https://www.forbes.com/sites/brucejapsen/2024/11/11/cvs-health-path-forward-becomes-clear-and-breakup-unlikely/
4 replies (most recent on top)
I see the id--ts who couldn’t run this business if they tried are back to posting their trash.
I posted the article. I've closely followed the news and stock market for a year now. This is the first article I've read where there's no rumor to the breakup.
I think everything was riding how the wind of administration would or would not change PBM and now with the red they can hike up the prices all they want and zero regulations.
And now with the red administration same thing with their healthcare business it's now all about VBS, prior authorization, and benefits. It puts the power back into the private and MCOs to hike up claims and say no to preexisting conditions and diseases is back. No more regulations at play now, no more watch dog check and balance. So, yes of course with this new administration they would be insane to breakup Aetna and CVS PBM from Aetna.
You should read what's coming out of the AMA. They're banding providers together because they know with this administration in order for them to get paid they have to meet those quality measures which is near to impossible in particular to the Medicare and Medicaid patients. So guess what red you fu---d middle class and low income with chronic, diseases, and disabilities over. Long reign the greedy corporations.
Article could be right.
- Aetna stepped in it bad loosing Star Ratings and Karen's bid low/win big strategy. Next year higher star ratings which equal higher government payments hit. Plus, they won't win as much business and hopefully not the low margin business.
- PBM has head winds but makes money.
- If they focus on retail, cut some costs, close some stores it will be better.
Joyner could look like a star in 2025 with just a bit of improvement. Karen might be a good act to follow.
To calm the sheeps/employees and prevent the vultures/investors, they need to do the breakup behind the scene