Word of the Day

Exchange-Traded Fund

In the wide and varied family of the thousands and thousands of funds out there, the exchange-traded fund is one of the more consumer-friendly ones.

Unlike mutual funds, exchange-traded funds, or ETFs, behave more like stocks. You can buy into an ETF at any time, and sell it whenever you feel like it. And like a stock, an ETF's value can rise and fall--depending on what the ETF is invested in.What do ETFs invest in? Well, they're typically linked to an index like the Dow Jones Industrial Average or the S&P 500. So, if you had an ETF that trades the same companies that make up the Dow or the S&P, it will rise and fall in value pretty much the same amount as the Dow or S&P.

You can also buy ETFs that invest in other types of products, like bonds, currencies, gold or other commodities. The ETF market has grown considerably in the past few years, so there is no shortage of ETFs to invest in.

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Monday, May 19, 2008

CVS Caremark Partners with Google on the Launch of Google Health

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WOONSOCKET, R.I., May 19, 2008 /PRNewswire-FirstCall via COMTEX/ ----CVS Caremark (NYSE: CVS) today announced a partnership with Google Health, a new product launched today by Google, which allows users to securely store, organize and manage their medical records and health care information online. This partnership will facilitate and enhance communications between consumers and health care providers by providing individuals with secure access to their medication history and personal health care information.

"In today's health care environment, information related to an individual's overall health is often fragmented, creating gaps in the availability of data and missed opportunities to coordinate care," said Helena Foulkes, Senior Vice President, Health Services at CVS Caremark. "At CVS Caremark, given our presence across the health care continuum as a retail pharmacy, pharmacy benefits manager and retail clinic provider, we can help bring together key health information of importance to our consumers and provide them with a holistic view of their health status."

By integrating on the Google Health platform, patients who receive treatment at MinuteClinic, the retail-based health clinic subsidiary of CVS Caremark, will be able to securely import their visit summaries into their Google Health Accounts. As of today, this function will be immediately available to MinuteClinic patients in Knoxville and Chattanooga, Tennessee and will roll out nationally to the more than 500 MinuteClinic locations in 25 states during the course of the next several weeks. In addition, within the next several months, consumers who fill their prescriptions at a CVS/pharmacy or have prescription coverage from CVS Caremark will also be able to securely import their prescription and medication histories into Google Health

"We believe that Personal Health Records, or PHRs, show great promise as a tool to enable patients to engage in their own health care and we are committed to working with industry leaders to further develop and advance the utility of PHRs," said Jon Roberts, Senior Vice President and Chief Information Officer at CVS Caremark. "Given our commitment to facilitating greater consumer engagement in health care and our mission to make innovative and high-quality health and pharmacy services safe, affordable and easy to access, we are excited to partner with Google at the launch of Google Health."

About CVS Caremark

CVS Caremark is the largest provider of prescriptions and related health care services in the nation. The Company fills or manages more than one billion prescriptions annually. Through its unmatched breadth of service offerings, CVS Caremark is transforming the delivery of health care services in the U.S. The Company is uniquely positioned to effectively manage costs and improve health care outcomes through its 6,300 CVS/pharmacy stores; its pharmacy benefit management, mail order and specialty pharmacy division, Caremark Pharmacy Services; its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com.

 Media Contacts: Eileen Howard Dunn Nancy Christal Senior Vice President Senior
   Vice President Corporate Communications Investor Relations (401) 770-4561 (914) 722-4704

SOURCE CVS Caremark

http://www.cvs.com

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