Posted by Michael Wonder on 08 Mar 2018
Cigna to buy Express Scripts as health shakeout speeds up
8 March 2018 - Deal comes amid accelerating transformation of health industry.
Cigna agreed to buy Express Scripts in an about $54 billion deal that builds on the rapid transformation of the health-care business as companies and consumers chafe at rising costs.
Express Scripts is the largest remaining independent drug middleman. Its biggest competitors are the pharmacy-benefits management companies run by CVS Health and UnitedHealth.
