CVS Specialty
- Company typePrivate
- Founded-
- HeadquartersWoonsocket, United States
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
CVS Specialty firmographics
Firmographics- Name
- CVS Specialty
- Legal name
- CVS Specialty, Inc.
- Website
- https://cvsspecialty.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
CVS Specialty industry classification
Industry- Product category
- Specialty Pharmacy Services
- NAICS
- Pharmacies and Drug Retailers (456110), Ambulatory Health Care Services (621)
- SIC
- Retail-Drug Stores And Proprietary Stores (5912), Services-Home Health Care Services (8082)
- akta.pro primary industry
- Specialty Pharmacies (Complex/High-Cost Therapies) (HLAFALAC)
- akta.pro secondary industries
- Specialty Pharmacy & Complex Therapy Management Platforms (HLACAKAG), Specialty Pharmacy Benefit Management (Specialty PBM) (HLAEAKAE), Pharmacy & Health Essentials Delivery (CRAFAFAI)
Keywords
Where CVS Specialty is headquartered
LocationHeadquarters
- HQ city
- Woonsocket
- HQ country
- United States
- HQ region
- North America
Offices12 records
Markets served
CVS Specialty business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Specialty Medication Dispensing: CVS Specialty dispenses specialty medications for complex and chronic conditions including oncology, rare diseases, immunology, and other specialty therapies. Revenue is generated through pharmacy benefit plan coverage, insurance claims processing, and patient copayments/coinsurance.
- Coram Infusion Services: Home infusion and nutrition therapy services including IV medications, total parenteral nutrition (TPN), and tube feeding. Services include medication, equipment, supplies, and nursing support, billed through insurance.
- Pharma Partnerships: Collaborations with pharmaceutical manufacturers for limited distribution drugs, biosimilars, and gene therapies. CVS Specialty manages product launches and distribution for pharma partners.
- Payor Services: Specialty pharmacy benefit management services for health plans, including clinical care coordination, prior authorization support, and analytics to help payors manage specialty drug spend.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
CVS Specialty product offering
Product offeringCore offering
CVS Specialty is a specialty pharmacy that dispenses medications for complex and chronic conditions including oncology, rare diseases, immunology, and HIV, supported by condition-specific CareTeams of nurses and pharmacists. It also provides home infusion and nutrition therapy through Coram, with medications delivered to patients' homes, workplaces, or any of 9,000 CVS Pharmacy pickup locations across all 50 states.
Product overview
CVS Specialty operates as a specialty pharmacy with two core offerings: CVS Specialty (for complex and chronic condition medications) and Coram Infusion Services (for home infusion and nutrition therapy). The portfolio includes provider-facing tools like CVS Specialty Central for prescription tracking and CVS Specialty Expedite for EHR-enabled patient onboarding, patient-facing digital tools including a mobile app and CVS Health MyChart patient portal, and physical care options through CVS Infusion Care ambulatory suites. All services are supported by dedicated CareTeams of specially trained nurses and pharmacists.
Differentiator
Problem solved
Functional benefit
Brands
- CVS Specialty Central: Provider portal for tracking prescription orders 24/7 and accessing patient information
- CVS Specialty Expedite
- Coram Infusion Services
- CVS Infusion Care Suites
- CVS Specialty Easy Refill
- Cell and Gene Therapy Experience Center
Products and services
- CVS Specialty A specialty pharmacy service that dispenses medications for complex and chronic conditions including oncology, rare diseases, immunology, and HIV, with dedicated CareTeam support, digital pharmacy tools, and home delivery or CVS Pharmacy pickup options.
- Coram Infusion Services Home infusion and nutrition therapy services including IV medications, total parenteral nutrition (TPN), and tube feeding with 24/7 clinical and nursing support for patients in their homes.
- CVS Infusion Care Suites Ambulatory infusion suites providing specialty infusion or injection therapy in a non-hospital setting with flexible scheduling and nursing support, located across Arizona, California, Florida, Illinois, Minnesota, New Mexico, Nevada, Pennsylvania, and South Carolina.
Quantifiable outcome
- 50% of prescriptions processed without additional outreach to prescribers
- +4 more outcomes
Companies that use CVS Specialty
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
CVS Specialty technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature5 records
CVS Specialty partnerships and signals
Strategic signalScale indicators11 records
Recent moves6 records
Expansion highlights5 records
CVS Specialty competitors and assessment
Company assessmentDirect peers
- Accredo (Express Scripts / Evernorth): Accredo is the largest US specialty pharmacy operated by Evernorth (Cigna's PBM/Health Services arm), offering dispensing, home infusion, care management, and limited distribution drug access for oncology, rare disease, and gene therapy. It competes directly with CVS Specialty on the same pharma limited distribution panels, payor contracts, and patient populations.
- Prime Therapeutics Specialty Pharmacy: Prime Therapeutics is a PBM owned by multiple Blue Cross Blue Shield plans and operates its own specialty pharmacy offering for complex and chronic conditions. It is comparable to CVS Specialty in providing specialty dispensing, clinical management, and payor-aligned services across a national footprint.
