Posted by Michael Wonder on 07 Nov 2018
CVS to test stores with added health services early next year after Aetna deal closes
6 November 2018 - CVS expects its roughly $69 billion acquisition of health insurer Aetna to close before Thanksgiving.
Consumers will soon start to see CVS Health's vision for the future of health care.
CVS plans to open its first concept stores early next year, CEO Larry Merlo told Wall Street analysts Tuesday. Merlo outlined areas CVS will focus on to reduce medical costs for the combined company once the deal closes.
Four examples Merlo outlined Tuesday include:
- Managing five common chronic conditions — diabetes, cardiovascular disease, hypertension, asthma and behavioral health.
- Optimizing and extending primary care, including to expand the scope of services available at CVS' MinuteClinics to help identify and manage chronic diseases.
- Reducing avoidable hospital readmissions by combining Aetna's clinical programs with CVS' stores to guide patients when they're discharged.
- Managing complex chronic diseases, such as kidney disease.
