Becker's Healthcare March 5, 2025
CVS Health has sold its Medicare share savings program business to Wellvana.
The acquisition is an all-stock transaction, giving CVS Health a minority stake in Wellvana, according to a March 4 news release. Details of the deal were not disclosed.
Nashville, Tenn.-based Wellvana provides administrative services for providers participating in CMS Medicare shared savings and accountable care organization realizing equity, access and community health, or ACO REACH, programs. With the acquisition of CVS Health’s shared savings business, the company has providers in 40 states serving around 1 million Medicare beneficiaries, according to the release.
Under the Medicare shared savings and ACO REACH programs, providers take on financial risk for care for traditional Medicare beneficiaries.
CVS Health...
Today's Sponsors
Today's Sponsor