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
© 2021 MMIT

AIS Health Staff

Related Posts

https://www.mmitnetwork.com/wp-content/uploads/2021/12/WordPress-Featured-Image-radar-on-drug-benefits-COVID-19-Treatment-Candidates-at-a-Glance.jpg
December 3

Health Insurers Embrace Vaccine Requirements for Workers

READ MORE
https://www.mmitnetwork.com/wp-content/uploads/2021/12/WordPress-Featured_AdobeStock_23041642.jpg
December 3

TeamHealth Wins One Battle in Ongoing War With UnitedHealth

READ MORE
https://www.mmitnetwork.com/wp-content/uploads/2021/09/MCO-Stock-Performance-August-2021.jpg
December 3

Optum Dominates UnitedHealth’s Investor Day, Growth Strategy

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