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CVS Health is separating its pharmacy operations from its insurance and benefits divisions, ending the era of massive healthcare conglomerates.
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CVS Health to split pharmacy chain from health insurance
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CVS Pharmacy will be separate from CVS Health, housing major insurer Aetna and benefits manager CaremarkCVS Health, the largest US healthcare conglomerate valued at $117bn, has announced its plans split off its pharmacy chain from its health insurance and benefits businesses, ending an era in which healthcare companies grew into massive conglomerates.In their announcement on Wednesday, CVS Health said they will split off its 9,000 pharmacies, in-store clinics and mail order prescription business into a business named CVS Pharmacy. Continue reading...
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