CVS Has Little Time to Waste as Amazon, Walgreens Ink Doctor Deals

Most Americans still think of Walgreens and CVS as a place to pick up a prescription and maybe some Hallmark cards. Both companies want to become their medical providers, too. That explains why earlier this week a unit of Walgreens Boots Alliance pushed deeper into medical practices, just two months after CVS Health Corp. agreed to buy home-healthcare company Signify Health for $8 billion. For CVS, which already owns a pharmacy-benefits manager and insurance giant Aetna, now isn’t the time to take its foot off the accelerator, despite pressure to focus on buying back shares.

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Source: https://www.wsj.com/articles/cvs-has-little-time-to-waste-as-amazon-walgreens-ink-doctor-deals-11668087469

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