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CVS Health Won't Break Off Aetna From Its Medical Providers
Why CVS Health Won’t Break Off Aetna From Its Medical Providers
Talk that CVS Health may break up its businesses would mean unraveling synergies already making the company a lot of money.
How CVS Health, Aetna got here
CVS Health and their subsidiary Aetna have faced severe headwinds to achieving profitability. Here are the key events that led them to recent job cuts and reportedly considering a break up.
CVS is weighing a breakup. What does it mean for the big healthcare business?
With CVS ( CVS) reportedly weighing a breakup of its vertical businesses, the healthcare industry could be marching toward the end of an era in integrated businesses.
Aetna parent CVS Health plans 2,900 layoffs
CVS Health, parent company of Hartford health insurer Aetna, told employees Monday it will cut 1% of its workforce, or about 2,900 employees. The job cuts will mostly impact corporate jobs, according to the Wall Street Journal,
CVS Health raised to buy at TD Cowen on Medicare updates
TD Cowen upgraded CVS Health (NYSE:CVS) to Buy from Hold and raised its price target to $85 from $59 on Friday, citing an attractive risk-reward setup following several updates related to its Medicare Advantage business.
CVS Health Stock Bounces on Company Updates
CVS Health (CVS) is higher today, as the healthcare giant considers a significant sift in its long-held business strategy
47m
CVS Health to lay off 416 employees tied to Aetna’s Hartford headquarters
A total of 416 employees based at the Hartford headquarters of subsidiary Aetna will lose their jobs in the latest round of ...
23h
on MSN
CVS is under pressure and considering a breakup. Here's why that could be risky.
CVS risks losing customers and revenue if it splits up its vertically integrated business segments, which includes health ...
Modern Healthcare
5d
CVS execs have been weighing options for months amid rising costs
CVS has been reviewing its strategic options for months as rising medical costs in its Aetna insurance arm weigh on the ...
6d
on MSN
CVS, Considering a Breakup, Will Find It’s Hard to Do
Splitting up the healthcare company into stand-alone pharmacy or health insurance businesses could leave them struggling.
2d
Billionaire Investor Pushes for Changes at CVS. Is Now the Time to Buy the Stock?
From a valuation perspective, the stock is inexpensive, trading at a forward price-to-earnings (P/E) of about 8.4 times based ...
The Day
5d
Aetna layoffs possible in Conn. as owner CVS says it will cut thousands of jobs
CVS Health Corp. said Monday it will slash another 2,900 jobs nationwide, most of them corporate jobs, with some of the ...
fingerlakes1
2d
What’s next for pharmacy giant CVS? Breakup possible, but challenges remain for business
The company has already initiated a $2 billion cost-cutting plan and laid off 3,000 employees, but it faces ongoing ...
Crain's Chicago Business
11h
Aetna programs help Chicago employers control workplace pharmacy benefit costs
Today’s pharmacy innovations provide employees with expanded choices to meet their health care needs. As a result, they ...
fox61
4d
CVS to lay off 2,900 'primarily corporate' roles
CVS spokesperson Mike DeAngelis said the company is planning on the "primarily corporate" job cuts as part of a plan to ...
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