CVS Posts Loss on Write-Down, Boosts Guidance
Update: 2025-10-29
Description
CVS Health raises its guidance for the year, thanks to strong Aetna insurance performance, despite a net loss due to a significant write-down in its senior clinics business. The company plans to shut down 16 clinics and pause new openings, citing higher medical costs and new Medicare rules. This move highlights the need for flexibility in the healthcare industry, as companies must adapt to changing market conditions and regulations. Investors await more details in December on CVS's growth plans.
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