Mergers & Acquisitions
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.
The first installment of our two-part series looks at many of the things that can, and commonly do, go wrong.
About a quarter of respondents thought mergers and acquisitions were threats to their health, and many place more trust in smaller practices.
AG's settlement stipulates that the newly-combined system make significant financial commitments to improving access to care and an historic 7-year cap on price increases.
Combined company is expected to generate revenue-enhancing initiatives, though Moody's has downgraded CVS's rating based on the debt level from $69 billion merger.