Wellvana and CVS Health® (NYSE: CVS) announce that Wellvana has acquired the Medicare Shared Savings Program (MSSP) business of CVS Accountable Care™, part of CVS Health, in an all-stock transaction, giving CVS Health a strategic minority investment in Wellvana. With the acquisition, Wellvana cements itself as one of the largest value-based care enablement companies, supporting health care providers in 40 states and serving approximately 1 million Medicare patients. The combined company has delivered hundreds of millions of dollars in savings to the Medicare program over the past decade.
Read the full article: Wellvana Acquires CVS Health’s MSSP Business //
Source: https://www.prnewswire.com/news-releases/wellvana-acquires-cvs-healths-mssp-business-302391716.html