CVS Indicates Interest in Primary Care Acquisitions

CVS Health Corp. beat earnings projections for the third quarter, with PBM subsidiary Caremark a main driver of profitability. Aetna, the firm’s health insurance subsidiary, was also profitable, but its results disappointed Wall Street analysts. CVS executives also doubled down on the firm’s growing primary care strategy and indicated they may seek transactions in that space.

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Peter Johnson

Peter Johnson

Peter has been a reporter for nearly a decade. Before joining AIS Health, Peter covered a wide variety of topics in his hometown of Seattle, where he continues to live. Peter’s work has appeared in publications including The Atlantic and The Stranger. Peter attended Colby College.

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