APIndiana NewsLocal News

CVS purchases Aetna

CVS Pharmacy Logo (PRNewsFoto/CVS Pharmacy)

NATIONWIDE (AP): CVS Health wants to do much more than fill your prescription or jab your arm with an annual flu shot.

The second-largest U.S. drugstore chain is buying the health insurer Aetna in order to push deeper into customer care.

The evolution won’t happen overnight, but in time, shoppers may find more clinics in CVS stores and more services they can receive through the network of nearly 10,000 locations that the company has built.

Wall Street analysts say the $69 billion deal announced Sunday evening pushes CVS in a direction the company has been heading for years. It already runs about 1,100 clinics and has been steadily expanding the health care it offers.

In 2014, the company stopped selling tobacco products to further burnish its health care image.

Related posts

Arrest made in 2016 fatal shooting

Darrin Wright

Electric Works 5th extension of deadlines facing opposition from local elected officials

Brian Davis

Fort Wayne GM plant set to reopen next week

AP News

Leave a Comment