CVS announced the completion of its purchase of Aetna on Wednesday, promising the new combined company would led to “improved health outcomes and lower medical costs.” The purchase of Aetna by CVS, at a price of about $78 billion, follows a trend of consolidation in the health care industry that is decried by doctors, hospitals and consumer groups who say fewer choices will lead to higher costs and poorer care. “Today marks the start of a new day in health care and a transformative moment for our company and our industry,” said CVS Health President Larry J. Merlo in the statement announcing the completion of the deal.
from News https://www.ctpost.com/politics/article/CVS-says-purchase-of-Aetna-is-done-deal-13429260.php
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