Analysts were generally bullish on CVS’ move to dig into primary care with the Oak Street Health acquisition. Major healthcare players are ramping up investments in value-based care offerings as a strategic play to control more of the healthcare dollar. Analyst Ryan Daniels and colleagues at William Blair wrote Wednesday that the CVS-Oak Street Health deal is “highly strategic” given it would allow Aetna—CVS’s insurance arm—to design novel value-based care Medicare Advantage products in partnership with the primary care clinic operator. Sachin Jain, M.D., CEO of SCAN Health Plan, one of the largest Medicare Advantage plans, cautioned that there are significant challenges with trying to scale value-based care models.
Read the full article: With Oak Street Health Deal, CVS Pushes Healthcare Ambitions as Investment in Value-Based Care Heats Up
Source: https://www.fiercehealthcare.com/providers/oak-street-health-deal-cvs-doubled-down-healthcare-strategy-investment-value-based-care