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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 ...
2017: CVS announced they agreed to buy health insurer Aetna for about $207 per share, broken down into $145 in cash and the rest in stock, in December 2017. [ 27 ] [ 28 ] If approved, it would allow CVS to provide a broad range of health services to Aetna's 22 million medical members.
Pharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc.
CVS Health and Aetna's $69 billion merger would create an entirely new healthcare company, one that contains an insurer, pharmacy, and a company that negotiates prescription drug costs, among ...
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 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.
CVS's stock rose to $64 per share on the news of the breakup late Monday after trading down 12% in the past year. ... For Aetna, the company has seen higher utilization costs hamper Aetna's ...
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 ...