CVS Acquisition of Aetna to Introduce Community ‘Health Hubs’

CVS Health’s proposed $69 billion acquisition of Aetna seeks to accelerate healthcare consumerization by turning corner drugstores into community “health hubs.” This innovative merger would combine the country’s third-largest health insurer, with 22 million customers, and the largest U.S. drugstore chain with 9,700 retail pharmacies, 1,100 MinuteClinics, 4,000 nurses, and one of the largest employer pharmacy benefits managers. The community health hubs would create an unprecedented, vertically integrated healthcare platform built around patients rather than physicians. Aetna CEO Mark Bertolini said that since all healthcare is local, this merger “brings us closer to the community, and creates a new front-door… Full Story