Healthcare DIVE September 4, 2019
Dive Brief:
- District Court Judge Richard Leon has approved the settlement agreement CVS and Aetna reached with the U.S. Department of Justice to allay antitrust concerns.
- Leon, however, had been highly critical of the settlement that called for Aetna to divest its Medicare Part D business to WellCare, noting the agreement addressed just a sliver of the nearly $70 billion deal.
- The American Medical Association spoke out against Wednesday’s ruling.
Dive Insight:
The review by Leon was unprecedented, spanning nearly a year as he decided whether the agreement was in the public interest.
Under federal law, judges have the power to review DOJ settlement agreements and the risk was whether Leon would send the...
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