The retail pharmacy giants have made a string of multi-billion dollar deals!
By Staff Reporters
***
***
CVS and Walgreens have been spending money like there is no tomorrow! In fact, the two retail pharmacy giants have made a string of multi-billion dollar acquisitions of primary care providers in the past couple years, including the $5.2 billion VillageMD acquisition in 2021 (Walgreens) and the $10.6 billion plan to buy Oak Street Health (CVS).
VillageMD also bought primary care clinic operator Summit Health-CityMD in January 2023, which Walgreens invested $3.5 billion in, and CVS spent roughly $8 billion to acquire Signify Health, a value-based payment platform, in September 2022.
So what do all these deals have in common? Value-based care.
CITE: https://www.r2library.com/Resource/Title/082610254
***
***
COMMENTS APPRECIATED
Thank You
***
Filed under: "Advisors Only", Accounting, Breaking News, Career Development, Health Economics, Health Insurance, Investing, Risk Management, Taxation | Tagged: CVs, Oak Street Health, Signify Health, value based care, VBC, VillageMD, walgreens |
Leave a Reply