CVS Health (previously named CVS Corporation and CVS Caremark Corporation) (stylized as CVSHealth) is an American retail and health care company headquartered in Woonsocket, Rhode Island. It was originally named CVS Corporation, and was formed after the spinning-off of CVS Pharmacy from its original holding company Melville Corporation in 1996. It later acquired the pharmacy benefit management company Caremark Rx and was consequently renamed CVS Caremark Corporation in 2007. The company was renamed CVS Health in 2014, and since which time has operated the subsidiaries CVS Pharmacy, CVS Caremark, CVS Speciality, and the retail clinic MinuteClinic. In 2014, it ranked 10th on the Fortune 500 and 35th on the Fortune Global 500 list.