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With Aetna, CVS picks up a few more pieces of the healthcare system, such as medical benefits and population health tools. The addition gives CVS a lot more data to analyze as well. Screen Shot ...
CVS CEO Larry Merlo outlined his vision for the combined company earlier this month — a new data-driven health-care model that's more personal, convenient and tailored to individual patients ...
In December 2017 CVS Health announced a deal to acquire Aetna. [40] On October 10, 2018, CVS Health received approval from the United States Department of Justice to acquire Aetna, for $69 billion. [41] CVS on Pratt Street in Baltimore, Maryland. This store opened in 2014. CVS announced it would close 46 "underperforming stores" in 2019, and a ...
Dec 3 (Reuters) - U.S. drugstore chain operator CVS Health Corp said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc for $69 billion, seeking to tackle soaring health care ...
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.
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.
The Express Scripts acquisition would be the last major deal involving the country's largest PBMs. In 2017, CVS Health announced a merger with Aetna, completing in November 2018. [38] The takeover of PBMs have drawn regulator resistance because of fears they foster an anti-competitive environment.
CVS's stock rose to $64 per share on the news of the breakup late Monday after trading down 12% in the past year. It was trading at $61 per share on Tuesday. The possible move by CVS is one ...