Biggest healthcare deals from CVS, Amazon and more
CVS Health’s $10.6 billion acquisition of primary care provider Oak Street Health is the latest example of major retailers investing billions of dollars in healthcare to integrate value-based healthcare delivery and expand their presence.
In a statement Wednesday, CVS said it will increase its footprint on Oak Street from its current 169 to 300 by 2026 and save $500 million over the coming years.
Several transactions are pending as the parties seek regulatory approval. Deals range from multiple investment rounds to complete acquisitions. Competition is expected to intensify in the coming years as more retailers try their hand at patient care.
Here are the biggest deals in the last five years.