Many companies in 2018 sought a slice of the healthcare pie, including e-commerce titan Amazon, resulting in a massive conglomerate deal with J.P. Morgan Chase and Berkshire Hathaway. Tech-giant Apple began to carve its own path in the industry and 2018 also became one of healthcare's biggest years for mergers and acquisitions.
An...National News
Former Apple CEO John Sculley spoke out last week about the key role Amazon could play in the healthcare industry. The conglomerate partnership between Amazon, Berkshire Hathaway, and JP Morgan Chase & Co. has turned the heads of many in the three-trillion dollar industry, but little is known as to what exactly they have in store for...National News
Uncertainty surrounds potential mega-healthcare mergers as the CVS-Aetna deal and Cigna's acquisition of Express Scripts are in question. Just last year, the Justice Department thwarted the Cigna-Anthem and Aetna-Humana mergers.
The California Insurance Commissioner is adamant that the CVS-Aetna $69 billion merger proposal be blocked...