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/2023.02.08
/Which CVS rivals also own primary care services.txt
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 IncUnitedHealth'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, for | |
about $5.4 billion. LHC operates at more than 900 service | |
locations in 37 U.S. states.Walgreens Boots AlliancePharmacy 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.Cigna CorpHealth insurer Cigna Corp invested $2.5 billion in | |
VillageMD to become a minority shareholder.Amazon.com IncAmazon.com Inc agreed to buy primary care provider | |
One Medical for $3.49 billion in July to 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 IncWalmart 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 CorpMedicaid 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) |