SAN FRANCISCO — During a presentation at the 37th Annual J.P. Morgan Healthcare Conference here, CVS Health chief executive officer Larry Merlo talked about the efforts that have already taken place to integrate Aetna into its business. “While it’s only been six weeks, we are absolutely off and running,” Merlo said. He also announced that
NEW YORK — As the $70 billion merger between CVS Health and Aetna Inc. draws near, the combined company will create a industry-changing model for health care that is more personal than ever before, according to Larry Merlo, CVS Health’s president and chief executive officer. First announced in December, the mega-deal, which is pending antitrust
All indications are that CVS Health’s $77 billion acquisition of Aetna is on track to be finalized by the end of the year. The transaction has won the approval of shareholders at both companies, and the management team for the combined organization has been named, even as the government’s review of the deal has proceeded
WOONSOCKET, R.I. — CVS Health’s revenue was on the rise as it filled more prescriptions and benefited from a lower effective tax rate, the company said today in reporting its operating results for the three months ended March 31. The drug store chain said its first quarter revenue increased 2.6% to $45.7 billion from $44.5
CVS Health’s announcement that it would acquire Aetna for $69 billion is only one of recent health care services deals — which totaled $72 billion in 2016 and $76 billion after the third quarter of 2017, prior to CVS announcing the final deal. Across the industry, companies are increasingly leveraging these strategic partnerships to improve