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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.
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. [29]
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]
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 ...
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 ...
Aetna was also early in crafting disease-management programs and related services to help people comply with treatment plans. Aetna is just one of the challenges now facing the new CVS chief David ...
Following its merger with AdvancePCS, the company continued to operate a 500 employee mail-order pharmacy operation in Birmingham until 2010. [19] In March 2007, Caremark merged with CVS Corporation to create CVS Caremark. [1] [20] [21] The Nashville office was closed following the merger.