U.S. retail pharmacy company CVS Health plans to invest $100 million to make community health and wellness central to its charge for a better world, following the purchase of health insurance company Aetna.
CVS Health’s new Building Healthier Communities initiative, builds upon the custom of community commitment by both companies and assembles the companies’ scale, merged capabilities and resources to deliver an impact on the health of communities across U.S.
The project will be financed over five years through the merged company as well as the CVS Health Foundation and Aetna Foundation.
Via Building Healthier Communities, CVS will infuse $20 million annually across three financing categories to support a range of initiatives and organizations.