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CVS Health to split into two companies, separating pharmacies and insurance

  • CVS Health is splitting into two companies, separating its pharmacy services from its insurance business.
  • The move marks a significant shift from CVS' strategy of integrating healthcare services through acquisitions.
  • The decision follows CVS' acquisition of health insurer Aetna in 2018 for approximately $78 billion.
  • The total value of CVS Health's healthcare empire is estimated at $117 billion.
  • The split aims to streamline operations and potentially enhance focus on core business areas.

Timeline

  1. CVS Health to break up

    CVS Health announces plans to dismantle its $117bn healthcare empire.

  2. CVS to split pharmacies from insurance

    CVS Health plans to separate its pharmacies from its insurance business.

  3. Latest

    CVS breaking up healthcare empire

    CVS Health's strategy shift includes splitting pharmacies from its insurance business.

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CVS Health to split into two companies, separating pharmacies and insurance | Split Angle