CVS says it will maintain Aetna's Hartford headquarters

CVS, which recently agreed to buy health insurer Aetna in a $69 billion deal, will keep Aetna's headquarters in Hartford, Conn., according to the Hartford Courant.

CVS will retain its Woonsocket, R.I., headquarters, as well.

"We have no plans to relocate Aetna's operations from Hartford and, in fact, view Hartford as the future location of our center of excellence for the insurance business," CVS spokesman David Palombi said in an email to the Hartford Courant.

The announcement follows news that New York City Mayor Bill de Blasio canceled Aetna's incentive package to set up shop in the state, and it ends months of speculation that Aetna would be relocating its home base amid the acquisition.

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Learning Opportunities

Featured Webinars

Featured Whitepapers

Featured Podcast

Top 40 articles from the past 6 months