Healthcare DIVE October 23, 2019
CVS Health is omnipresent, both in U.S. strip malls and in the healthcare industry. The Woonsocket, Rhode Island-based company includes a retail pharmacy chain, pharmacy benefits manager and now a health insurer under one umbrella.
An unprecedented legal battle to settle its $70 billion buy of that payer, Aetna, in one of the largest vertical integrations of the past decade took up much of the year. Another ongoing skirmish is with Amazon over drug delivery market share, a clash revealing itself in personnel acquisitions and subsidiary data agreements alike.
The company, which raked in $63 billion in revenue and income of $3.3 billion last quarter alone, also piloted a wellness-themed retail store and promised expansion to three new markets by...
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