Hospital & Healthcare Management November 26, 2022
Following a flurry of M&A activity over the last two years, Walgreens recently made steps to acquire Summit Health-CityMD and CareCentrix.
Major retailers are expanding their reach further into the care continuum, which has significant consequences for how, where, and by whom care is provided and paid for. To obtain a stronger presence in the healthcare business, CVS, Walgreens, Walmart, and tech giant Amazon are intensifying their focus on offering medical services.
Signify Health, a provider of home healthcare and technology services, was the target of a bidding war won by CVS Health, which intends to pay $8 billion to buy it.
Amazon also intends to pay $3.9 billion to primary care provider One Medical.
Walmart also has healthcare aspirations....
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