CVS Makes Its Pitch for the Future of Health Care - dailyOnews

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Tuesday, June 4, 2019

CVS Makes Its Pitch for the Future of Health Care



Shares of CVS Health Inc. have been battered in recent months along with other health-care companies amid stepped-up scrutiny of the industry’s pricing practices and calls from lawmakers and the Trump administration to overhaul the current complicated and costly U.S. health system. CVS also has had the added task of integrating Aetna Inc., the insurer it bought for $69 billion in November as part of an ambitious plan to transform itself from a pharmacy giant into a a more complete provider of health-care services. It was against this backdrop, and with CVS’s shares down 31% since completin...

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