Healthcare DIVE November 20, 2024
Rebecca Pifer

Mike Pykosz is leaving 18 months after he joined CVS with its acquisition of the value-based medical chain. He’s departing amid a flurry of high-level ousters — but isn’t one himself, CVS said.

Dive Brief:

  • Mike Pykosz, the co-founder of Oak Street Health and president of CVS’ healthcare delivery arm, is departing CVS, the retail pharmacy giant announced Wednesday.
  • Pykosz, who is leaving CVS 18 months after joining with its acquisition of the value-based medical chain, will be replaced by Sreekanth Chaguturu, CVS’ current executive vice president and chief medical officer, according to the company’s release.
  • It’s the latest in a flurry of executive changes at CVS, which has had a challenging year amid pressures in its insurance arm...

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