in our pharmacy services segment increased approximately 220 basis points to 68.9% and by approximately 260 basis points to 70.6% in our retail segment for the fourth quarter of 2009, compared to the fourth quarter of 2008.

Income from Continuing Operations

Income from continuing operations for the fourth quarter of 2009, increased 10.2% to $1.1 billion'/>"/>

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 15 16 17 18 19 20 21 22 23 24 25 26

Related medicine news :

1. CVS Caremark to Provide $3 Million in Free Flu Shots to the Unemployed
2. CVS Caremark Data Finds More than 50 Percent of Adults 45-years and Younger are not Adherent to Cholesterol Lowering Medications
3. CVS Caremark Announces Results of 2009 Health IQ Study
4. CVS Caremark and Inverness Medical Innovations Launch Strategic Alliance to Provide Enhanced Health Management Services to Clients
5. CVS Caremark Names Andrew J. Sussman, M.D., as President/Chief Operating Officer of MinuteClinic
6. CVS Caremark Charitable Trust Invests $300,000 in Easter Seals' Autism Services for Young Children
7. Cardinal Health Renews Distribution Agreement With CVS Caremark
8. ARTHUR(R) and CVS Caremark Debut the Winner of the ARTHUR/All Kids Can Character Search June 30 on PBS KIDS GO!(SM)
9. CVS Caremark Recognized with Gold Award from National Business Group on Health for Promoting Healthy Lifestyles for Employees
10. CVS Caremark Ranks Among 50 Best Fertility- and Adoption-Friendly Workplaces in America
11. Video: CVS Caremark Charitable Trust Awards $4.2 Million in Grants Benefiting Children with Disabilities, Uninsured
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/5/2015)... (PRWEB) , ... July 06, 2015 , ... ... ancillary benefits market, is excited to announce the next generation of PrimeStar Individual ... Advantage plans to now include two network options—Maximum Allowable Charge (MAC) and usual, ...
(Date:7/5/2015)... ... ... Doctors at the Swedish Cancer Institute in Seattle, Washington say with careful monitoring ... people with pleural mesothelioma. Surviving Mesothelioma has just posted the full story. Click ... treated with 25Gy of radiation over five days just prior to surgery had good ...
(Date:7/4/2015)... ... July 04, 2015 , ... Tyler Boden, ... of technical sales expertise from the North American Board of Certified Energy Practitioners ... the most highly respected and well established national certification organization for renewable energy ...
(Date:7/3/2015)... ... ... Scientists at several top US cancer centers believe they now know why certain ... to read the complete story , just posted on the Surviving Mesothelioma website. ... New York University exposed mice with a mutation on the tumor suppressor gene called ...
(Date:7/3/2015)... (PRWEB) , ... July 03, 2015 , ... Smoothies are ... is a good blender and easily accessible, quality ingredients. Aurora Natural is proud to ... for an added boost of fiber, protein, antioxidants, vitamins and minerals! , Aurora is ...
Breaking Medicine News(10 mins):Health News:Security Life Insurance Company of America Launches the Next Generation of PrimeStar Individual Dental Insurance Plans 2Health News:New Mesothelioma Study Calls IMRT/Surgery Combo “Innovative and Promising”, According to Surviving Mesothelioma 2Health News:Local Solar Professional Earns Industry's Most Prestigious Certification 2Health News:Local Solar Professional Earns Industry's Most Prestigious Certification 3Health News:Study Finds Small Amounts of Asbestos May Trigger Mesothelioma in People with Genetic Mutation, According to Surviving Mesothelioma 2Health News:Aurora Product, Inc. Announces An Original New Line: Smoothie Fixins’ 2
... diets are of no use in losing weights and are ... from the American Dietetic Association//. Dieticians consulted by WebMD also ... gym is no answer either. ,The growing rate of ... who are particularly alarmed at the increasing childhood obesity. Cynthia ...
... a Cesarean operation to deliver Japan's male heir. The ... doctor of the Imperial Household agency//. ,he ... the placenta, a condition called as placenta previa. "We ... operation. It is also highly possible that the delivery ...
... pay compensation and apologise to a young woman orphaned by ... ,Beijing Chaoyang District Court ordered the local China Times ... and issue an apology on its front page for a ... of the woman and the story of her sufferings after ...
... the treatment of recurrent ovarian cancer ignoring the advice of ... in combination with carboplatin (chemotherapy) is very effective for women ... by its generic name gemcitabine and was approved after the ... the statistics of the American Cancer Society about 22,000 women ...
... be mandatory on all tobacco products soon failing which ... ,Other health warnings that could appear on ... pictorial representation of ill-effects of tobacco use and a ... headed by Anbumani Ramadoss, who has been a staunch ...
... than half of human cancers involve mutations in the ... the normal p53 protein in defending// against cancer. Similarly, ... protein occur in its DNA-binding core domain, pointing to ... to its anti-cancer activity. ,Clearly, a detailed ...
Cached Medicine News:Health News:DNA-bound p53 Tumor Suppressor Protein Structure Determined 2
(Date:7/2/2015)... DUBLIN , June 25, 2015 ... "Cancer Diagnostics Market by Technology, Imaging and by Application - ... global cancer diagnostics market is expected to reach $13.1 Billion in ... CAGR of 12.9%. The market is dominated by ... , Asia , and Rest of the World ...
(Date:7/2/2015)...  The Green Exchange, Inc., the developer,s of "Loud ... mobile app that connects cannabis growers directly to patients ... today that their service provides the fastest delivery on ... than half a dozen other delivery apps that have ... unique in that it connects growers directly with ...
(Date:7/2/2015)... 2015 Pharma Major Lupin Limited today ... in Russia subject to certain closing ... market which recorded RUB 765 billion in sales, placing it ... world in 2014 (IMS Health). For over a decade, Russian ... with this trend, projecting Russia to ...
Breaking Medicine Technology:Global Cancer Diagnostics Market Report 2015 - Technology, Imaging and by Applications Forecasts to 2020 for the $13 Billion Industry 2New Cannabis Delivery App Gets Product to Patient in Under 7 Minutes 2Lupin Acquires Biocom in Russia 2Lupin Acquires Biocom in Russia 3
... July 26 Circle Biologics®, Inc. has announced ... Concentrator Platform (APC™).  This innovative single device platform is the ... cell concentration and protein concentration in one point-of-care device. , ... The ...
... 26 Sequella, Inc., a clinical-stage biopharmaceutical company developing drugs for ... the scientific journal Antimicrobial Agents and Chemotherapy on synergy between ... Tibotec lead TB drug candidate: , ... Reddy, V.M., L. Einck, K. Andries, and C.A. Nacy ...
Cached Medicine Technology:Circle Biologics® Introduces Innovation in Medical Devices 2Two New Tuberculosis (TB) Drugs Show Significant Synergy In Vitro 2Two New Tuberculosis (TB) Drugs Show Significant Synergy In Vitro 3
Steerable catheter that is ideal for mapping unusual anatomy...
... NAVI-STAR catheter is specifically designed for use ... precision EP deflectable NAVI-STAR catheter houses a ... to indicate, in real time, exact location ... collecting local electrogram information. The NAVI-STAR electro-anatomical ...
... electrodes which are spaced to permit pacing ... in the Right Atrium, the catheter paces ... catheter may then be repositioned to the ... ventricular pacing and recording. If indicated, the ...
For Atrial Mapping. Biosense Webster offers a complete line of specialty 20-pole catheters. The CRISTA CATH 20-pole deflectable catheter is designed for positioning along the crista terminals....
Medicine Products: