Cvs Health Corporation · NYSE:CVS
Cvs Health — Shareholder Meeting (May 2019)
18 slides from Cvs Health's shareholder meeting presentation, May 16, 2019
Slide 1: Annual Meeting of Stockholders
Annual Meeting of Stockholders Larry Merlo President & Chief Executive Officer May 16, 2019
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
Cautionary Statement Regarding Forward-Looking Statements The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by or on behalf of CVS Health Corporation. By their nature, all forward-looking statements involve risks and uncertainties. Actual
Slide 3: Agenda
Agenda Financial Update Driving Shareholder Value Through Integration and Transformational Efforts Corporate Social Responsibility and Recognition 3 ©2019 CVS Health and/or one of its affiliates. Confidential and proprietary.
Slide 4: Strong First Quarter Results Create Momentum
Strong First Quarter Results Create Momentum in millions, except per share data Actual Guidance Result Consolidated Revenues $61,646 $59,610 to $60,530 Exceeded Adjusted Operating Profit $3,595 $3,390 to $3,450 Exceeded GAAP EPS $1.09 $1.04 to $1.08 Exceeded Adjusted EPS $1.62 $1.49 to $1.53 Exceede
Slide 5: Raised Enterprise Outlook for Full-Year 2019
Raised Enterprise Outlook for Full-Year 2019 in millions, except per share data Full-Year 2019 Consolidated Revenues $251,230 to $254,380 Adjusted Operating Profit $14,970 to $15,180 GAAP EPS $4.90 to $5.05 Adjusted EPS $6.75 to $6.90 5 ©2019 CVS Health and/or one of its affiliates. Confidential and
Slide 6: Capital Allocation Strategy Guided by Commitment to Maintain a Healthy Balance Sheet
Capital Allocation Strategy Guided by Commitment to Maintain a Healthy Balance Sheet Funding the Paying Down M&A and Share Dividend Existing Debt Repurchases $4.2 billion to $4.6 billion of No major transactions Maintaining dividend per cash available for debt contemplated and share share of $2.00 r
Slide 7: Agenda
Agenda Financial Update Driving Shareholder Value Through Integration and Transformational Efforts Corporate Social Responsibility and Recognition 7 ©2019 CVS Health and/or one of its affiliates. Confidential and proprietary.
Slide 8: Trends Driving Change in the Health Care Landscape
Trends Driving Change in the Health Care Landscape Consumerism People want to Health care is Advances in To change Evolving is here to stay age in the moving from technology are consumer payment comfort of sick care to driving health behavior, models will their current self care care health care re-
Slide 9: Creating a New Front Door to Health Care
Creating a New Front Door to Health Care Improving the consumer experience Consumer New Front Door to Health Care 9 ©2019 CVS Health and/or one of its affiliates. Confidential and proprietary.
Slide 10: Three Imperatives Guide Our Approach to Transformation
Three Imperatives Guide Our Approach to Transformation Be Make It Improve Local Simple Health Engage Make a Deliver better consumers complicated health at a with the care system easier lower cost they need for all where they are 10 ©2019 CVS Health and/or one of its affiliates. Confidential and prop
Slide 11: Clear Line of Sight to Deliver More Than $750 Million in Synergies
Clear Line of Sight to Deliver More Than $750 Million in Synergies $750 Million + Business Integration • Plan design • Specialty / Coram / PBM Operations / Other General and Administrative • Vendor contracting • Streamline corporate functions Medical Cost Savings • Improve adherence and close gaps i
Slide 12: Transformational Initiatives Aimed at Driving Medical Cost Savings
Transformational Initiatives Aimed at Driving Medical Cost Savings Common Readmission Site of Care Optimize Complex Chronic Prevention Management Primary Chronic Disease Disease Care Management Management 12 ©2019 CVS Health and/or one of its affiliates. Confidential and proprietary.
Slide 13: Simplifying the Patient Journey Through HealthHUB Stores
Simplifying the Patient Journey Through HealthHUB Stores Front Store Health Care MinuteClinic Pharmacy Services Support Thousands of new Expanded services New clinical services Data and analytics health and wellness include nutrition including enhanced power personalized products counseling and home
Slide 14: Multiple Levers of Value Creation to Accelerate Enterprise Growth
Multiple Levers of Value Creation to Accelerate Enterprise Growth Value Creation Levers Open Platform Allows for Increased Broad Customer Partnerships Expanded Satisfaction Membership Customer and Retention Growth Value Through Medical Cost CVS Assets Savings Value creation to deliver top- and botto
Slide 15: Agenda
Agenda Financial Update Driving Shareholder Value Through Integration and Transformational Efforts Corporate Social Responsibility and Recognition 15 ©2019 CVS Health and/or one of its affiliates. Confidential and proprietary.
Slide 16: Corporate Social Responsibility
Corporate Social Responsibility • Published 12th Annual CSR Report • Key areas of focus: - Building Healthier Communities - Leading & Inspiring Growth - Protecting Our Planet • Awards and recognitions in 2018: - Dow Jones Sustainability Index for 6th consecutive year - Ranked #39 on Newsweek’s Green
Slide 17: Recognition for CVS Health
Recognition for CVS Health Most Most #35 Admired Companies #3 Innovative Companies 100 Best Top 50 #26 Corporate Citizens #27 Companies for Diversity 17 ©2019 CVS Health and/or one of its affiliates. Confidential and proprietary.
Slide 18: Driving Shareholder Value
Key Takeaways Broadening Health Evolving enterprise to play larger role in Care Reach transforming the health care system Driving Executing on Near- Delivering on synergy targets and Term Value Creation building foundation to long-term growth Shareholder Value Accelerating Creating platform to drive