Omnicare is a healthcare company that is owned by CVS. Omnicare has a long history of providing healthcare services to patients in the United States.
Omnicare is one of the largest healthcare providers in the United States, with over $67 billion in revenue in 2016.
In 2017, Omnicare announced that it would be selling its pharmacy benefit management (PBM) business to Aetna. This move would create a new healthcare provider with over $200 billion in revenue.
This acquisition was controversial, as it would give Aetna control over the prices that pharmacies could charge for prescription medications.
However, in March of 2018, Omnicare and Aetna announced that they had reached an agreement that would keep the PBM business within Omnicare. This agreement is a significant victory for consumers, as it will prevent Aetna from using its monopoly power to increase the prices that pharmacies can charge for prescription medications.
Overall, it is difficult to say whether or not Omnicare is owned by CVS. However, the company’s history of providing healthcare services to patients in the United States and its recent agreement with Aetna suggest that it is still a significant player in the healthcare industry.
