CVS pays $10.6B for Oak Street Health primary care centers

In its third largest deal in the last decade, the pharmacy chain digs deeper into health care services, after buying Oak Street, which runs clinics that specialize in treating Medicare Advantage patients.

By Michelle F. Davis, Fiona Rutherford & By John Tozzi | February 08, 2023 at 02:15 PM

CVS Health Corp. agreed to buy Oak Street Health Inc. in a $10.6 billion deal that further integrates primary care into the health-care conglomerate, positioning it to take advantage of a shift in how medical care is paid for.

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