Workweek July 12, 2022
Blake Madden

Several news stories dropped this week related to payors holding talks with publicly traded facility-based primary care platforms.

Shares of One Medical skyrocketed 22% immediately after sources reported that CVS, which has been on the hunt for a primary care deal for some time, was in talks to acquire (paywall – Bloomberg) the embattled primary care player. Apparently One Medical is still weighing potential acquisition offers to this day!

Just a day or two later, Humana was rumored to be eyeing a takeover of Cano Health, somewhat of a peer to One Medical focused on the Medicare Advantage space and primarily located in Florida. I should note that Humana also has the right of first refusal to any potential acquisition of more than 20% of Cano...

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