CVS Health appoints Marc-David Munk as CMO of MinuteClinic

FILE PHOTO: The CVS logo is seen at one of their stores in Manhattan, New York, U.S., August 1, 2016. REUTERS/Andrew Kelly

(Reuters) - CVS Health on Friday named Marc-David Munk as the new chief medical officer of MinuteClinic, the drugstore chain’s retail medical clinic unit and as associate chief medical officer of the company.

Late last year, CVS agreed to buy health insurer Aetna Inc for $69 billion, seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies.

Retail clinics refer to walk-in clinics in stores and supermarkets. MinuteClinic, launched in 2000, is the largest provider of retail clinics in the United States.

Munk was previously the chief medical officer of Boston-based Iora Health.

Reporting by Mrinalini Krothapalli; Editing by Arun Koyyur