Becker's Healthcare November 8, 2023
CVS Health CEO Karen Lynch said she was “sold immediately” on Oak Street Health, as the primary care provider’s use of technology, data and its value-based care model impressed her, Crain’s Chicago Business reported Nov. 7.
Ms. Lynch said at the Executives’ Club of Chicago that the catalyst behind acquiring Oak Street was that CVS was interested in providing care beyond what the conventional retail pharmacy model can offer.
She said that as patients’ preferences evolve with age, there will be a growing demand for advanced care.
“We decided that we really wanted to move into being a broader health solutions company,” Ms....