Healthcare Innovation September 18, 2023
CEO Karen Lynch says the company’s leaders are “starting to see overall execution” from their work on Signify Health and Oak Street Health
After the big splashes must come the big synergies.
The leaders of CVS Health Corp. last week told analysts and investors that, on the heels of their purchases this spring of home health venture Signify Health and clinic operator Oak Street Health for a combined $17 billion, the idea of more big acquisitions has moved to the backburner in favor of the blocking and tackling needed to get their new holdings to gel with each other and other entities under CVS’ umbrella.
“More M&A in the near term is certainly not the priority,” CFO Shawn Guertin told...
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