CVS Health Corp. is engaged in providing healthcare services through its various divisions, including pharmacy services, retail or long-term care, medical benefits, and corporate/other. The Pharmacy Services division offers pharmacy benefit management solutions. The Retail or Long-Term Care division includes sales of prescription drugs and a variety of health and wellness products, as well as the sale of general merchandise. The Medical Benefits division offers traditional, voluntary, and consumer-directed health insurance products and related services, including medical, pharmacy, dental and behavioral health plans, medical management capabilities, federal Medicare Advantage and Medicare Supplement plans, federal Medicare Part D prescription drug plans, Medicaid managed care services, and health information technology products and services. The Corporate/Other division involves the provision of management and administrative services. The company was founded in 1963 by Stanley P. Goldstein and Ralph Hoagland, and is headquartered in Woonsocket, Michigan.