Home 禄 Business 禄 Manufacturing
CVS seals deal
Source: Agencies |
January 1, 2011, Saturday
|
Print Edition
Print Edition
CVS Caremark Corp yesterday said it will pay US$1.25 billion to Universal American Corp for its Medicare prescription drug services unit.
CVS said it wants to expand bigger in this area because "a growing portion of the country's population will receive their prescription drug coverage under Medicare plans."
CVS said the deal will more than double the size of its Medicare Part D business. Universal American's Part D business serves about 1.9 million Medicare members while CVS serves 1.2 million members.
Medicare Part D is the federally-subsidized prescription benefit program provided to Medicare beneficiaries.
CVS said it wants to expand bigger in this area because "a growing portion of the country's population will receive their prescription drug coverage under Medicare plans."
CVS said the deal will more than double the size of its Medicare Part D business. Universal American's Part D business serves about 1.9 million Medicare members while CVS serves 1.2 million members.
Medicare Part D is the federally-subsidized prescription benefit program provided to Medicare beneficiaries.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
