RealFeedApp CVS Health will split into two companies by the first half of 2028
CVS Health will separate its insurance arm Aetna and pharmacy benefit manager Caremark from its network of 9,000 retail pharmacies. The split reverses a decade-long strategy of vertical integration.
- Field
- business and funding
- What they did
- CVS Health plans to split into two separate companies: one will house its insurance arm Aetna and pharmacy benefit manager Caremark, while the other will include its 9,000 retail pharmacies. This decision follows a decade of integration, including the $78 billion merger with Aetna and Caremark.
- Why it matters
- The company believes that separating the businesses will make the respective teams more agile and competitive, with the split expected to be completed in the first half of 2028.
#corporate split#healthcare#aetna#caremark#cv health
