CVS Health to split pharmacy chain from health insurance

Headline from The Guardian · First reported Nov 4, 9:05 AM ET (22h ago) · Updated Nov 4, 4:20 PM ET · 4 sources, 4 articles

CVS Health

Image: The Guardian

What's being reported

CVS Pharmacy will be separate from CVS Health, housing major insurer Aetna and benefits manager Caremark CVS Health, the largest US healthcare conglomerate valued at $117bn, has announced its plans split off its pharmacy chain from its health insurance and benefits businesses, ending an era in…

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Same story, different headlines

Left · The GuardianCVS Health to split pharmacy chain from health insurance

RightNo right-leaning outlet in our sources has covered this yet.

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New York TimesLeft-CenterHigh·Nov 4, 4:20 PM ET

CVS to Split Off Drugstore Business, Ending Its Bigger-Is-Better Era

In a breakup planned for 2028, CVS Health intends to keep together its insurance and pharmacy benefits divisions and create a separate company for its pharmacies.

The GuardianLeft-CenterHigh·Nov 4, 10:20 AM ET

CVS Health to split pharmacy chain from health insurance

Center1

CNBCLeast BiasedHigh·Nov 4, 2:58 PM ET

CVS Health plans to split itself up. Here's why a breakup could make sense now

Analysts say that after a roughly two-year turnaround the company's retail pharmacy business and other units may be strong enough to stand on their own.

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No right outlets in our sources have covered this yet.

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SemaforNot rated·Nov 4, 9:05 AM ET

CVS confirms it will split pharmacy business from insurance

The 2018 merger of insurance behemoth Aetna and a 9,000-store retail pharmacy chain had built a $117 billion empire.

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