CVS Health® (NYSE: CVS) and Oak Street Health (NYSE: OSH) have entered into a definitive agreement under which CVS Health will acquire Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value of approximately $10.6 billion. Oak Street Health is a leading multi-payor, value-based primary care company helping older adults stay healthy and live life more fully. Oak Street Health employs approximately 600 primary care providers and has 169 medical centers across 21 states. Oak Street Health is differentiated by its leading technology solution, Canopy, which is fully integrated with Oak Street Health’s operations and utilized when determining the appropriate type and level of care for each patient.
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Source: https://www.prnewswire.com/news-releases/cvs-health-to-acquire-oak-street-health-301741576.html