Becker's Healthcare March 25, 2024
Patsy Newitt

CVS Health is one of the top contenders in the race to acquire physicians.

The company is focusing mainly on primary care. In May, CVS closed on its $11.5 billion acquisition of Chicago-based primary care organization Oak Street Health. By 2026, CVS Health expects to have more than 300 locations.

“Oak Street Health has been the bellwether for innovation in the primary care space,” said Richard Zane, MD, chief innovation officer of Aurora, Colo.-based UCHealth, told Becker’s in May. “A lot to like and emulate about their approach, their financials and, most importantly, their patient outcomes, making them a smart acquisition target and giving CVS Health a great opportunity to move quickly....

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