The drugstore chain has been expanding into health care.
- CVS Health is plunging deeper into primary care services, buying primary care provider Oak Street Health for approximately $10.6 billion.
With its latest acquisition, CVS Health Corp. aims to capitalize on the federal government’s interest in cutting costs and improving the health of people in its Medicare program. “Solving that problem creates a massive, massive market opportunity for Oak Street Health,” Pykosz said in January at an annual conference hosted by JPMorgan.
CVS Health Corp., based in Woonsocket, Rhode Island, has been expanding the amount of care it provides through its drugstores, and company leaders have been talking for well over a year about adding more primary care as rival health care giants UnitedHealth Group and Walgreens have done. Walgreens and VillageMD are opening next to drugstores primary care centers that also target Medicare Advantage patients. Another insurer, Cigna, also invests in VillageMD.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
WSJ News Exclusive | CVS Nearing $10.5 Billion Deal for Primary-Care Provider Oak Street HealthCVS is nearing a $10.5 billion deal to acquire primary-care provider Oak Street Health, people familiar with the matter say
Leer más »
Oak Street Health shares jump more than 35% on report that CVS is nearing acquisitionOak Street Health Inc. shares jumped more than 35% in late trading Monday, after a report that CVS Health Corp. was nearing a $10.5 billion acquisition of...
Leer más »
CVS nearing $10.5 bln deal for primary-care provider Oak Street Health - WSJCVS Health Corp is close to an agreement to buy primary care center operator Oak Street Health Inc for about $10.5 billion including debt, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Leer más »
A CVS acquisition of Oak Street 'would make sense,' analysts sayCVS Health is reportedly getting close to buying Oak Street Health for $10.5 billion
Leer más »
CVS Reaches $10.6 Billion Deal to Buy Clinic Owner Oak Street HealthCVS, the parent of the national pharmacy chain and Aetna health insurance, has agreed to pay $10.6 billion including debt for Oak Street Health, its doctors, nurse practitioners and health clinics
Leer más »
CVS buying Chicago’s Oak Street Health in deal valued at $10.6 billionCVS Health plans to buy Chicago-based Oak Street Health in a $10.6 billion deal that aims to expand CVS’s reach into primary care.
Leer más »