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February 09, 2023 11:15 AM

How Amazon, CVS and others have grown into healthcare powerhouses

Caroline Hudson
Tim Broderick
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    Bloomberg

    CVS Health's deal to acquire primary care provider Oak Street Health for $10.6 billion is the latest example of big retailers pouring billions of dollars into healthcare services to integrate value-based care delivery and to grow their respective footprints. 

    In its announcement Wednesday, CVS said it would grow Oak Street's footprint from the current 169 locations to 300 by 2026 and create $500 million in savings in the coming years.

    Several of the transactions are pending as parties seek regulatory approval. Deals range from multiple investment rounds to full acquisitions. Competition is expected to heat up in the coming years as more retailers try their hand at patient care.

    Here's a look at the biggest deals in the last five years. 

    Related Article
    CVS Health in deal to buy Oak Street Health for $10.6 billion
    Walgreens' VillageMD to buy Summit Health-CityMD in $8.9B deal
    VillageMD CEO outlines future after Summit Health-CityMD deal
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    • News
      • Current News
      • Providers
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      • Government
      • Finance
      • Technology
      • Safety & Quality
      • Transformation
        • Patients
        • Operations
        • Care Delivery
        • Payment
      • People
      • Regional News
        • Midwest
        • Northeast
        • South
        • West
      • Digital Edition (Web Version)
    • Unwell in America
    • Opinion
      • Bold Moves
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      • Letters
      • Vital Signs Blog
      • From the Editor
    • Events & Awards
      • Awards
        • Nominate/Eligibility
        • 100 Most Influential People
        • 50 Most Influential Clinical Executives
        • Best Places to Work in Healthcare
        • Excellence in Governance
        • Health Care Hall of Fame
        • Healthcare Marketing Impact Awards
        • Top 25 Emerging Leaders
        • Top 25 Innovators
        • Diversity in Healthcare
          • - Luminaries
          • - Top 25 Diversity Leaders
          • - Leaders to Watch
        • Women in Healthcare
          • - Luminaries
          • - Top 25 Women Leaders
          • - Women to Watch
      • Conferences
        • Digital Health Transformation Summit
        • ESG: The Implementation Imperative Summit
        • Leadership Symposium
        • Social Determinants of Health Symposium
        • Women Leaders in Healthcare Conference
      • Galas
        • Best Places to Work Awards Gala
        • Health Care Hall of Fame Gala
        • Top 25 Diversity Leaders Gala
        • Top 25 Women Leaders Gala
      • Virtual Briefings
        • - Hospital of the Future
        • - Value Based Care
        • - Hospital at Home
        • - Workplace of the Future
        • - Digital Health
        • - Future of Staffing
        • - Hospital of the Future (Fall)
      • Webinars
    • Multimedia
      • Podcast - Beyond the Byline
      • Sponsored Podcast - Healthcare Insider
      • Video Series - The Check Up
      • Sponsored Video Series - One on One
    • Data Center
      • Data Center Home
      • Hospital Financials
      • Staffing & Compensation
      • Quality & Safety
      • Mergers & Acquisitions
      • Data Archive
      • Resource Guide: By the Numbers
      • Surveys
      • Data Points
    • MORE+
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