- The company has invested more than $88 billion in acquisitions over the last six years, with the aim to transform from a traditional retail pharmacy into a comprehensive retail provider. However, analysts told the news outlet that separating the integrated units could bring certain challenges.
- CVS’ board is conducting a strategic review, exploring options that include a split. However, the decision is not expected in the near term, and analysts said dismantling the organization could leave certain units struggling independently, which could jeopardize customer retention and revenue streams.
- While a breakup could allow for a renewed focus on core operations, it also raises concerns about a disruption of synergies between CVS pharmacy services and its pharmacy benefit manager, CVS Caremark, according to the Journal.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.