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CVS Health to split pharmacy chain from health insurance

New York TimesCVS Health to split pharmacy chain from health insurance
Image: The Guardian

What the coverage says

CVS Health has announced plans to divide its retail pharmacies into a new company by 2028, according to the New York Times and the Guardian. Under the impending breakup, the parent company will retain its pharmacy benefits manager Caremark and major insurer Aetna. CNBC reports that analysts view the retail pharmacy division as finally sturdy enough to operate independently following a turnaround effort lasting roughly two years.

Written by HeadlineShine from 3 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.

Read the full story on The Guardian

Timeline

  1. New York Times first reported it
  2. The Guardian reported it
  3. CNBC reported it
  4. Latest update
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