August 8, 2022
  • CVS is reportedly considering a potential deal to buy Signify Health as the retailer looks to become a bigger provider of in-home health services. According to the Wall Street Journal, CVS is planning to submit an initial bid this week. People familiar with the matter said that others are in the mix, and that CVS could face competition from other managed-care providers and private-equity firms. Signify has a platform that uses technology and analytics to support home health care providers. In July, the company announced that it was exiting the bundled health insurance payments business and planned to concentrate on home health. (Article here)