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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 ...
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]
2015: CVS Health acquired Omnicare, provider of pharmacy services to long-term care facilities. [24] 2015: CVS Health acquires Target Corporation's 1,600+ pharmacies and retail medical clinics inside Target stores. CVS has begun operating them through a store-within-a-store format. [25]
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 ...
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.
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 ...
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.