With Signify and Oak Street, CVS Has ‘Premier’ Assets to Support Value-Based Care, CEO Says
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Pharmacy
How CVS Evolved from Retail Pharmacy into Health Care Behemoth
CVS Health Corporation (CVS) has emerged as a pioneer in the pharmaceutical industry in the 21st century. With roughly 85% of Americans living within five miles of a CVS pharmacy, the company is the most profitable retail pharmacy in the U.S. While Rite Aid has a net worth of roughly $200 million and Walgreens is
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How CVS Evolved from Retail Pharmacy into Health Care Behemoth
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UpHealth Sells off Pharmacy Business to Double Down on Behavioral Health, Integrated Care
UpHealth (NYSE: UPH) recently announced the sale of its pharmacy business in order to fuel its behavioral health and integrated care programs. The Delray Beach, Florida-based company plans to sell its pharmacy assets, Innovation Group Inc (IGI), to Belmar Pharma Solutions for roughly $56 million. The new funds are expected to help the company focus
Tabula Rasa HealthCare Completes the Sale of SinfoníaRx and DoseMeRx
Tabula Rasa HealthCare, Inc.® (NASDAQ: TRHC), a leading healthcare technology company advancing the safe use of medications, today announced that it completed the sale of its SinfoníaRx business to Cureatr, following the sale of its DoseMeRx business to an affiliate of Fairlong Capital LLC earlier this year. The combined proceeds are $11 million. TRHC completed
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Tabula Rasa HealthCare Completes the Sale of SinfoníaRx and DoseMeRx
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Contextualizing CVS’s Acquisition of Oak Street Health
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Contextualizing CVS’s Acquisition of Oak Street Health
It is widely understood in the care delivery business that primary care is a loss leader. However, companies like CVS, Amazon and Optum have the pharmacy distribution, scale and consumer loyalty to absorb the financial losses associated with primary care. Nationally, about 66% of American adults have a chronic condition, while 96% of Oak Street
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Avita Expands in Texas, Acquiring Three San Antonio Specialty Pharmacies
Avita Care Solutions, a national health care services organization committed to providing comprehensive, compassionate, and inclusive health care solutions to underserved communities, has acquired three San Antonio, Texas-based specialty pharmacies. While Avita has proudly served patients in the San Antonio area for more than 10 years, the purchase of Lifecare Pharmacy’s Laurel Heights, Pavilion, and
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