Expect more mergers between health plans and pharmacy entities

January 17th, 2018

https://www.employeebenefitadviser.com/opinion/expect-more-mergers-between-health-plans-and-pharmacy-entities

CVS’s announcement to acquire Aetna for $69 billion is only one of many recent healthcare service deals that totaled $75.9 billion in value at the end of Q3 2017, compared to $71.3 billion for all of 2016, according to PricewaterhouseCoopers.

CVS Health to acquire Aetna for $69 billion in year’s largest acquisition

January 15th, 2018

CVS Health to acquire Aetna for $69 billion in year's largest acquisition
https://www.reuters.com/article/us-aetna-m-a-cvs-health/cvs-health-to-acquire-aetna-for-69-billion-in-years-largest-acquisition-idUSKBN1DX0NC

U.S. drugstore chain operator CVS Health Corp (CVS.N) said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc (AET.N) for $69 billion, seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies.

CVS to Buy Aetna for $67.5 Billion, Remaking Health Sector

January 15th, 2018

CVS to Buy Aetna for $67.5 Billion, Remaking Health Sector

https://www.bloomberg.com/news/articles/2017-12-03/cvs-is-said-to-buy-aetna-for-67-5-billion-remaking-industry

Drugstore chain will pay $207 a share, $145 a share in cash

Companies bet on bringing health care closer to consumers

 

CVS Health Corp.

3 questions advisers should ask about the potential CVS-Aetna deal | Employee Benefit Adviser

October 31st, 2017

3 questions advisers should ask about the potential CVS-Aetna deal | Employee Benefit Adviser

The news that CVS has reportedly launched a $66 billion bid to buy Aetna shows that once unimaginable mergers are becoming the norm. But it also raises some important questions for brokers about the future of group benefits, and how to operate in a fast-moving and constantly changing landscape.

CVS to Buy Aetna for $66 Billion. Is a consolidation about to occur?

October 27th, 2017

By Zachary Tracer and Robert Langreth
(Bloomberg) -- Aetna Inc. gained in New York trading after
the Wall Street Journal reported that CVS Health Corp. is in
talks to buy the insurer for more than $66 billion.
Aetna jumped 12 percent to $178.60, closing at a record
high, while CVS fell 2.9 percent to $73.31. Spokesmen for Aetna
and CVS declined to comment.

Anthem Joins With CVS to Start Its Own Pharmacy Business

October 20th, 2017

Could this be the continuation of a shift in RX? Note that we've highlighted a possible new entrant with $20 Billion dollars of cash on hand in the story below.

Anthem, one of the nation’s major health insurance companies, said on Wednesday that it planned to start its own business to manage prescription drug plans by partnering with CVS Health, the large pharmacy benefit manager and drugstore chain.