News
In 2014, Caremark was accused of manipulating how drug costs were reported, prompting Aetna and SilverScript to submit false ...
Chief Judge Mitchell Goldberg tripled to $285 million the damages he had ordered CVS Caremark to pay in June, citing the ...
A federal judge has ordered CVS Caremark to pay nearly $290 million in damages after determining the pharmacy benefit manager overbilled Medicare for prescription drugs, according to court documents ...
StockStory.org on MSN11d
CVS Q2 Deep Dive: Pharmacy Strength and Aetna Recovery Drive Guidance Boost
Diversified healthcare company CVS Health (NYSE:CVS) in Q2 CY2025, with sales up 8.4% year on year to $98.92 billion. Its non ...
CVS announced its plan to buy Aetna in 2017. CVS’s board is reportedly considering splitting its legion of retail pharmacies and its Aetna insurance operation into separate companies entirely.
The CVS/Aetna deal reeks of conflicts of interests on multiple levels and is not evidently appealing to shareholders in the short term, as it will take time to digest.
Aetna layoffs possible in Conn. as owner CVS says it will cut thousands of jobs Kenneth R. Gosselin, Hartford Courant Published: Oct 02, 2024 4:02 AM Updated: Jan 02, 2024 1:00 AM ...
CVS did not break out separate enrollment figures for fully insured group health plans when it posted its earnings. Enrollment in self-funded employer plans that Aetna administers increased to 14. ...
Both stressed that CVS-Aetna will also be better able to serve the aging population in the U.S., which is increasingly relying on the government's Medicare and Medicaid programs for health care.
The CVS-Aetna move would do just this, and would give the combined organization a competitive market advantage over healthcare providers as soon as integration is complete.
The current combined balance sheets of Aetna and CVS have over $10 billion in cash and short term investment (source Q3-2017 reports) yet CVS is counting only $4.1 billion of this in the acquisition.
Results that may be inaccessible to you are currently showing.
Hide inaccessible results