March 28, 2023
M&A | Tea Leaves
  • CVS Health is set to close its major acquisition of health services company Signify Health this week in adeal valued at $8 billion. The acquisition will help advance the health giant’s push into value-based care. It is the latest bid by CVS to get further into health care services. CVS noted that Signify Health will still be a payer-agnostic business but be part of CVS. The company beat out several other competitors, such as Amazon. (Articles here and here)