The merged entity will establish a data-driven healthcare model aimed at improving personalization and convenience, Mr. Merlo said. With almost 70 percent of Americans living within 3 miles of a CVS pharmacy, he said the combined company will offer people more access to care and other services.
A CVS-Aetna model will be “easier to use, less expensive and [put] people at the center of their care,” he said, according to CNBC. It will also center on three pillars: improving health, making healthcare local and simplifying the process.
The deal, announced in December 2017, is expected to close at the beginning of the fourth quarter. It is awaiting antitrust approval from the Department of Justice.
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