Category: Disruptors

'A waste of $10B': Health system CIOs on CVS' Oak Street acquisition

On Feb. 8, CVS Health entered into an agreement to purchase primary care company Oak Street Health in an all-cash deal worth $10.6 billion, but some hospital and health system CIOs say this deal isn’t transformative as it isn’t big enough to “rattle” t…

CVS to issue bonds to fund $8B Signify Health acquisition; deal expected to close in Q2

CVS plans to issue bonds to help finance its planned $8 billion acquisition of home health company Signify Health, Seeking Alpha reported.

Hospitals must partner with retail disruptors like Amazon and CVS, AHA says

To compete with healthcare disruptors like Amazon and CVS, hospitals must partner with them and other Big Tech companies and boost convenience, access and virtual care, the American Hospital Association said in a Feb. 9 report.

Former hospital exec named national medical director at VillageMD

Former health system executive Bryan Becker, MD, has been named national medical director of VillageMD for the Texas region.

Optum vs. CVS Health after the $10.6B Oak Street deal

CVS Health plans to acquire Oak Street Health in a $10.6 billion deal, which will likely close later this year.

GE HealthCare set to acquire AI imaging company

GE HealthCare has entered into an agreement to acquire Caption Health, an artificial intelligence disease detection and ultrasound scanning company.

Google in the headlines: 5 recent healthcare moves

From growing its insurance business neary sixfold to launching an open-sourced large language model that exclusively addresses medical query, here are five healthcare moves from Google as reported by Becker’s Hospital Review since Jan. 5:

Alphabet VC arm GV invests $28.1M in mental health startup Firsthand

GV, the venture capital arm of Google parent company Alphabet, has invested $28.1 million in mental health startup Firsthand, Behavioral Health Business reported.

Grocery giant Albertsons debuts digital health platform

Grocery store chain Albertsons has launched a digital health platform that allows users to track and improve their well-being and connect to telehealth services.

CVS Health zeroing in on $10.5M deal for Oak Street Health

CVS Health is nearing a deal to purchase Chicago-based Oak Street Health, a primary care network with more than 160 clinics in 21 states, according to The Wall Street Journal.