About Caremark
Caremark is a Financial Services company based in Lee's Summit (United States) founded in 1995, and was acquired by CVS Health in November 2006. Pharmacy benefits are managed independently for clients. Caremark has completed 1 acquisition, including Novologix. Its website caremark.com draws about 4.5 million monthly visits. Its focus areas include Services for Health Insurers, Pharmacy Benefit Managers, Healthcare and Third-Party Administrators.
Company details
Caremark was established in 1995 as an independent pharmacy benefit manager in Lees Summit, United States. Operations are centered on administering prescription drug programs for employers, health plans, and government entities. Services encompass formulary development, claims processing, and network management to control pharmaceutical costs. The company operates within the healthcare sector, focusing on pharmacy benefits without affiliation to major chains. Geographic reach includes nationwide coverage in the U.S.
- Headquarters Lee's Summit, United States
- Stage Acquired
- SectorsFinancial Services
- Website category Health
- Phone•••• ••••
- Website caremark.com
- Acquired by CVS Health (Nov 2006)
- InvestorsCVS Health
& 1 more
- Investments & Acquisitions
- Acquired by
Apps and channels of Caremark
Caremark publishes 1 mobile app.
Investors in Caremark
Caremark has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include CVS Health and Baxter.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Biosciences, medication delivery, and renal products are developed and marketed. | 1931 | baxter.com | Deerfield, United States | |
Retail pharmacy and healthcare services are provided nationwide. | 1963 | cvshealth.com | Woonsocket, United States |
Investor details for Caremark
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Investments & Acquisitions by Caremark
Caremark has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Novologix.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Limited information available | novologix.com | Bloomington, United States | 1999 | Mar 2013 | •••• |
Complete acquisition details for Caremark
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Timeline of Caremark
4 dated milestones of Caremark across 26 years, from founding to its latest funding, stage changes and deals.
- Exit Acquired by Baxter.
- Founded Caremark is founded.
- Exit Acquired by CVS Health.
- Acquisition Acquires Novologix.
Web traffic of Caremark
The website of Caremark (caremark.com) receives about 4.5M visits a month and ranks #11,205 among all websites worldwide, #202 in Health.
- Monthly visits4.5M
▲ 36% vs previous month
- Unique visitors1.4M
per month
- Global rank#11,205
among all websites
- Category rank#202
Health · Health
- Bounce rate24%
- Pages per visit7.9
- Average visit5 min 59 sec
- DevicesDesktop 53% · Mobile 47%
Websites whose visitors overlap most with Caremark. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| cvshealth.com | 100% | 3.4M | #18,631 | View details | |
| cvsspecialty.com | 99% | #20,083 | View details | ||
| express-scripts.com | 91% | 6.4M | #6,892 | View details | |
cvs.com | cvs.com | 91% | #412 | – | |
info.cvscaremark.com | info.cvscaremark.com | 80% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Caremark
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Insurance & Risk Management
3 companies that operate in the same segment as Caremark (Insurance & Risk Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | |||
Financial institution offering insurance & transaction services | 1847 | Jacksonville, United States | USD 500 M | USD 14.51 B | 23,530 | |
Integrated healthcare services and coverage are provided nationwide. | 1945 | United States |
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Related news about Caremark
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Frequently Asked Questions about Caremark
Caremark was founded in 1995.
Caremark is headquartered in Lee's Summit, United States. It is registered at Lee's Summit, Missouri, United States.
Caremark was established in 1995 as an independent pharmacy benefit manager in Lees Summit, United States. Operations are centered on administering prescription drug programs for employers, health plans, and government entities. Services encompass formulary development, claims processing, and network management to control pharmaceutical costs. The company operates within the healthcare sector, focusing on pharmacy benefits without affiliation to major chains. Geographic reach includes nationwide coverage in the U.S.
Caremark has made 1 acquisition, including Novologix.
Caremark has 2 investors. Key investors include CVS Health, and Baxter.
Yes. Caremark was acquired by CVS Health in November 2006.
Yes. Caremark publishes CVS Caremark.
The website of Caremark receives about 4.5 million visits a month and ranks #11,205 among all websites worldwide.