Caremark RX

Pharmaceutical services company.

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211 Commerce Street
Nashville, TN 37201
Employees: 13,600
CEO: Mac Crawford
Stock Symbol: CMX


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Caremark Rx is one of the nation's largest pharmaceutical services companies, providing through its affiliates comprehensive drug benefit services to over 2,000 health plan sponsors and their plan participants throughout the U.S.

Caremark's clients include corporate health plans, managed care organizations, insurance companies, unions, government agencies and other funded benefit plans. The Company operates a national retail pharmacy network with over 60,000 participating pharmacies, seven mail service pharmacies, the industry's only FDA-regulated repackaging plant and 21 licensed specialty pharmacies for delivery of advanced medications to individuals with chronic or genetic diseases and disorders.

Caremark was formed as a division of Baxter Healthcare and spun off into an indpendent company in 1992. It merged with AdvancePCS in 2003.

Caremark reported record revenues in 2005 of $32.9 billion and net income of $932.3 million.


Benefits at Caremark include:

- Paid time off
- Health insurance, including prescription drug plan
- Dental insurance
- Vision discount program
- Incentive salary program, with opportunities to increase total compensation based on corporate and individual performance
- Education reimbursement
- Employee stock purchase plan
- Professional development: training, continuing education, and advancement opportunities
- 401(k) savings plan
- Employee, spouse, and child life insurance
- Accidental death and dismemberment insurance
- Short-term and long-term disability insurance
- Business travel accident insurance
- Credit union membership
- Reimbursement accounts for health and dependent care
- Employee assistance program
- Adoption assistance

Updated November 18, 2006

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