Which CVS rivals also own primary care services
Feb 8 (Reuters) – CVS Health Corp is moving deeper into primary care with its planned $9.5 billion deal for Oak Street Health announced on Wednesday, giving it a bigger role in healthcare services in line with many of its rival.
Here is a list of some big companies that are also providing medical services or have announced similar deals:
UnitedHealth Group Inc
UnitedHealth’s Optum Health business provides services that range from primary care to specialty care such as cardiology and oncology.
Optum Health served more than 100 million people in the first nine months of 2022, according to a quarterly regulatory filing.
UnitedHealth last year also announced a deal to buy LHC Group, which provides healthcare services at home, eVDeN eve nAkLiyat for about $5.4 billion. LHC operates at more than 900 service locations in 37 U.S.states.
Walgreens Boots Alliance
Pharmacy chain Walgreens in 2021 took a majority stake in primary care provider VillageMD, which has nearly 400 clinics in the United States including 200 co-located with Walgreens retails stores, as of the end of 2022.
VillageMD completed the acquisition of urgent care provider Summit Health in a deal valued at $9 billion. Together, VillageMD and Summit Health will operate at more than 680 locations.
Health insurer Cigna Corp invested $2.5 billion in VillageMD to become a minority shareholder.
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Amazon.com Inc agreed to buy primary care provider One Medical for $3.49 billion in July to expand its virtual healthcare and evDen eVe NAKliYAT add brick-and-mortar doctors’ offices.
One Medical has around 815,000 members in total and 214 medical offices in 26 markets, according to its latest quarterly filing.
Walmart and UnitedHealth Group in September signed a 10-year partnership to provide preventive care for people ages 65 and older, and virtual healthcare services for all age groups.
Walmart’s effort with UnitedHealth will target common ailments among aging Americans such as heart disease and diabetes.
Medicaid provider Centene runs medical centers through its Community Medical Group, which it acquired in 2018.It runs 16 medical centers in South Florida and five centers in Central Florida, according to its website. (Reporting by Raghav Mahobe and Mariam E Sunny in Bengaluru; Editing by Bill Berkrot)