CVS plans to turn stores into healthcare hubs

CVS agreed to pay $69 billion in cash and stock for Aetna


CVS Health is looking to create a national network of community medical clinics that will serve as "America's front door to quality healthcare," according to an article on the NPR website.

That's the goal wth CVS's deal for Aetna, according to company officials. CVS agreed to pay $69 billion in cash and stock for Aetna. 

"CVS wants to be more than just a retail outlet," Craig Garthwaite, a professor at Northwestern's Kellogg School of Management, said in the article. "They're expanding the retail clinics so they won't be quite urgent care, but they'll resemble a direct primary care facility."

CVS operates more than 1,100 MinuteClinics at locations in its drugstores and within Target stores. 

Read the article.

 

 



December 7, 2017


Topic Area: Industry News


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