CVS has a mixed quarter as it envelops Aetna

CVS Health on Wednesday reported that fourth quarter revenue rose 12.5% to $54.4 billion, in a period that it completed its $70 billion acquisition of health insurer Aetna. Revenues in the quarter from front-store retail plus long-term care operations rose 5.4% to $22 billion, mostly driven by a prescription volume and branded drug price bumps, partially offset by reimbursement pressure and generic drug introductions, according to a company press release.
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