Home Health Care News September 12, 2023
CVS Health (NYSE: CVS) believes that its home-based care and primary care capabilities will unlock value and create long-term earnings power for the company.
Karen Lynch – CVS Health’s CEO – outlined that vision at the Morgan Stanley’s 21st Global Healthcare Conference Tuesday.
“As we step back and as we looked at all of our businesses, what we said was we needed to extend into other areas for growth,” Lynch said. “And we said we needed to build out national provider capabilities either through primary care or in the home.”
The company has done so in both areas, through its $8 billion purchase of the at-home and value-based care enabler Signify Health and its $10 billion purchase of the primary...