Which CVS rivals also own primary care services

Reuters

Which CVS rivals also own primary care services

2023 2월 8, 오후 4:59 GMT

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Feb 8 (Reuters) -CVS Health Corp CVS.N is moving deeper into primary care with its planned $9.5 billion deal for Oak Street Health OSH.N 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 UNH.N 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 LHCG.O, which provides healthcare services at home, for about $5.4 billion. LHC operates at more than 900 service locations in 37 U.S. states.

WalgreensBoots Alliance

Pharmacy chain Walgreens WBA.O 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.

Cigna Corp

Health insurer Cigna Corp CI.N invested $2.5 billion in VillageMD to become a minority shareholder.

Amazon.com Inc

Amazon.com Inc AMZN.O agreed to buy primary care provider One Medical for $3.49 billion in Julyto expand its virtual healthcare and 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 Inc

Walmart WMT.N 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.

Centene Corp

Medicaid provider Centene CNC.N 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

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Which CVS rivals also own primary care services

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