Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Is CVS Health Making Money?

Grocery Wars

CVS Health is one of America’s biggest grocers

However, CVS is still a minor player when you compare it to America’s largest “grocer” Walmart (NYSE: WMT), and largest standalone grocer Kroger (NYSE: KR). For the record, Kroger had 10.2% of the grocery market and Walmart 21.4%.

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Market Insanity

Is CVS Health Making Money?

The idea is to create a private enterprise that functions something like Britain’s National Health Service (NHS). That is one stop shopping for all your health insurance and healthcare needs. The NHS operates hospitals and provides health insurance in the United Kingdom.

CVS is more like the NHS than many people think; it already operates more than 1,100 MinuteClinic walk-in healthcare facilities, for example. There are MinuteClinics in 33 states and the District of Columbia that have received more than 37 million visits.

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