( ) -q-22- UNDATED (Correspondent Jeremy House) “65 and older.” CVS Health is plunging deeper into providing primary care with an approximately $10.6 billion deal to acquire Oak Street Health. [CutID: <Cuts> CVS-BUYING-SPREE-house-q-WEDpm.mp3 Time: 22s Title: CVS-BUYING-SPREE-house-q-WEDpm Out-cue: 65 and older] TAG: Correspondent Jeremy House reporting. ——————————— VERBATIM: The drugstore chain and health insurer says […]
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CVS buying spree continues with $10.6B Oak Street deal
( ) -q-22- UNDATED (Correspondent Jeremy House) “65 and older.”
CVS Health is plunging deeper into providing primary care with an approximately $10.6 billion deal to acquire Oak Street Health.
[CutID: <Cuts> CVS-BUYING-SPREE-house-q-WEDpm.mp3
Time: 22s
Title: CVS-BUYING-SPREE-house-q-WEDpm
Out-cue: 65 and older]
TAG: Correspondent Jeremy House reporting.
———————————
VERBATIM: The drugstore chain and health insurer says it will pay $39 per share in cash for each share of Oak Street Health in a deal expected to close this year. Oak Street Health runs primary care centers mostly for lower-to-middle income people with Medicare Advantage plans. Those are privately run versions of the federal government’s program for people aged 65 and older.