Becker's Healthcare May 28, 2024
Patsy Newitt

CVS Health is looking for private equity firms to help fund Oak Street Health’s expansion and addition of new clinics, Bloomberg reported May 23.

Here are five things to know:

1. CVS reached out to several firms about a joint venture to add clinic sites, sources told Bloomberg.

2. CVS closed on its $11.5 billion acquisition of the Chicago-based primary care organization Oak Street in May 2023. By 2026, CVS Health expects to have more than 300 locations and has opened 31 new clinics since the acquisition.

3. Oftentimes clinics...

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Topics: ASC, Investments, Mergers & Acquisitions / JV, Primary care, Provider, Trends
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