The leaders of CVS Health Corp. say they’ll keep shopping for a primary care business to help them build out their health care delivery portfolio, Healthcare Innovation reports.
Rhode Island-based CVS, which expects to close on its roughly $8 billion acquisition of home health player Signify Health in the first half of next year, has been linked to a number of possible deals recently but nothing has materialized on that front yet. But President and CEO Karen Lynch told analysts after the company reported third-quarter results that the strategy centered on primary services expansion into areas such as care coordination and mental health remains a priority.
“We will continue to evaluate our options on primary care,” Lynch said. “We believe that we need to do M&A and we continue to evaluate those options in the marketplace.” Read more.
