WOONSOCKET, R.I. and
MINNEAPOLIS, Feb. 3, 2016 /PRNewswire/ -- CVS Health
(NYSE: CVS) and Target Corporation (NYSE: TGT) today announced that
the first CVS Pharmacy locations in Target stores are now open in
the Charlotte, North Carolina
market. The pharmacies, located in Hickory, Monroe, Morrisville, Raleigh, Matthews and Wesley
Chapel, are being operated through a store-within-a-store
format and are branded CVS Pharmacy. CVS Pharmacy and Target
executives will participate in a grand opening celebration at the
Target store on Weddington Road in Wesley Chapel this morning.
Experience the interactive Multimedia News Release here:
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CVS Health will convert 1,672 Target pharmacies to CVS Pharmacy
locations around the country on a rolling basis over the next six
to eight months while ensuring Target guests a seamless pharmacy
experience.
"We're thrilled to have the opportunity to introduce our
integrated pharmacy services and health care expertise to Target
guests across the country," said Larry
Merlo, President and CEO of CVS Health. "Our pharmacy care
and clinic offerings, along with our innovative digital tools, will
offer Target guests expanded wellness options and increased access
to care. In addition, having CVS Pharmacy in Target stores will
expand the network of our pharmacies available to our CVS Caremark
plan members and allow millions of new patients to utilize our
unique suite of pharmacy programs, improving outcomes for patients
and lowering costs for clients. We look forward to welcoming Target
guests as our pharmacy patients. "
"Target is committed to offering solutions for our guests as
they prioritize making smarter choices for the overall health and
wellbeing of themselves and their families. As the number of stores
opening rebranded pharmacies and clinics grows, more and more
guests will have access to CVS Health's leading pharmacy care and
clinical programs during their Target shopping experience. At
the same time, our signature category of Wellness continues to gain
strength as we shift resources to delivering products and
experiences that help guests eat well, be active and find natural
and clean label options," said Brian
Cornell, Chairman and CEO of Target.
Over time, all of the Target pharmacies will convert to a full
CVS Pharmacy that offers the complete suite of services available
at traditional CVS Pharmacy locations. Maintenance Choice, a
program that lets CVS Caremark plan members choose to fill 90-day
supplies of medications for chronic conditions either through mail
service or at any CVS Pharmacy location, is now available in all
pharmacies in Target. Specialty Connect, a program that gives
patients the option to bring their specialty prescriptions to any
CVS Pharmacy, will be available to patients as Target pharmacies
convert to CVS Pharmacy. Pharmacy Advisor, a program in which
CVS Caremark plan members diagnosed with chronic conditions receive
face-to-face counseling when they choose to fill prescriptions at
CVS Pharmacy or by phone when they choose mail service pharmacy,
will be available at all CVS Pharmacy locations in Target by the
end of 2016.
"As we roll out the new CVS Pharmacy in Target stores, we will
be working closely with patients to make their transition to our
services and programs as simple and seamless as possible," added
Helena Foulkes, President of CVS
Pharmacy and Executive Vice President of CVS Health. "CVS
Pharmacy in Target stores will not only introduce new customers to
our leading pharmacy care and innovative clinical programs, it will
also introduce them to a set of digital tools to help them stay
healthy."
Patients at CVS Pharmacy in Target will have access to
convenient and easy-to-use digital tools, such as the CVS Pharmacy
app and CVS.com, to help them manage their prescriptions and stay
on track with their medications. Patients who utilize CVS
Pharmacy's digital offerings are also able to scan their pill
bottles to order refills of their prescriptions and receive
medication reminders while benefiting from easier in-store pickup.
CVS Pharmacy's leading ExtraCare loyalty program and the opt-in
ExtraCare Pharmacy & Health Rewards will allow patients to earn
$5 in ExtraBucks Rewards for every 10
prescriptions filled. Patients can also earn rewards for the other
things they do to stay healthy, like getting immunizations or
choosing email refill reminders.
In December 2015, CVS Health
acquired all Target pharmacies and retail clinics across 47 states.
In addition, a CVS Pharmacy will be included in all new Target
stores that offer pharmacy services and Target clinic locations
will be rebranded as CVS MinuteClinic over the next six to eight
months. The acquisition expands CVS Health's pharmacy footprint by
approximately 20 percent and its clinic footprint by about 8
percent. Consumers in several new markets, such as Seattle, Denver, Portland and Salt
Lake City, will soon be able to experience CVS Pharmacy for
the first time. CVS Health now has a presence in every state except
Wyoming.
To learn more about the Target pharmacy transition, customers
can visit www.cvs.com/target.
About CVS Health
CVS Health is a pharmacy innovation
company helping people on their path to better health. Through its
more than 9,500 retail pharmacies, more than 1,100 walk-in medical
clinics, a leading pharmacy benefits manager with more than 70
million plan members, a dedicated senior pharmacy care business
serving more than one million patients per year, and expanding
specialty pharmacy services, the Company enables people, businesses
and communities to manage health in more affordable, effective
ways. This unique integrated model increases access to quality
care, delivers better health outcomes and lowers overall health
care costs. Find more information about how CVS Health is shaping
the future of health at https://www.cvshealth.com.
About Target
Minneapolis-based Target Corporation (NYSE:
TGT) serves guests at 1,792 stores and at Target.com. Since 1946,
Target has given 5 percent of its profit to communities, which
today equals more than $4 million a
week. For more information, visit Target.com/Pressroom. For a
behind-the-scenes look at Target, visit Target.com/abullseyeview or
follow @TargetNews on Twitter.
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SOURCE CVS Health