MinuteClinic, a division of the leading pharmacy healthcare
provider in the United States,
CVS Caremark Corporation
) opened its first walk-in medical clinic in Hawaii on Sep 26.
The clinic is located at the Longs Drug store on South King St in
Honolulu, near the University of Hawaii, Man.
The inauguration of the new store in Hawaii, is a part of the
company's expansion drive intended to extend specialized
healthcare services throughout the nation. MinuteClinic plans to
open 150 clinics across the nation in 2013.
The new store is the first of seven MinuteClinic locations set to
open inside select Longs Drug stores on Oahu within the next two
weeks. The remaining clinics will cater to the patient population
in Aiea, Hawaii Kai, Kailua, Kaneohe, Kapolei, and Waialae.
CVS Caremark is the exclusive provider of pharmacy benefit
management (PBM) services for Hawaii Medical Service Association
(HMSA), Hawaii's Blue Cross Blue Shield Association licensee.
Following the collaboration between CVS Caremark and HMSA in Jan
2013, HMSA has been constantly encouraging MinuteClinic to start
their services in Hawaii.
The clinic will be functional on all seven days of the week,
including weekday evenings. Prior appointments will not be
necessary. Certain services have also been introduced keeping in
mind the convenience of patients. As footfalls are generally high
in evenings and during weekends or holidays, patients often visit
MinuteClinic without an appointment with their primary care
provider. They are then provided with a list of physicians in the
area, who are ready to accept new patients.
The new clinic is designed to deliver a host of medical services
like other MinuteClinic locations in the U.S. It employs
well-trained nurse practitioners proficient to diagnose, treat,
and even write prescriptions for common family illnesses such as
strep throat and ear, eye, sinus, bladder, and bronchial
infections. Additionally they are also specialized in treating
minor wounds, abrasions and joint sprains and administering
common vaccinations such as influenza, tetanus, pneumonia and
Hepatitis A & B.
Moreover, walk-in camp, sports, college and Department of
Transportation (DOT) physicals will be available on a regular
basis. Like other MinuteClinic stores, this one too plans to
offer multiple wellness services such as screenings and
monitoring for diabetes, high blood pressure, and high
cholesterol. The noble intention behind such activities is to
help people identify current lifestyle changes and readily adopt
health improvement ideas and techniques.
The USP of MinuteClinic that differentiates it from others, is
the use of a software program by their expert practitioners, that
generates an educational material, an invoice and a prescription
(when clinically appropriate) at the end of the patient's visit.
It also delivers a vital diagnostic record that can be sent via
electronic health record, fax or mail to a primary care provider
with the patient's permission, as and when needed.
Cash and credit payment facility will be available at the clinic.
Likewise, majority of the health insurance benefits will be
accepted including the Hawaii Medical Service Association (HMSA)
plans. Furthermore, treatment prices are posted at each clinic
location and are also made available online for customer
convenience. The costs for most treatments start at $79.
The primary mission of MinuteClinic healthcare providers is to
meet the growing healthcare needs of people, with an added focus
on convenience and affordability. MinuteClinic seeks to provide
its patients with a medical home which can contribute to their
holistic development. Ever since its launch as the first retail
medical clinic in the United States in 2000, MinuteClinic has
been expanding its retail network to deliver quality medical
healthcare services to people, with greater ease and comfort.
Currently, CVS carries a Zacks Rank #3 (Hold). Other medical
stocks that are worth a look include
Rite Aid Corporation
),carrying a Zack Rank #1 (Strong Buy), and
GNC Holdings Inc.
), each carrying a Zacks Rank # 2 (Buy).
CVS CAREMARK CP (CVS): Free Stock Analysis
GNC HOLDINGS (GNC): Free Stock Analysis
HERBALIFE LTD (HLF): Free Stock Analysis
RITE AID CORP (RAD): Free Stock Analysis
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