- Humana Pharmacy (Humana Inc.): Humana Pharmacy is Humana's owned specialty and mail-order pharmacy serving Medicare Advantage and Part D members with chronic and complex conditions. Like CVS Specialty, it leverages its parent payor for embedded specialty volume and competes for limited distribution drug access.
- Optum Specialty Pharmacy (Optum Rx / UnitedHealth Group): Optum Specialty Pharmacy (built on acquired Avella, Diplomat, and US Bioservices) is a national specialty pharmacy aligned with the Optum Rx PBM and UnitedHealthcare. It mirrors CVS Specialty's full-stack model spanning mail, infusion, gene therapy distribution, and provider digital tools, and is the most direct competitor within integrated payor-PBM-specialty stacks.
- CenterWell Specialty Pharmacy (Humana): CenterWell Specialty Pharmacy is Humana's specialty pharmacy serving senior and Medicare Advantage members with complex therapies, including home infusion. It is a vertically integrated specialty peer aligned with a major payor, comparable to CVS Specialty's Aetna/Caremark alignment.
- Walgreens Specialty Pharmacy (Walgreens Boots Alliance): Walgreens Specialty Pharmacy operates a national specialty mail and retail-pickup network under Shields Health Solutions and AllianceRx Walgreens Prime, serving oncology, HIV, and rare disease patients. It competes head-to-head with CVS Specialty for limited distribution drug panels, payor contracts, and provider referrals.
- CarelonRx Specialty (Elevance Health): CarelonRx (formerly IngenioRx), Elevance Health's PBM, operates a specialty pharmacy including BioPlus, providing dispensing, prior authorization, and clinical management for complex therapies to Elevance-affiliated health plans. It is a vertically integrated direct peer with payor ownership comparable to CVS Specialty.
Broad incumbents
- Amazon Pharmacy (Amazon): Amazon Pharmacy (built on PillPack) is Amazon's consumer-facing mail-order pharmacy that has been expanding into specialty and chronic-condition medications. While not yet a specialty-only player at CVS Specialty's scale, it represents a disruptive adjacent competitor leveraging consumer logistics and Amazon's broader healthcare investments.
Emerging players
- Walmart Specialty Pharmacy: Walmart Specialty Pharmacy operates within Walmart's pharmacy organization to dispense specialty and complex-condition medications with national reach and retail-store pickup optionality. It is a smaller, emerging specialty peer whose retail footprint mirrors CVS Specialty's 9,000-store pickup network.
- Onco360 Oncology Pharmacy: Onco360 is a specialty pharmacy focused exclusively on oncology and hematology medications, competing for limited distribution oncology launches. It is a niche specialty peer whose therapeutic focus overlaps directly with one of CVS Specialty's strongest categories.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights6 records
Customer concentration
CVS Specialty social profiles
Digital presenceCVS Specialty compliance and trust
Trust signalCompliance10 records
CVS Specialty financial estimates
Financial estimateRevenue estimate
Valuation estimate
CVS Specialty leadership team
Management profileNumber of profiles
CVS Specialty subsidiaries and ownership
Company hierarchySubsidiaries1 record
CVS Specialty funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CVS Specialty M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CVS Specialty
What does CVS Specialty do?
CVS Specialty is a specialty pharmacy that dispenses medications for complex and chronic conditions including oncology, rare diseases, immunology, and HIV, supported by condition-specific CareTeams of nurses and pharmacists. It also provides home infusion and nutrition therapy through Coram, with medications delivered to patients' homes, workplaces, or any of 9,000 CVS Pharmacy pickup locations across all 50 states.
Is CVS Specialty a public or private company?
CVS Specialty is a private company. It is classified as corporate owned and is currently operating.
When was CVS Specialty founded?
CVS Specialty was founded in -1. It employs 5,001 to 10,000 people.
Where is CVS Specialty based?
CVS Specialty is headquartered in Woonsocket, United States, in the North America region.
How does CVS Specialty make money?
Four revenue lines are on record. Specialty Medication Dispensing is the primary driver. The others are coram Infusion Services, pharma Partnerships and payor Services.
Who are CVS Specialty's main competitors?
Direct peers on record are Accredo (Express Scripts / Evernorth), Prime Therapeutics Specialty Pharmacy, Humana Pharmacy (Humana Inc.), Optum Specialty Pharmacy (Optum Rx / UnitedHealth Group), CenterWell Specialty Pharmacy (Humana), Walgreens Specialty Pharmacy (Walgreens Boots Alliance) and CarelonRx Specialty (Elevance Health). Amazon Pharmacy (Amazon) is listed as a broad incumbent. Emerging players are Walmart Specialty Pharmacy and Onco360 Oncology Pharmacy.
Does CVS Specialty have an API?
No public API is recorded for CVS Specialty.
What industry is CVS Specialty in?
CVS Specialty's product category is Specialty Pharmacy Services. Its primary akta.pro industry code is HLAFALAC, Specialty Pharmacies (Complex/High-Cost Therapies), with a secondary code of HLACAKAG, Specialty Pharmacy & Complex Therapy Management Platforms. Its NAICS code is 456110 and its SIC code is 5912.