The following materials are incorporated by reference into this Form K: . The Pharmacy Services Segment operates under the CVS Caremark ® Pharmacy. Analyze up to 10 years of full 10K Annual Reports and Quarterly 10Q SEC filings for Cvs Health Corp (CVS) using our online tools to quickly. Get SEC filings for CVS Health Corp (CVS), including Annual Report (10k) and Quarterly Report (10Q).
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CVS Health Corp
However, in recent years, there has been significant consolidation within the generic manufacturing industry, and it is possible that this and other external factors may enhance the ability of manufacturers to sustain or increase pricing of generic pharmaceuticals and diminish our ability to negotiate reduced acquisition costs. Although the majority of our revenues, particularly pharmacy revenues, are generally not seasonal in nature, front store revenues tend to be higher during the December holiday season.
Our ability to locate qualified, economically stable suppliers who satisfy our requirements, and caremaark acquire sufficient products in a timely and effective manner, is critical to ensuring, among other things, that customer confidence is not diminished. Financial Statements and Supplementary Data. Equity compensation plans not approved by stockholders. Our customer returns are not significant.
SEC FILING | CVS Caremark Corporation Form K
Such laws may require that the party carenark risk become licensed as an insurer, establish reserves or otherwise demonstrate financial viability. For certain payment options, including credit and debit cards, we pay interchange and other fees, which could increase periodically thereby raising our operating costs.
Internal control over financial reporting: In addition, our debt level and related debt service obligations could make it more difficult or expensive for us to obtain any required future financing for working capital, capital expenditures, acquisitions or other purposes. As a result, the PDP plan pay percentage or benefit ratio generally decreases and operating profit generally increases as the year progresses.
Upon the closing 10, any acquisition we complete, we 10l need to successfully integrate the products, services and related assets into our business operations.
Risks related to the frequency and rate of the introduction of generic drugs and brand name prescription products. Both our retail pharmacy and LTC pharmacy businesses have also been affected by the margin pressures described above, including client demands for lower prices, generic pricing and network reimbursement pressure. The Red Oak arrangement has an initial term of ten years. Some states have laws that prohibit submitting a false claim or making a false record or statement in order to secure reimbursement from an insurance company.
Income from continuing operations attributable to. Certificate of Amendment to the Amended and Restated Certificate of Incorporation incorporated by reference to Exhibit 3.
Net income loss attributable to noncontrolling. Our current debt service costs associated with our increased debt levels may dampen incremental investments in our business and limit our flexibility to respond to industry changes and market conditions.
In some cases, however, PBM clients may negotiate a shorter or longer contract term or may require early or periodic renegotiation of pricing prior to expiration of a contract. As a result, these reforms impact a number of our services and business practices.
Consumers need medication management programs and better information to help them get caremarrk most out of their health care dollars. Each of the ASR transactions described above, the initial repurchase of the shares and delivery of the remainder of the shares to conclude each ASR, resulted in an immediate reduction of the outstanding shares used to calculate the weighted average common shares outstanding for basic and diluted earnings per share.
Competitors in each of our business areas may offer services and pricing terms that we may not be willing or able to offer. We are not aware of any facts that could materially impact our continuing use of any of our intellectual property. Among these are the following: Most states also have similar consumer protection laws.
These circumstances could have a material adverse effect on our business operations and financial condition. Utilization trends are affected by, among other factors, the introduction of new and successful prescription pharmaceuticals as well as lower-priced generic alternatives to existing brand name products.
We also may not be able to maintain this insurance on acceptable terms in the future. Medical Pharmacy Management – We offer a technology platform that helps identify and capture cost savings opportunities for specialty drugs billed under the medical benefit by identifying outliers to appropriate dosages and costs, and helps to ensure appropriate clinical use of these drugs.
Exact name of Registrant as specified in its charter Delaware. In that regard, our business, financial position and results of operations could be adversely affected by existing and new. During the year ended December 31,the Company repurchased an aggregate of In addition, as a fully integrated pharmacy services company, we are able to offer our clients and their plan members a variety of programs, tools and plan designs that benefit from our integrated systems and the ability of our more than 34, pharmacists, nurses, nurse practitioners and physician assistants to interact personally with the many plan members.
Through its 7, retail pharmacies, more than walk-in medical clinics, a leading pharmacy benefits manager with nearly 65 million plan members, and expanding specialty pharmacy services, it enables people, businesses, and communities to manage health in more effective ways.
In addition, both pharmacy and retail front store revenues are affected by the timing and severity of the cough, cold and flu season. Certain states have recently incorporated these requirements into state laws. Finally, our specialty pharmacy business focuses on complex and high-cost medications that serve a relatively limited universe of patients.
We fund the growth of our business through a combination of cash flow from operations, commercial paper, proceeds from sale-leaseback transactions and long-term borrowings.
The regulations to which we are subject include, but are not limited to: We are required to hold valid DEA and state-level registrations and licenses, meet various security and operating standards and comply with the Controlled Substances Act and its accompanying caremzrk governing the sale, marketing, packaging, holding and distribution of controlled substances.