Healthcare Finance News November 12, 2019
“What’s needed is to start with the patient, and the patient as a consumer, and add in the relevance of issues outside of a medical conditions…”
The $69 billion purchase of Aetna helped CVS Health boost third quarter net income by 10% compared to the prior year.
The difference was primarily due to higher operating income from the impact of the Aetna acquisition close to a year earlier, CEO and President Larry Merlo said.
It was an acquisition put in motion by former Aetna CEO Mark Bertolini, who stepped down after the consolidation.
Aetna had been looking for a pharmacy partner, and if the $37 billion purchase of Humana had gone through, it would have been Aetna that bought CVS...
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