In a surprising turn of events, sources say that CVS Health is exploring the possibility of breaking up its business empire — a move that could unravel years of aggressive vertical integration, including its $70 billion acquisition of health insurer Aetna back in 2017.
With impending serious lawsuits, could this just be a way to funnel these into the least profitable segment, thereby protecting money in the other segments? I suspect this would be closer to the actual reason for a divestiture.
Mega corporate mergers that seek to integrate diverse components of traditionally independently managed and operated services always, and eventually, fail because the clashing merging cultures never allow the controlling competency to remain for the components that are now part of a greater whole. See Citicorp/Travelers, to name one.
The piece that stuck out for me was that they paid out too much on Advantage plans. There seems to be a shifting with these plans in my opinion from the market loves them to health providers (especially a couple of hospitals in Chicago) loathe some. I'll be watching with interest to see how this all falls out.
I do not understand how and why state retirement systems are in favor of giving so much corporate welfare to private for profit health insurance companies.
United Healthcare and Optum need a gut check. Price gouging and crappy service.
All these Pharma conglomerates and Health insurance Co's need gutted.
The ACA gave them all the keys to the kingdom leaving them full reign to price gouge us consumers and left patients out to die.
Not sure how you're making this connection. Can you clarify, please.
All I can say to CVS is 😹😹😹😹😹. You deserve this.
The needle is moving.
With impending serious lawsuits, could this just be a way to funnel these into the least profitable segment, thereby protecting money in the other segments? I suspect this would be closer to the actual reason for a divestiture.
Now we need to address ACO REACH!
Mega corporate mergers that seek to integrate diverse components of traditionally independently managed and operated services always, and eventually, fail because the clashing merging cultures never allow the controlling competency to remain for the components that are now part of a greater whole. See Citicorp/Travelers, to name one.
The piece that stuck out for me was that they paid out too much on Advantage plans. There seems to be a shifting with these plans in my opinion from the market loves them to health providers (especially a couple of hospitals in Chicago) loathe some. I'll be watching with interest to see how this all falls out.
Caremark is top of the scourge heap
I do not understand how and why state retirement systems are in favor of giving so much corporate welfare to private for profit health insurance companies.