February 20, 2019 by Chain Drug Review
CVS Health, CVS Health-Aetna, Larry Merlo
Business, Featured Articles, Leading Headlines, Retail News
WOONSOCKET, R.I. — CVS Health posted stronger-than-expected fourth quarter earnings Wednesday but issued 2019 profit guidance that fell short of Wall Street forecasts linked to “significant additional deterioration” in its long-term care business. CVS Health’s adjusted earnings for the three months ended in December came in at $2.14 per share, up 11.5% from the same
January 14, 2019 by Chain Drug Review
Aetna Foundation, Building Healthier Communities initiative, CVS Health, CVS Health Foundation, CVS Health-Aetna, Larry Merlo
Leading Headlines, Pharmacy, Retail News
WOONSOCKET, R.I. — Following its completed acquisition of Aetna, CVS Health has announced a $100 million commitment to making community health and wellness central to the newly combined company’s charge for a better world. The new Building Healthier Communities initiative, which will be funded over five years through the combined company as well as the CVS Health Foundation and Aetna Foundation,
September 27, 2018 by Chain Drug Review
Aetna, CVS Health-Aetna, Inc. (WellCare), WellCare Health Plans
Business, Leading Headlines, Pharmacy, Retail News
OVERLAND PARK, Kan. — Ahead of its deal with CVS, Aetna announced an agreement to divest all of Aetna’s standalone Medicare Part D business to a subsidiary of WellCare Health Plans, Inc. (WellCare). The company said the divestiture is subject to the completion of CVS Health’s proposed acquisition of Aetna, regulatory approvals and other customary
June 6, 2018 by Chain Drug Review
Aetna, CVS Health, CVS Health-Aetna, David Denton, Dr. Alan M. Lotvin, Dr. Harold Paz, Dr. Troyen Brennan, Jon Roberts, Jr., Karen Lynch, Larry Merlo, Lisa Bisaccia, Mark Bertolini, Meg McCarthy, Richard di Benedetto, Rick Jelinek, Shawn Guertin, Steven Kelmar, Thomas Moriarty, Thomas Sabatino
Business, Pharmacy, Retail News
WOONSOCKET, R.I. — CVS Health has announced the management team that, following the close of the Aetna acquisition, will lead the combined company into the future. Aetna will operate as a stand-alone business unit within the CVS Health enterprise following the close and will be led by members of its current management team. In addition,