Why Obamacare Won't Stand in the Way of CVS Caremark in 2014
CVS Caremark recently announced its partnership with Cardinal Health in a deal that saw the creation of the largest generic sourcing entity in the U.S. This was just one of the numerous mergers and partnerships taking place between large companies in the space. Express Scripts and Medco Health merged in 2012. Walgreen also shuffled the decks after it announced it was planning to move its employees into a private health exchange.
These larger-than-life mergers and partnerships, coupled with the new industry developments such as Obamacare, have drastically altered the traditional PBM landscape. It's only fair to expect CVS investors to wonder where the company stands in the midst of all these changes, and what to expect both in the near-term and long-term.
CVS Caremark: Continuing to thrive in 2014 and beyond