• <a fr-original-style="" href="https://www.cnbc.com/2023/02/08/cvs-health-to-buy-oak-street-health-for-9point5-billion.html" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">CVS Health</a> said Wednesday it agreed to buy Oak Street Health for about $9.5 billion in cash, joining rivals in adding primary care to its portfolio as pressure mounts on its health insurance business. Oak Street is losing money and is not expected to contribute to CVS earnings for years, but analysts said the deal is strategically sound and shares of the multi-business company were up 4.5%.<img src="https://images.aposto.com/2023/1/3/1675884160296.png" style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px; border-style: none; position: relative; cursor: pointer; padding: 0px 1px; box-sizing: border-box;" ratio="1.51" width="550" alt="CVS" fr-original-style="display: block; float: none; vertical-align: top; margin: 5px auto; text-align: center; width: 100%; max-width: 550px;" fr-original-class="fr-draggable">via Forbes<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Zoom out: The deal —CVS' third largest in the last decade— comes months after rival <a fr-original-style="" href="https://www.forbes.com/sites/brucejapsen/2023/02/08/cvs-health-bids-106-billion-for-oak-street-health-countering-walgreens-doctor-clinic-push/?sh=4f3f806b36df" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Walgreens increased</a> its already sizable investment into VillageMD, another national developer of doctor-staffed clinics, as a focus on primary and urgent care delivery has increased since the COVID-19 pandemic.</li></ul>

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