The company, founded in 1963, is based in Woonsocket, Rhode Island, and provides a comprehensive healthcare services offering that includes the largest pharmacy benefit manager and a sizable pharmacy operation with nearly 10,000 retail pharmacy locations primarily in the United States. Following its acquisition of Aetna in late 2018, CVS Health now also offers a managed-care organization with 24 million medical members, giving the company a strong position in the insurance industry and enabling it to better control overall healthcare costs for its clients.