CVS is set to complete its $69 billion deal with Aetna almost a year after it was announced, creating a new kind of healthcare company

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The deal forms a new kind of healthcare company that includes the largest retail pharmacy in the US as well as one of the largest insurance companies.

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CVS creates new health-care giant as $69 billion merger with Aetna officially closesCVS and Aetna have closed their merger about a year after announcing the deal to combine a drugstore chain, a pharmacy benefit manager and a health insurer. Will be the worst thing to ever happen to the American healthcare system Maybe that’s why I was given a cheaper version of Lisinopril. I wonder how this will affect United Healthcare if at all
Source: CNBC - 🏆 12. / 72 Read more »

CVS Completes $70 Billion Acquisition of AetnaCVS Health has completed its nearly $70 billion acquisition of Aetna, in a deal that brings together one of the nation’s largest drugstore chains and pharmacy-benefit managers with the third-largest health insurer. Nothing sketchy here, folks. Just tap the card payer and nod your head. Ok. Let’s see what u got! Can anyway say monopoly and increased prices.
Source: WSJ - 🏆 98. / 63 Read more »