OptumRx and CVS Pharmacy Partner to Expand Consumer Choice, Reduce Costs and Improve Health Outcomes

Strategic relationship brings together OptumRx’s leading pharmacy
care services with CVS Pharmacy’s leading in-store health and wellness
capabilities, helping to engage consumers in a more valuable health care

OptumRx clients and members will now have more convenient choices for
filling 90-day prescription options at pharmacies nationwide

CHICAGO & WOONSOCKET, R.I.–(BUSINESS WIRE)–OptumRx and CVS Pharmacy are partnering to provide more convenient
choices and lower costs for consumers and clients while improving health
outcomes. OptumRx is UnitedHealth Group’s [NYSE: UNH] free-standing
pharmacy care services business, managing more than one billion
prescriptions annually. CVS Pharmacy, the retail division of CVS Health
[NYSE: CVS], is America’s leading retail pharmacy, with more than 9,600
retail pharmacies across the nation.

The strategic relationship will bring together complementary
capabilities to provide greater convenience and value. Together, the two
companies will offer employers a new pharmacy network solution that:

  • Provides eligible OptumRx members the option to fill 90-day
    prescriptions at prices equal to home delivery copay levels at CVS
    locations nationwide or through OptumRx home delivery;
  • Increases consumer engagement and improves health outcomes through the
    combination of OptumRx’s leading pharmacy and clinical solutions with
    CVS Pharmacy’s leading in-store health and wellness capabilities;
  • Enables OptumRx and CVS Pharmacy to leverage a shared pharmacy
    platform to develop new pharmacy and health solutions for clients and

“Our new strategic relationship with CVS Pharmacy will benefit our
clients and consumers by improving access to medications, driving better
health outcomes, and reducing costs,” said Mark Thierer, chief executive
officer of OptumRx. “By deepening our relationship, we can develop
innovations that further modernize and enhance pharmacy care.”

Further expanding OptumRx’s full range of network offerings, this joint
pharmacy offering provides a platform for Optum and CVS Pharmacy to
bring together capabilities and systems to build new combined pharmacy,
health and wellness programs. Optum’s long-term business relationship
with CVS Pharmacy as traditional pharmacy network partners ensures this
new pharmacy solution will quickly benefit consumers and clients,
improving health outcomes and lowering costs beyond the pharmacy.

“We are very pleased to announce that we will be partnering with
OptumRx, which will allow us to explore innovative ways of helping
patients on their path to better health,” said Helena Foulkes, president
of CVS Pharmacy. “This strategic relationship will enhance patients’
access to care, lower costs, and improve health outcomes through our
unmatched clinical capabilities delivered by our 27,000 retail
pharmacists nationwide.”

OptumRx and CVS expect the new 90-day pharmacy solution to be available
to OptumRx commercial clients implementing new 90-day prescription
benefit designs, beginning July 1, 2017.

About CVS Pharmacy
CVS Pharmacy, the retail division of CVS
Health (NYSE: CVS), is America’s leading retail pharmacy with over 9,600
locations. It is the first national pharmacy to end the sale of tobacco
and the first pharmacy in the nation to receive the Community Pharmacy
accreditation from URAC, the leading health care accreditation
organization that establishes quality standards for the health care
industry. CVS Pharmacy is reinventing pharmacy to help people on their
path to better health by providing the most accessible and personalized
expertise, both in its stores and online at CVS.com. General information
about CVS Pharmacy and CVS Health is available at www.cvshealth.com.

About OptumRx
OptumRx is a pharmacy care services company
helping clients and more than 65 million members achieve better health
outcomes and lower overall costs through innovative prescription drug
benefits management services, including network claims processing,
clinical programs, formulary management and specialty pharmacy care.
Leveraging expertise, flexible technology and a network of over 67,000
community pharmacies and state-of-the-art home delivery pharmacies,
OptumRx is putting patients at the center of the pharmacy experience and
making health care more connected and less fragmented – ensuring
patients get the right medication at the right time at the best cost.
OptumRx is part of Optum, a leading information and technology-enabled
health services business dedicated to making the health system work
better for everyone. For more information, visit www.optum.com/optumrx.

About Optum
Optum is a leading information and
technology-enabled health services business dedicated to helping make
the health system work better for everyone. With more than 100,000
people worldwide, Optum delivers intelligent, integrated solutions that
help to modernize the health system and improve overall population
health. Optum is part of UnitedHealth Group (NYSE:UNH). For more
information, visit www.optum.com.

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Media Contacts:
CVS Health
Carolyn Castel, 401-770-5717
Krejci, 952-205-6652

CVS Health
Nancy Christal, 401-770-3614