Walgreens-backed VillageMD snapped up medical practice Summit Health for almost $9 billion earlier this week, with an assist from a big-name minority investor — Evernorth, the health services arm of insurance giant Cigna, which invested $2.5 billion in the combined company. The deal could have major ramifications on Evernorth’s push to value-based care, according to Cigna executives and analysts. Read more.
What’s in it for Evernorth? Cigna’s Health Services Arm Invests $2.5B in VillageMD-Summit
