CVS to test stores with added health services early next year after Aetna deal closes

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“Exciting to see large scale leverage applied to these US healthcare challenges, and, let’s see if small business providers can outcompete these larger enterprises …” ~says Healthcare Attorney, November 2018

  • CVS expects its roughly $69 billion acquisition of health insurer Aetna to close before Thanksgiving.
  • CVS plans to open its first concept stores early next year, CEO Larry Merlo said Tuesday.
  • Merlo outlined areas CVS will focus on to reduce medical costs once the deal closes.
Angelica LaVito |

Consumers will soon start to see CVS Health‘s vision for the future of health care. CVS expects its roughly $69 billion acquisitionof health insurer Aetna to close before Thanksgiving, the company said Tuesday when announcing third-quarter financial results. The combined company has pledged to improve health services and outcomes and lower costs. CVS plans to open its first concept stores early next year, CEO Larry Merlo told Wall Street analysts Tuesday. Merlo outlined areas CVS will focus on to reduce medical costs for the combined company once the deal closes.

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SOURCE: https://www.cnbc.com/2018/11/06/cvs-to-test-stores-with-more-health-services-after-aetna-deal-closes.html

 

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