Healthcare Industry Transformation: CVS Acquires Aetna for $69 Billion

In February 2018, CVS Health, the largest pharmacy chain operator in the US, completed its $69 billion acquisition of the insurance giant Aetna. This move, one of the largest healthcare acquisitions in history, aimed to vertically integrate pharmacy services, pharmacy benefit management (PBM), and health insurance.

The merger signaled a move by world-renowned financial consortiums to reshape the US healthcare ecosystem, creating an integrated behemoth ready to compete against technology giants like Amazon entering the healthcare future industry.