# CVS breaking up its healthcare empire — splitting pharmacies from insurance business

- URL: https://talkfuse.com/story/cvs-breaking-up-its-healthcare-empire-splitting-pharmacies-from-insurance-business/
- Published: 2026-11-04T00:12:05+00:00
- Updated: 2026-11-06T07:53:51+00:00
- Original publisher: New York Post (publisher lean: Right)
- Original article: https://nypost.com/2026/11/03/business/cvs-breaking-up-its-healthcare-empire-splitting-pharmacies-from-insurance-business/
- Topics: World

## Key points

- CVS plans to divide its pharmacies from insurance and pharmacy-benefit operations.
- The plan would reverse its push to build an integrated healthcare business.
- CVS reported $402.1 billion in revenue in 2025.

## Summary

CVS Health plans to split into two companies, separating its retail pharmacies from its insurance and pharmacy-benefit operations, according to a report citing the company. The move would reverse its strategy of combining healthcare businesses through acquisitions, including its roughly $78 billion purchase of Aetna in 2018.

One proposed structure would place about 9,000 pharmacies in a separately listed company, while Aetna and pharmacy-benefit manager Caremark would remain together; the final arrangement has not been confirmed. The potential split comes amid political and regulatory scrutiny of pharmacy benefit managers. CVS reported record revenue of $402.1 billion in 2025, up 7.8 per cent, and its market value has risen to about $117 billion since David Joyner became chief executive in October 2024.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.