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THE MERGING OF CVS Health and Aetna grew net income for the combined company by 43% year over year in the first quarter to $1.4 billion. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS earns $1.4B in Q1 following Aetna acquisition

WOONSOCKET – In its first full-quarter filing following the acquisition of Aetna Inc., CVS Health Corp. earned $1.4 billion in the first quarter of...
JOSEPH A. NAGLE, president and CEO of Delta Dental of Rhode Island will retire as of July 1. / COURTESY OF DELTA DENTAL OF RHODE ISLAND

Delta Dental president and CEO Nagle to retire, to be succeeded...

PROVIDENCE – Joseph A. Nagle, president and CEO of Delta Dental of Rhode Island, will retire as of July 1, the company announced Monday.Nagle,...
ENROLLMENT THROUGH THE Rhode Island state health exchange increased 6 percent to 32,486 customers in 2018.

HSRI enrollment increases 6% in 2019

PROVIDENCE – Healthsource RI, the state’s health care exchange, saw 32,486 people sign up for health insurance during its open enrollment period, representing an...
CVS HEALTH reported a loss of $596 million in 2018. / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

CVS posts loss in 2018, predicts dire year as 2015 deal...

NEW YORK – CVS Health Corp. shares dropped in early trading Wednesday after the health care company said its results would be dragged down...

Health compact deal is good first step for R.I.

With the signing of the Compact to Reduce the Growth of Health Care Costs and State Health Care Spending in Rhode Island, 13 insurers,...
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PBN on WJAR-TV, Dec. 31, 2018

2018 was good, but much to be doneEvery week, PBN Editor Mark S. Murphy appears on WJAR-TV NBC 10’s Coffee Break to discuss the...
FUTURE OUTLOOK: Business and nonprofit leaders in Rhode Island meet with Providence Business News Editor Mark S. Murphy to discuss 2018 and where the state is headed. Starting at the head of the table, background, from left, clockwise: Murphy; Providence College Dean of the School of Business Sylvia Maxfield; VIBCO President Karl Wadensten; Washington Trust Bancorp President and Chief Operating Officer Mark K. W. Gim; Crossroads Rhode Island President and CEO Karen A. Santilli; Blue Cross & Blue Shield of Rhode Island Executive Vice President, General Counsel and Chief Administrative Officer Michele B. Lederberg; and Gilbane Building Co. President and CEO Michael E. McKelvy.
 / PBN PHOTO/RUPERT WHITELEY

2018 was a good year, but much work is to come

On Dec. 14, Providence Business News Editor Mark S. Murphy sat down with six leaders of the Rhode Island business and nonprofit community to...
CUSTOMER SERVICE: Aaliyah Perez is a customer service representative at HealthSource RI’s walk-in center in East Providence. The state’s health insurance exchange had enrolled 31,771 people for coverage in 2019 as of Dec. 10.
 / PBN PHOTO/MICHAEL SALERNO

HealthSource RI enrollment ahead of last year’s pace

HealthSource RI is running ahead of last year in enrolling Rhode Islanders for health insurance coverage in 2019.With the deadline approaching on open enrollment,...
AHEAD OF THE GAME: With enrollments so far ahead of last year’s pace, HealthSource RI is not seeing much effect from the federal government’s removal of the penalty for not having health insurance.

HealthSource’s success positive for R.I.’s health in many ways

In many ways, Rhode Island is an outlier. But in one case, at least, the Ocean State stands out in a way that places...
CVS HEALTH has closed its $70 billion acquisition of Aetna. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

CVS Health closes $70B Aetna acquisition

WOONSOCKET — CVS Health Corp. has closed its acquisition of Aetna Inc., with the latter valued at $212 per share, or about $70 billion,...
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