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CVS - Aetna deal may mean more services

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(AP HEALTH)- CVS Health wants to do much more than fill your prescription or jab your arm with an annual flu shot.

The second-largest U.S. drugstore chain is buying the health insurer Aetna in order to push deeper into customer care. The evolution won't happen overnight, but in time, shoppers may find more clinics in CVS stores and more services they can receive through the network of nearly 10,000 locations that the company has built.

Wall Street analysts say the $69 billion deal announced Sunday evening pushes CVS in a direction the company has been heading for years. It already runs about 1,100 clinics and has been steadily expanding the health care it offers.

In 2014, the company stopped selling tobacco products to further burnish its health care image.

Chairman and CEO of CVS released this statement in a press release: 

"This is the next step in our journey, positioning the combined company to dramatically further empower consumers. Together with CVS Health, we will better understand our members' health goals, guide them through the health care system and help them achieve their best health," said Mark T. Bertolini, Aetna chairman and CEO. "Aetna has a proud tradition of continually innovating to address unmet consumer needs and providing leading products and services to the marketplace." 

To see the full press release visit CVS website here

(Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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