In the filing, Aetna and CVS said they received approval for their deal from 26 out of 28 states.
“CVS Health has made significant progress and is in the final stages of the approval process with the remaining two states,” the companies said. “CVS Health is confident that these remaining approvals will be secured.”
CVS shares dipped 3 percent on Nov. 20, according to CNBC.
California’s Department of Managed Care gave CVS Health the green light to move forward with the acquisition Nov. 15.
More articles on payers:
5 best practices for payers, providers to hasten evidence-based care adoption
CMS’ new state waiver for paying mental health institutions: 4 things to know
10 states with the lowest 2019 average Medicare Advantage costs
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
