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Primary care a hot target; CVS spends $10 6 billion on Oak Street | Chattanooga Times Free Press

Big money is pouring into primary care clinics as the nation s health care giants hunt for ways to cut costs by keeping people healthy.

Rhode islandUnited statesMichael pykoszDavid larsenKaren lynchHealth corpChicago health incSummit healthUnitedhealth groupOak street healthMedicare advantageOak streetChicago based oak street health

CVS Health acquires care provider

CVS Health is plunging deeper into primary care services, buying primary care provider Oak Street Health for about $10.6 billion.

Michael pykoszDavid larsenKaren lynchCvs healthSummit healthUnitedhealth groupOak street healthOak streetMedicare advantageOne medical

CVS spends $10 6 billion to buy Oak Street Health - Lewiston Sun Journal

The rapid expansion in value-based care is an approach to medicine that is growing popular with bill payers like Medicare.

Rhode islandUnited statesMichael pykoszDavid larsenKaren lynchHealth corpA press heraldChicago health incSummit healthUnitedhealth groupOak street healthMedicare advantageOak streetChicago based oak street healthPress herald

Primary Care a Hot Target; CVS Spends $10 6B on Oak Street

The acquisition comes just three months after a nearly $9-billion investment by rival Walgreens in VillageMD s acquisition of the urgent and primary care chain Summit Health-CityMD.

Rhode islandUnited statesMichael pykoszDavid larsenKaren lynchHealth corpChicago health incAssociated pressSummit healthUnitedhealth groupOak street healthMedicare advantageOak streetChicago based oak street health

CVS buys Chicago-based Oak Street Health for $10 6B

Oak Street Health runs primary care centers mostly for lower-to-middle income people with Medicare Advantage plans.

Rhode islandUnited statesMichael pykoszDavid larsenKaren lynchHealth corpCvs healthSummit healthUnitedhealth groupOak street healthOak streetMedicare advantageOne medical

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