Forbes October 3, 2024
Talk that CVS Health may break up its businesses would mean unraveling synergies already making the company a lot of money and the potential to make even more.
Some media reports earlier this week floated the possibility that CVS management was entertaining the idea to break up the company. CVS includes the large chain of CVS drugstores; fast-growing clinic operator Oak Street Health; Caremark, one of the nation’s largest pharmacy benefit management companies; and Aetna, the nation’s third largest health insurance company with more than 26 million health plan members.
CVS sells an increasing number of Aetna brand health plans that offer discounts when its medical care providers are used in those health insurance products.
Take Oak Street Health, which...
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