Healthcare Innovation March 7, 2025
CVS says it remains committed to value-based care and is advancing efforts through Oak Street Health and MinuteClinic
Nashville-based Wellvana has acquired the Medicare Shared Savings Program (MSSP) business of CVS Accountable Care, part of CVS Health, in an all-stock transaction, giving CVS Health a strategic minority investment in Wellvana.
In addition, Fierce Healthcare reports that CVS Health is shutting down its ACO REACH business, impacting 183 employees nationwide.
With the acquisition, Wellvana says it becomes one of the largest value-based care enablement companies, supporting providers in 40 states and serving approximately 1 million Medicare patients.
“Primary care is the engine that reduces cost while improving the health of our communities, and we’re on a mission to make...