The healthcare company posted stronger-than-expected third quarter earnings.
“People are finally starting to understand that this isn’t a transition year [for CVS], it’s a transition decade,” one analyst says.
Panelists at the CFRI conference set aside core accounting issues in favor of people-centric topics.
The company said it expects to complete its acquisition of Aetna by Thanksgiving.
It may take awhile, but the recent mergers of health insurers and pharmacy benefits managers could meaningfully mitigate the costs of care.
Aetna, CVS Health, Bed Bath & Beyond, BankMobile, Bruker, Sealed Air, CPI Card Group, Lumentum, FactSet Research, Cal-Maine Foods, F5 Networks
The $54 billion deal is the latest move by an insurer to cut health care costs by bringing pharmacy benefits and medical claims under one roof.
Amazon is a revolutionary force, but it's a positive one for businesses and customers alike: veteran marketing exec.
The deal continues the health insurance giant's shift to patient care services as it tries to cut medical costs.
The $69 billion deal is "a case of a sector self-disrupting before an actual disruptor shows up," Forbes says, referring to Amazon.
The chief executives of two health-care giants want the industry to move further toward payments based on quality of care.
Pharmacy services continues to be a bright spot for CVS amid increasing pressure on its traditional retail drugstore sales.
