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CALIFORNIA HEALTH INSURANCE Commissioner Dave Jones has announced an investigation into Aetna’s medical claim review practices following a CNN report of a deposition by Dr. Jay Ken Iinuma, former medical director for Aetna for Southern California, in which Iinuma says he never reviewed medical records while deciding to approve or deny medical claims. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

California health insurance commissioner to investigate Aetna’s medical claim review practices

WOONSOCKET – As CVS Health and Aetna continue planning for a proposed $69 billion merger, California Health Insurance Commissioner Dave Jones has announced an...
CVS HEALTH HAS announced it will share $425 million in tax savings with its employees through wage increases, health and family leave benefits. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

CVS Health: Federal tax overhaul prompts wage, benefit increases for employees

WOONSOCKET – CVS Health has announced three employee wage and benefit improvement programs totaling $425 million annually to share with employees tax savings created...
THE PROPOSED MERGER between CVS Health and Aetna overvalues Aetna stock by about $9 billion, according to the market. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

CVS-Aetna merger values Aetna $9B above market

WOOSNSOCKET – With separate CVS Health and Aetna shareholders’ votes scheduled for March 13 in New York City, the companies’ proposed merger offer of...
THE DEPARTMENT OF JUSTICE is asking for more information in its review of the CVS Health-Aetna merger proposal, extending the waiting period on the application 30 days. / BLOOMBERG FILE PHOTO /MICHAEL NAGLE

DOJ seeks new info on CVS Health-Aetna merger, extends waiting period...

WOONSOCKET — The U.S. Department of Justice extended the Hart-Scott-Rodino Antitrust Improvements Act waiting period for CVS Health Corp. and Aetna Inc.’s merger review...

Health stocks, including CVS, slump as Amazon-led group unveils efficiency plans

WILMINGTON, Del. – Health care stocks plunged after three companies led by Internet giant Amazon.com Inc. said they plan to collaborate on developing ways...
ACCORDING TO A PRELIMINARY prospectus, the value of the CVS Health purchase of Aetna is $69.7 billion. But the market value of Aetna as of the close of the markets Friday was $6.7 billion short of that figure. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

Market skeptical of CVS-Aetna merger valuation

WOONSOCKET – CVS Health Corp.’s preliminary prospectus for shareholders filed with the Securities and Exchange Commission Friday afternoon values its merger with Aetna Inc....
CVS HEALTH CORP. expects the new 2018 tax rules to increase its cash flow by $1.2 billion. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

CVS says new tax law expected to increase cash flow by...

WOONSOCKET - CVS Health Corp. issued its initial outlook for 2018 Thursday, saying it expects the new tax bill to increase its cash flow...
HEALTHY AMBITION: The $69 billion merger proposal for CVS Health and Aetna promises better, less expensive health care; time will tell if that is delivered. / BLOOMBERG NEWS FILE PHOTO/­CHRISTOPHER LEE

With big promise, CVS-Aetna merger could improve health

For now, the most important issue that the proposed CVS Health Corp.-Aetna Inc. deal brings up is, will the merger deliver what the two...
CVS HEALTH CORP. HAS REACHED A DEAL to acquire Aetna Inc. for $69 billion. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

CVS Health, Aetna plan to offer lower cost, managed health care

WOONSOCKET — CVS Health Corp.’s $77 billion merger with Aetna Inc. would combine analytics and community-centered care in the patient-centered health model in 10,000...
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