CVS Health, once a dominant pharmacy chain, has transformed into a sprawling healthcare conglomerate by acquiring hospitals, insurance providers, and pharmacy services, creating a vertically integrated business model. The company now faces a major strategic shift, announcing plans to split its operations into three separate entities to streamline its diverse holdings. This restructuring could reshape the healthcare industry by separating its retail pharmacy, pharmacy benefits management, and health insurance businesses into distinct companies. Analysts and industry observers will be watching closely to see how this move impacts competition, consumer access, and the future of integrated healthcare services.
How CVS built a healthcare empire it now plans to split Reuters
