Mergers & Acquisitions
Federal Judge Richard Leon suggested a monitor oversee CVS Health and Aetna to ensure the businesses were kept separate while the merger was under review.
The integration of insurer and pharmacy benefit manager follows that of CVS Health and Aetna.
GSK plans to spin off the newly-combined entity after the deal closes; new company to operate under GSK Consumer Healthcare name.
Dignity Health-GoHealth Urgent Care's network of 14 locations will extend to San Francisco, San Mateo, Marin and Alameda counties.
CVS Health said it is maintaining a firewall to prevent the exchange of competitively sensitive information with Aetna.
The deal awaits another state approval; It has already received the go-ahead from Department of Justice.
The proposed transaction would yield one of the largest urgent care provider systems in the country, with a combined 251 clinics in 10 states.
The DOJ is going against the opinion of federal judge who wants CVS Health and Aetna assets to remain separate.
In Part 2 of our series on the hospital mergers, a look at the common problems and advice about how to sidestep them.
While integration of CVS Health and Aetna has begun, judge has ordered both parties to submit arguments by December 14.