Oak Street, with a market value of about $5.5 billion, rose as much as 32% in after-hours trading.
CVS, a major drugstore operator, has been expanding more directly into health care via acquisitions, agreeing last year to buy Signify Health Inc., a deal that should close in the first half of 2023.
Oak Street, which went public in 2020, aims to reinvent care for Medicare patients with low incomes and chronic health problems. The company says its high-touch approach — frequent checkups, preventive screenings and meetings with social workers — can reduce patients’ medical costs.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
CVS Health in talks to buy Oak Street Health - Bloomberg NewsCVS Health Corp is exploring an acquisition of primary care center operator Oak Street Health Inc , Bloomberg News reported on Monday citing people familiar with the matter.
Lire la suite »
CVS eyes next-generation health clinics after Amazon's move for One MedicalCVS Health Corp. is investing in a young chain of health clinics, and may be looking to acquire another.
Lire la suite »
Double shooting in West Oak Lane critically injures 1 man, police sayTwo men have been hospitalized, one in critical condition, after a shooting in Philadelphia’s West Oak Lane neighborhood.
Lire la suite »
Q&A: Oak Ridge Boys look back on 'Elvira' and remember fan and friend George H.W. BushThe Oak Ridge Boys have roots in the 1940s, and the current lineup dates back a half...
Lire la suite »
Suspected DUI driver suffers major injuries in Oak Park solo-vehicle crashThe driver was heading west on state Route 94 and taking the Euclid Avenue exit when the vehicle went off the roadway and overturned, the CHP said
Lire la suite »