Forbes November 11, 2024
Cold water has been tossed on the idea that CVS Health would break up the company and sell off health or pharmacy benefits from assets that provide medical care if you listen closely to the company’s new chief executive.
In his first earnings call following a quarterly earnings report, CEO David Joyner gave no indication any company breakup was in the cards as some media outlets led by a two-byline “exclusive” story a few weeks ago in the Wall Street Journal speculated. In fact, Joyner committed to forging ahead to improve the diversified portfolio of businesses CVS has that include drugstores and an array of outpatient services and primary care clinics; the Caremark pharmacy benefit management company and Aetna, which...
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