WOONSOCKET , R.I. (Oct. 3) CVS Caremark announced on Wednesday that its pharmacy benefit management division, Caremark Pharmacy Services, has received accreditation from URAC, a Washington DC-based health care accrediting organization that establishes quality standards for the health care industry.

Caremark Pharmacy Services has received accreditation for two categories: Pharmacy Benefit Management and Drug Therapy Management. They are the first voluntary accreditations developed for the industry.

The process for both accreditations includes an application and evaluation process, an on-site evaluation and assessment by a URAC accreditation team, and review and consideration for accreditation by URAC’s Accreditation Committee.

“Our new URAC accreditations demonstrate Caremark’s continued commitment to not only meeting our industry’s standards, but also to exceeding them,” stated Howard McLure, president of Caremark Pharmacy Services. “We are pleased that our dedication to patient care, customer service and overall quality has been recognized by URAC, and we look forward to identifying new ways to further our standards of excellence as we move ahead.”