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Aetna

Merlo discusses concept store, Aetna at conference

Merlo discusses concept store, Aetna at conference

SAN FRANCISCO — During a presentation of the 37th Annual J.P. Morgan Healthcare Conference here, CVS chief executive officer Larry Merlo talked about the integration efforts that have already taken place to integrate Aetna into its business. Larry Merlo “While it’s only been six weeks, we are absolutely off and running,” Merlo said. He also announced that

Judge softens stance on CVS-Aetna deal

Judge softens stance on CVS-Aetna deal

WASHINGTON— A federal judge on Tuesday “softened” his previous suggestion that he would likely order CVS Health to halt its integration of Aetna, according to various published reports. U.S. District Judge Richard Leon in recent weeks had voiced some concerns about the companies’ settlement with Justice Department antitrust enforcers that allowed the nearly $70 billion deal

CVS Health completes Aetna deal

WOONSOCKET, R.I. — Last month, CVS Health completed its acquisition of Aetna, positioning the retail chain as the nation’s premier health innovation ­company. “Today marks the start of a new day in health care and a transformative moment for our company and our industry,” declared CVS Health president and chief executive officer Larry Merlo when

CVS Health completes acquisition of Aetna

CVS Health completes acquisition of Aetna

Woonsocket, R.I. – CVS Health on Wednesday announced that it completed its acquisition of Aetna establishing CVS Health as the nation’s premier health innovation company. “Today marks the start of a new day in health care and a transformative moment for our company and our industry,” said CVS Health president and chief executive officer Larry Merlo.

CVS earnings beat Wall Street projections

CVS earnings beat Wall Street projections

WOONSOCKET, R.I. ­— Strong gains in the pharmacy retail business helped CVS Health beat analysts’ third quarter earnings and revenue expectations. The company also announced on Tuesday that it anticipates the $69 billion Aetna deal to close before Thanksgiving. Net revenues for the three months ended September 30 increased 2.4%, or $1.1 billion, to about

CVS-Aetna deal gets green light

WASHINGTON — The Department of Justice (DOJ) this month gave preliminary approval for CVS Health’s acquisition of Aetna Corp., which both companies say will remake health care. The remaining hurdle to the $69 billion merger was cleared last month when Aetna agreed to sell its Medicare Part D drug plan business to WellCare Health Plans.

CVS assembles team

WOONSOCKET, R.I.­ — Ahead of its planned acquisition of Aetna, CVS Health announced the management team selected to lead the combined company. Once the deal closes, Aetna will operate as a stand-alone business unit within CVS Health and be led by members of its current management team. The transaction, which is subject to regulatory approval,

CVS, Aetna to merge

WOONSOCKET, R.I. — CVS Health’s agreement to buy Aetna for roughly $69 billion can transform the health care system as well as both companies, say analysts. The deal creates the first health care company integrating pharmacies, a pharmacy benefits manager and insurance business. It connects Aetna’s extensive network of providers with CVS’ multiple health access

CVS, Aetna take on health care challenge

CVS, Aetna take on health care challenge

Democrats in Congress and critics from other quarters wasted little time in raising concerns about CVS Health’s landmark acquisition of Aetna. If finalized, the $77 billion transaction, which includes the assumption of debt, would bring the pharmacy innovation company — with 9,700 drug stores, 1,100 walk-in medical clinics and a pharmacy benefits management division serving