Walgreens is collaborating with NewYork-Presbyterian on a program that will bring telemedicine via self-service kiosks to the drug store chain's stores.
The merging of CVS Health and insurance giant Aetna is the first, we believe, of many similar deals that ultimately point toward transformative changes in healthcare and optimally, lower costs.
Walgreens is moving on from its "corner of happy and healthy" tag line to new branding that emphasizes the company's 116-year heritage of serving customers and also targets a younger demographic.
CVS Health's decision to purchase insurance Aetna will transform both the pharmacy and health-care businesses. And it will also impact a potentially vulnerable small pool of retail chains.
CVS Health on Monday reported earnings that beat analysts expectations as strength in its pharmacy services division helped offset falling retail sales.
Rumors of a blockbuster deal in which CVS Health would acquire insurance giant Aetna circulated late Thursday afternoon following a report by The Wall Street Journal.
