Reported 3 months ago
CVS is reportedly exploring a potential breakup of its integrated healthcare business, which may involve spinning off Aetna and Caremark. This move reflects broader changes in the healthcare industry, where CVS is not alone in reevaluating its strategy amid rising costs and increased scrutiny over provider management. While investors reacted positively to the news, skepticism exists regarding the future performance of Aetna and the implications for CVS's market position, especially in light of competition from other major players like Walgreens and potential challenges within the pharmacy benefit manager sector.
Source: YAHOO