Cigna Corp.’s $54 billion deal for Express Scripts Holding Co. is the latest sign that health care’s biggest players believe they can no longer go it alone, and they must branch into other businesses to forge integrated products aimed at curbing costs.
The acquisition sets up the combined company, which would bring together Cigna’s insurance assets with Express Scripts’ pharmacy-benefit management, to better compete with peers such as UnitedHealth Group Inc. and CVS Health Corp. that already moved toward vertical combination,…
Article source: https://www.wsj.com/articles/cigna-deal-shows-being-a-health-insurer-isnt-enough-anymore-1520551464