CVS Health will buy Oak Street Health for about $9.5 billion in cash, joining rivals in adding primary care to its portfolio as pressure mounts on its health insurance business.
CVS Health Corp (NYSE:CVS) which has reportedly been in the market for a medical services acquisition since last year, agreed to snap up Oak Street Health.
CVS Health Corp will buy Oak Street Health Inc for about $9.5 billion in cash, joining rivals in adding primary care to its portfolio as pressure mounts on its health insurance business.