Aetna - Page 8 of 9 - Providence Business News

CVS HEALTH AND AETNA shareholders are voting Tuesday to approve the merger of the two companies. If the votes approve the deal, it still reuires regulatory approval to be completed. / BLOOMBERG FILE PHOTO/CHRISTOPHER LEE

CVS, Aetna shareholders voting Tuesday on merger

Health Services 03/13/2018

WOONSOCKET – Shareholders of CVS Health Corp. and Aetna Inc. are voting Tuesday to approve the proposed merger between the retail pharmacy and benefits...

THREE PHARMACY-BENEFIT MANAGERS - CVS Health, Express Scripts and UnitedHealthcare - control more than 70 percent of the market, including more than half of the $138 billion specialty drug prescription market.

Partners turned into prey as insurers, drug plans get squeezed

Health Services 03/12/2018

NEW YORK – Over 20 years, Brian Komoto built a thriving pharmacy in California’s Central Valley. Each day, his nurses would travel the vast...

WALMART IS EXPERIMENTING with a number of ways to bring down its health care costs, including setting up accountable care organizations at many of its employment centers, where the retailer buys care directly from providers. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Amazon isn’t only retail giant trying to remake health care

Economic Activity 03/08/2018

NEW YORK – Amazon.com Inc. says it wants to remake health care for its workers. But its biggest rival is beating it to the...

CIGNA HAS MADE an offer to buy pharmacy-benefits manager Express Scripts, the last remaining large and independent PBM in the nation, in a deal whose total value is $69.6 billion. / BLOOMBERG NEWS FILE PHOTO/RON ANTONELLI

Cigna to buy Express Scripts as health shakeout speeds up

Health Services 03/08/2018

NEW YORK – Cigna Corp. agreed to buy Express Scripts Holding Co. in an about $54 billion deal that builds on the rapid transformation...

INVESTORS THAT BOUGHT the bonds that CVS Health sold Tuesday to help finance its purchase of Aetna already have seen a gain in the value of their holdings, as the debt market reacts favorably to the deal.

CVS bond buyers get $450M windfall after mega sale

Financial Services 03/07/2018

NEW YORK – Investors who managed to grab a piece of CVS Health Corp.’s mammoth $40 billion bond sale are already a little richer. The...

Filing: CVS-Aetna combo would have generated $237B in revenue in 2017

Economic Activity 02/28/2018

WOONSOCKET – CVS Health Corp., as part of its continuing U.S. Securities and Exchange Commission filings related to its proposed merger with Aetna Inc.,...

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

Health Services 02/12/2018

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

Health Services 02/12/2018

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

Financial Services 02/12/2018

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...

Government 02/02/2018

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...

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