Becker's Healthcare November 6, 2024
Jakob Emerson

CVS Health has named Prem Shah as group president and Steve Nelson as the president of Aetna, effective Nov. 6. Both will report to CVS President and CEO David Joyner.

The company also reported a major drop in third-quarter earnings, driven by headwinds at Aetna and premium deficiency reserves recorded in the third quarter related to anticipated losses in the fourth quarter.

Mr. Shah joined CVS in 2013 and has held leadership positions across the company’s pharmacy businesses, most recently serving as executive vice president, chief pharmacy officer, and president of pharmacy and consumer wellness.

Mr. Nelson served as CEO of UnitedHealthcare from 2017 to 2019 and was hired to lead JenCare in 2022, a joint venture formed in 2011...

Today's Sponsors

Venturous
Got healthcare questions? Just ask Transcarent

Today's Sponsor

Venturous

 
Topics: Insurance, Payer
AI-Driven Prior Authorization Denials Raise Concerns Among Physicians, AMA Survey Reveals
STAT+: UnitedHealth buyouts, and drug pricing spreads
Massive study on medical conditions and spending aims to fill in knowledge gaps about U.S. health care
Humana looks to deepen meaning of 'value-based care'
Fighting back against claim denials: How AI can empower physicians and patients

Share This Article