Healthcare Innovation May 4, 2022
Valuation expectations need to fall into line, said CFO Shawn Guertin, who remains optimistic the company can strike a deal this year.
The leaders of CVS Health Corp. are still scouring the market for a primary care platform to buy and help fuel their growth plans but said May 4 that companies they’re talking to aren’t yet in the same ballpark when it comes to the prices Rhode Island-based CVS is looking to pay.
CVS CFO Shawn Guertin late last year told analysts and investors that the company’s core growth scenario in primary care includes having a network of between 250 and 350 owned and/or enabled care centers by 2024. Starting down the path in 2022 toward that broad goal...
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