A federal judge yesterday approved CVS Health’s $69 billion acquisition of Aetna. U.S. District Court Judge Richard Leon, who asked to review the case, said the nation's health care markets would likely remain "very competitive" following the combination of the two companies, despite concerns raised by a number of organizations. The Department of Justice's Antitrust Division last October announced a settlement that allowed CVS Health and Aetna to proceed with their merger if Aetna divested its Medicare Part D prescription drug plans to WellCare.

Related News Articles

Blog
AHA featured in numerous media publications.
Headline
“In just the first half of 2019, we have seen multi-billion dollar acquisitions announced by Pfizer and Roche in addition to the proposed AbbVie and Bristol-…
Headline
Based on guidelines used by the Department of Justice and Federal Trade Commission to assess market competition, 75% of U.S. commercial health insurance…
Perspective
Health care is experiencing unprecedented change: the field is shifting to value-based care; new players are entering the health care field; and pa
Headline
As American health care continues to transform, hospitals and health systems are leading the way forward, fueling innovation and delivering greater value to…
Headline
Hospital mergers enhance quality for patients and reduce costs, according to a Charles River Associates study released today.