The Cigna Group has closed the sale of its Medicare businesses for $3.3 billion to Health Care Service Corp., parent of five Blue Cross and Blue Shield plans.
The American Medical Association and a chorus of physician groups decried a decision by the Republican-controlled Congress to allow a cut in Medicare payments to doctors.
CVS Health is rolling out a new and smaller pharmacy format amid hundreds of drugstore closures across the retail pharmacy industry and investor pressure to boost profits.
The specialty pharmacy business may be the most attractive part of Walgreens as rumors swirl the company will be taken over and broken into two or three companies.
Humana will be expanding its CenterWell and Conviva primary care operations into 11 states — including four new markets — where the company has medical care providers.
Walgreens is getting closer to selling its stake in doctor-staffed clinic operator VillageMD, which has already cost the drugstore giant billions of dollars.