News Briefs

CVS Health Corp. said on Feb. 3 that former Aetna Inc. CEO Mark Bertolini, who led the health insurer when it was acquired by the pharmacy chain, will leave the CVS board once integration is complete. But in an interview with the Wall Street Journal, Bertolini claimed he was forced out, and implied that he lost a power struggle with CVS CEO Larry Merlo. “There’s always going to be a natural tension between the current CEO and the former CEO in any discussions regarding how you move the strategy forward,” Bertolini told the publication. Read more at https://on.wsj.com/2GTNAFV and https://bit.ly/2SpwYuT.

Humana Inc. continues to expand in the health care provider space, announcing that its Partners in Primary Care brand will partner with Welsh, Carson, Anderson & Stowe (WCAS) to expand operations. “This joint venture will further allow Partners in Primary Care to scale its core operations to facilitate the continued expansion of its care model,” said a Humana press release. The venture will target seniors in “underserved areas throughout the nation,” and WCAS will invest about $600 million in the venture, the release said. WCAS owns a majority stake in MMIT, AIS Health’s parent company. Visit https://huma.na/380IX8J.

0 Comments
© 2023 MMIT
AIS Health Staff

AIS Health Staff

Related Posts

denied-stamp
May 26

Rising Rate of Claims Denials Suggests Need for Better Payer-Provider Relations

READ MORE
businessman-viewing-news-update-journalism-headline-on-a-laptop
May 26

News Briefs: AHIP CEO Will Step Down in the Fall

READ MORE
a-woman-taking-taxi
May 26

Payers Can Help Tackle Transportation Barriers That Stymie Health Care Access

READ MORE

GAIN THERAPEUTIC AREA-SPECIFIC INTEL TO DRIVE ACCESS FOR YOUR BRAND

Sign up for publications to get unmatched business intelligence delivered to your inbox.

subscribe today