Employee Benefit News May 22, 2023
The single point of failure in healthcare is primary care, which is why there’s a mad dash to acquire this valuable — and highly undervalued — resource.
Just as Amazon closed a deal to acquire One Medical, CVS announced its intention to acquire Oak Street Health, and then spent another $8 billion on Signify Health. UnitedHealth Group seemingly buys a different physician group every other month. It’s the civilian equivalent of a nuclear arms race — an analogy that I can’t help but use after having spent 22 years in the Marine Corps Reserve, the latter part of which was working in civil affairs.
Please indulge me as I expand further on this comparison to make an important point...