CVS Caremark is located on Douglas Pike in Smithfield, down street from New Life Worship and Ocean State Baptist Church. CVS Caremark is not a pharmacy but a pharmacy benefit management company founded upon integrity and trust. It delivers quality clinical programs that both improve health and save money for those who are employed by CVS. CVS Caremark offers comprehensive, fully integrated PBM services to all clients. Its plan management, trend and cost management, quality care and health improvement are all designed to maximize cost-savings while providing a high benefit prescription drug program. These are just some of the ways CVS Caremark works for you, the employee.