BOSTON—CVS Health has announced plans for the creation of a Digital Innovation Lab at 116 Huntington Ave. here.
The company, formerly known as CVS Caremark, signed a 15,130-square-foot lease for the center at the building that it says will serve as a hub for its growing CVS Health Digital team, which will remain headquartered in Woonsocket, RI.
The new CVS Health Digital Innovation Lab can house approximately 100 employees, with 90% of them anticipated as new hires, the company states. Plans for the new office include the creation of an open concept workspace that encourages idea-sharing and innovation to produce the next level of digital technology that will help enhance the customer experience through convenient, easy-to-use digital tools.
“As a company that touches consumers not just through our retail stores, but through all the critical pharmacy and healthcare services we offer, CVS Health has a unique opportunity to impact our customers' lives in meaningful ways that no one else can,” says Brian Tilzer, senior vice president, chief digital officer for CVS Health. “As we expand our Digital team and invest in this part of our business, we are truly passionate about using technology to create tools that do not exist anywhere else, so we can empower our customers with a highly personalized pharmacy and retail experience across all channels.”
Tilzer adds, “Our new Boston office is a perfect complement to the growth happening on our team in Woonsocket and will help keep us at the forefront of digital innovation. The explosion of the city's tech sector, as well as an increased opportunity to attract top talent in both healthcare and technology in the Greater Boston area, makes this the right move for us.”
CVS Health operates 7,800 retail pharmacies, more than 900 walk-in medical clinics, and a leading pharmacy benefits manager with nearly 65 million plan members. The company announced on Sept. 3 that it was changing its corporate name from CVS Caremark Corp. to CVS Health.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
