CVS Caremark, a pharmacy benefit manager and part of CVS Health, announced it is partnering with drug cost and telehealth company GoodRx to launch Caremark Cost Saver, providing Caremark's members access to GoodRx's lower-cost prescription pricing.
Beginning January 1, 2024, Caremark's members can use their existing benefit card at an in-network pharmacy of their choice to automatically have...
Aetna, the insurer owned by CVS Health, on Thursday announced a value-based care partnership with digital gastrointestinal care startup Oshi Health.
Oshi offers virtual access to a team of providers – including a gastroenterologist, dietitian, behavioral health clinician and a health coach – to patients with digestive concerns like irritable bowel syndrome (IBS), Crohn's Disease and ulcerative...
Sen. Elizabeth Warren (D-Mass.) is urging the Federal Trade Commission to scrutinize CVS Health's planned acquisition of Medicare-focused primary care provider Oak Street Health.
In a letter to FTC Chair Lina Khan and Commissioners Alvaro Bedoya and Rebecca Slaughter, the progressive senator wrote the deal could lower quality of care and hike costs.
She also pointed to other acquisitions – ...
Last month, two large retail and pharmacy companies made big moves in healthcare delivery: Amazon completed its purchase of One Medical, and CVS Health announced plans to buy Oak Street Health.
The deals aren't unexpected, said Christopher Lis, managing director of global healthcare intelligence at J.D. Power. More than 31 million people are now enrolled in Medicare Advantage plans, key...
After weeks of rumors, CVS Health announced plans to acquire Oak Street Health, a primary care provider geared toward the Medicare population, in a deal worth approximately $10.6 billion.
Chicago-based Oak Street Health runs 169 clinics in 21 states, employing about 600 primary care providers. CEO Mike Pykosz will continue to head up the company following the deal's close, which the companies...
CVS Health is reportedly getting close to an agreement to acquire Oak Street Health, a primary care provider geared toward the Medicare population, for about $10.5 billion including debt.
According to reporting by the Wall Street Journal that cites sources familiar with the deal, the companies are considering a price of about $39 per share. The acquisition could be announced this week, pushing...
Carbon Health announced that the hybrid care provider had received $100 million in Series D investment from CVS Health Ventures days after revealing a second round of layoffs in the past year.
On Friday, Carbon Health's CEO Eren Bali revealed on Twitter the company had laid off more than 200 employees as it shifts focus to its core primary care and urgent care services while "unwinding" its...
New Jersey-based virtual psychiatry and therapy platform Array Behavioral Care scored $25 million in its latest funding round led by CVS Health. Additional capital was provided by existing investors.
CVS Health joins Array's earlier investors in supporting the company, including Wells Fargo Strategic Capital, Harbour Point Capital, Health Velocity Capital, OSF Healthcare, HLM Venture Partners and...
Digital diagnostics company ixlayer announced it will produce CVS Health's branded at-home sample collection kits.
Ixlayer's kits can test for Lyme disease, Vitamin D levels, thyroid function and sexually transmitted infections. Users are also provided education and information about what the results mean.
Consumers can now purchase the CVS Health-branded tests online or pick up a test in-store...
