CVS Health said today it completed the acquisition of Oak Street Health. The acquisition will broaden CVS Health’s value-based primary care platform and significantly benefit patients’ long-term health by improving outcomes and reducing costs – particularly for those in underserved communities, the company said.
On Feb. 8, CVS Health announced it entered into a definitive agreement to acquire Oak Street in an all-cash transaction for $39 per share, representing an enterprise value of approximately $10.6 billion. Oak Street Health will continue to operate as a multi-payor primary care provider as part of CVS Health. Read more.
