Big corporations are scooping up primary care practices to get access to vast numbers of patients while positioning themselves for the shift to value-based care, The New York Times reported May 8.
From extending its partnership with EHR vendor Epic Systems to rolling out new cloud capabilities for payers, tech giant Microsoft is continuing its push into the healthcare industry.
Healthcare disruptors such as Amazon, CVS Health and VillageMD are spending billions to increase their presence in the healthcare space through mergers and acquisitions.
CVS Health said its acquisitions of Oak Street Health and Signify Health add primary care, home-based care and provider enablement capabilities to its portfolio and will significantly advance its value-based care strategy.
CVS Health’s $10.6 billion acquisition of Oak Street Health is a “bellwether” of what’s to come in healthcare as patients demand more convenient access to primary care, health system innovation chiefs told Becker’s.
Medical technology company Masimo did not convince a jury that Apple hired away key executives and stole trade secrets from its company, Fortune reported May 1.