Key facts
- CVS Health is considering a breakup that could separate its retail pharmacy chain from its insurance business, the Financial Times reported.
- The report cited people familiar with the matter and gave no decision, timetable or valuation for any separation.
- CVS Health has not commented publicly on the report, which rests on unnamed sources.
CVS Health is considering a breakup of its healthcare businesses that could separate its retail pharmacy chain from its insurance arm, the Financial Times reported on November 3, citing people familiar with the matter.
The report described a review under consideration and gave no decision, timetable, valuation or structure for any separation. CVS Health did not comment publicly on the account, which rests on unnamed sources.
The company combines a retail pharmacy chain, a pharmacy benefits manager and a health insurer under one corporate roof, the businesses the reported review would divide.