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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 ...
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 ...
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.
A key focus of the breakup effort appears to be the underperformance of health insurer Aetna, which CVS acquired in November 2018 for $70 billion, as well as increased government scrutiny on ...
After CVS announced the acquisition of Aetna in December 2017, CVS announced that the company's headquarters would remain in Hartford, scrapping plans to move to New York City. [67] 2017: On December 3, 2017, CVS Health announced the acquisition of Aetna for $69 billion. [68] [69] [70] Larry Merlo became chief executive of the two brands. [71]
Coventry Health Care, Inc. was a health insurer in the United States. It had 3.7 million medical members, 1.5 million Medicare Part D members, and 900,000 Medicaid members. [ 2 ] In May 2013, the company was acquired by Aetna for $5.7 billion.
He first worked at Aetna before joining CVS Caremark, eventually becoming president of the company. [1] He briefly left CVS and returned to run Caremark. [5] He is on the advisory council of the Rawls College of Business. [1] In October 2024, Joyner became the president and chief executive officer of CVS Health, along with joining the board of ...
CVS Health Corp, which owns Hartford-based health insurer Aetna, plans to eliminate 5,000 corporate job nationwide this year, as the pharmacy giant seeks to trim expenses and shift investments ...