Nov 28, 2018

CVS-Aetna is official

Bob Herman

CVS Health has officially absorbed Aetna. Photo: Justin Sullivan/Getty Images

As expected, CVS Health today completed its acquisition of Aetna, now valued at $78 billion including Aetna's debt. The deal combines 9,800 pharmacies, 22 million health plan members, a giant pharmacy benefit manager, numerous medical clinics, health insurance technology and $75 billion of debt under one roof.

Go deeper: CVS is now one of the world's largest health care corporations, but don't expect big savings from this deal.

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Axios

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 8 p.m. ET: 1,595,350 — Total deaths: 95,455 — Total recoveries: 353,975 — Map.
  2. U.S.: Total confirmed cases as of 8 p.m. ET: 461,437 — Total deaths: 16,478 — Total recoveries: 25,410 — Map.
  3. Public health latest: U.S. has expelled thousands of migrants under a CDC public health order — Dr. Anthony Fauci said social distancing could reduce the U.S. death toll to 60,000.
  4. Business latest: The Fed will lend up to $2.3 trillion for businesses, state and city governments — After another 6.6 million jobless claims, here's how to understand the scale of American job decimation.
  5. States latest: FEMA has asked governors to decide if they want testing sites to be under state or federal control.
  6. World latest: Lockdowns have led to a decline in murders in some of the world's most violent countries — Boris Johnson is moved out of the ICU but remains in hospital with coronavirus.
  7. In Congress: Senate in stalemate over additional funding for small business relief program.
  8. 1 SNL thing: "Saturday Night Live" will return to the air this weekend with a remotely produced episode.
  9. What should I do? Hydroxychloroquine questions answered — Pets, moving and personal health — Answers about the virus from Axios experts — What to know about social distancing — Q&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

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