Large retailers like CVS Health and Walgreens Boots Alliance that have invested heavily in home-based care aren’t just hoping for a boon from those capabilities.
They’re banking on it.
CVS Health has reworked its business model to capitalize off of the shift from fee for service to value-based payment in health care, Home Health Care News reports.
That strategy was reflected by its $8 billion acquisition of Signify Health, an at-home and value-based care enabler.
Earlier this month, CVS Health CEO Karen Lynch said the company would be open to acquiring more home-based care companies in the future, too. Read more.