A cvs pharmacy store front with the door ajar.


The giant drugstore chain CVS Health Corp. is nearing an agreement to acquire Oak Street Health Inc., which would rapidly expand the company’s footprint of primary-care doctors.  This deal would balloon  its network of medical facilities specializing in senior health.  The deal is massive at roughly $10.5 billion and could be announced as early as next week.  The transaction would follow CVS’s $8 billion agreement to acquire home-care provider Signify Health Inc.  Oak Street has 160 centers across 21 states, focused on the care of patients enrolled in Medicare.

Recommended Posts