CVS and Oak Street Health leadership on Wednesday pitched their $10.6 billion combination by announcing that the two would create the “premier multi-payer Medicare value-based care platform,” after unveiling the buy earlier in the morning in tandem with CVS’ fourth-quarter earnings. Tying Oak Street, which operates value-based primary care clinics for seniors, with CVS assets like MinuteClinics, its nurse practitioner workforce, pharmacies and homecare will result in greater care access while also accelerating Oak Street patient growth through CVS channels, CFO Shawn Guertin said on a call with investors.
Read the full article: CVS, Oak Street Stump for $10.6B Combination by Outlining Plans for Growth
Source: https://www.healthcaredive.com/news/cvs-oak-street-stump-for-106b-combination-growth-plans/642266