Browsing Tag
Oak Street Health
2 posts
CVS Health to split into two as shares plunge 12.5% despite profit growth
CVS Health Corporation plans to separate its retail pharmacy business from its insurance, pharmacy benefit management and healthcare services operations by the first half of 2028. The announcement coincided with stronger quarterly earnings and higher guidance, yet a sharp share-price decline exposed doubts about whether dismantling the integrated structure will deliver greater shareholder value.
CVS Health to acquire health care platform Oak Street Health for $10.6bn
American health solutions company CVS Health will acquire Oak Street Health in an all-cash transaction valued at around…