Oak Street Health news and trends

CVS Strengthens Healthcare Focus
Earnings // August 02, 2023

CVS Health reported Q2 earnings and revenue surpassing expectations on Wednesday (Aug. 2), driven by its ongoing endeavors to strengthen its presence in the healthcare services sector.  The report comes in the wake of the healthcare corporation’s endeavors to diversify its range of services. Earlier...

CVS Health Says 50 Million Digital Customers Spend 2.4X More Than In-Store Shoppers
Earnings // May 03, 2023

CVS Health is progressing in creating a more robust omnichannel offering, ending the first quarter of 2023 by completing important strategic acquisitions and streamlining its growing ecosystem to better focus on streamlined customer experience across its services. During its first quarter 2023 earnings call on Wednesday (May 3),...

CVS Ramping Healthcare Over Pharmacy After Oak Street and Signify Deals
Earnings // February 08, 2023

Retail is remaking healthcare as CVS Health expands its footprint into the value-based and primary care sectors through acquisitions, as digital efforts also continue to advance. Announcing fourth-quarter 2022 earnings on Wednesday (Feb. 8), CVS President and CEO Karen Lynch was joined by Oak Street...

CVS Deepens Healthcare Roots With $10.6B Oak Street Deal
Acquisitions // February 08, 2023

CVS says it will acquire primary care provider Oak Street Health for $10.6 billion. The pharmacy giant announced the purchase Wednesday (Feb. 8) morning, marking the latest step in CVS’ campaign to expand its primary care offerings. It’s also happening as a number of major...

Quick Reads
Walmart Channels Walgreens With COVID, Flu and Strep Throat Testing in Pharmacies

August 29, 2023
Walmart has launched a new program called Testing and Treatment at its pharmacies in 12 states, according to the retailer Tuesday (Aug. 29). The program allows Walmart pharmacists to test customers for strep throat, the flu and COVID-19 and then provide appropriate treatments. The program is available in Arkansas, Colorado, Florida, Idaho, Iowa, Kansas, Kentucky, Michigan, Minnesota, […]

CVS Deepens Healthcare Roots With $10.6B Oak Street Deal

February 08, 2023
CVS says it will acquire primary care provider Oak Street Health for $10.6 billion. The pharmacy giant announced the purchase Wednesday (Feb. 8) morning, marking the latest step in CVS’...

Report: $10B CVS-Oak Street Health Deal Could Close This Week

February 07, 2023
CVS is reportedly nearing a $10.5 billion deal to acquire Oak Street Health. The purchase could be announced as early as this week, The Wall Street Journal reported Tuesday (Feb....

Report: CVS Considering $10B Purchase of Oak Street Health

January 10, 2023
CVS is reportedly looking to expand its healthcare offerings by purchasing Oak Street Health. The acquisition would value Oak Street at more than $10 billion, Bloomberg News reported late Monday...