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One word kept popping up in CVS Health's first earnings after its $70 billion Aetna takeover, and it signals a turbulent year for the healthcare giant

27 days ago   |   By Business Insider

CVS Health reported its first earnings since closing its merger with health insurer Aetna.
The pharmacy giant said its profit this year will be a lot lower than Wall Street expected, sending its stock plunging .
In a call with analysts, CVS mentioned "headwinds" 10 times. Among the challenges CVS is facing: drug-pricing scrutiny and a deteriorating long-term-care pharmacy business.
CVS Health Chief Executive Officer Larry Merlo said the company has a strategy to confront the challenges, and called 2019 "a bridge to the future."
CVS Health is making a big bet that it can reshape the way the...
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