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CVS Health Corporation is an American for-profit healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands.
Aetna Inc. (/ ˈ ɛ t n ə / ET-nə) is an American managed health care company that sells traditional and consumer directed health care insurance and related services, such as medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans, primarily through employer-paid (fully or partly) insurance and benefit programs, and through Medicare.
Vertical integration refers to the consolidation of multiple stages of production or services within a single company, enabling greater control over the supply chain. CVS’s acquisition of Aetna and ownership of PBM CVS Caremark have drawn significant criticism, with opponents arguing that this model monopolizes key aspects of the healthcare ...
A few months later, CVS officially acquired health insurance company Aetna. "CVS Pharmacy is evolving from not just a store that happens to have a pharmacy and products into more of a health care ...
CVS Health's $69 billion merger with the health insurer Aetna could put a lot more of the healthcare system all under one roof.. The combined companies, which altogether include a health insurance ...
Such a move would effectively unwind CVS's landmark $70 billion takeover of healthcare insurer Aetna in 2017 and come as CVS attempts to navigate one of the most challenging periods in its six ...
CVS Caremark was founded as MedPartners, Inc. in 1993 in Birmingham, Alabama by several local businessmen as a physician practice management (PPM) company. [1] HealthSouth, New Enterprise Associates, and Richard M. Scrushy stepped in to provide the company with early financial backing.
Pharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc.