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CVS Buys Oak Street Health

CVS is spending $10.6 billion to acquire Oak Street Health, which runs clinics that specialize in treating Medicare Advantage patients. "The acquisition comes just three months after a nearly $9-billion investment by rival Walgreens in VillageMD’s acquisition of the urgent and primary care chain Summit Health-CityMD," per The Associated Press. "And that deal was announced two months after CVS said it would spend $8 billion to acquire home health care provider Signify Health."

Read the whole story at The Associated Press »

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