Fierce Healthcare June 5, 2023
Healthcare mergers and acquisitions are in no short supply as providers, health tech companies, payers and other industry players look to expand their businesses and gain a competitive edge. Here’s a roundup of new deals that were revealed, closed, rumored or called off during the month of May.
Providers
CVS Health tied a bow on its deal to acquire Oak Street Health, picking up about 169 medical centers in 21 states for $10.6 billion. The pickup, first announced in February, will broaden CVS Health’s value-based primary care platform and significantly benefit patients’ long-term health by improving outcomes and reducing costs—particularly for those in underserved communities. Oak Street Health will continue to operate as a multipayer primary care provider as...
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