Aetna realigned its business segments ahead of its planned $69 billion acquisition by CVS.
Here are six insights.
1. Aetna is breaking its business down into a healthcare segment and a corporate/other segment, effective the first quarter of 2018.
2. The healthcare category will include health insurance products and related services, emerging business products and services related to Aetna's medical products. The corporate/other category will be comprised of discontinued products, divested contracts and corporate expenses not supporting the company's business operations.
3. The company realigned its business segments to correspond with changes to its management structure and internal management reporting.
4. Aetna restated previous financial statements to reflect the changes in an April 17 announcement.
5. When Aetna releases its first-quarter earnings May 1, it will report financials in accordance with the new alignment.
6. Aetna won't host a conference call for its earnings release due to the pending transaction with CVS.