CVS Health (CVS) Acquisition Cures Earnings: Stock Rallies
Schwab Network
English - February 09, 2023 00:22 - 7 minutes - 196 MB - ★★★★★ - 23 ratingsNews Commentary News Business News business news news commentary news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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CVS Health (CVS) is planning on being the epicenter of primary care across a variety of care settings, says Christopher Kersey. He discusses CVS as the stock rallies after earnings. He notes that CVS should become a leader in value-based care, and is already ahead of the curve for primary care spending with its acquisitions. He also talks about how CVS reached a $10.6B deal to acquire Oak Street Health (OSH). He then goes over CVS's position in value-based care. He mentions that CVS's 4Q same-store pharmacy sales are up 9.1%. Tune in to find out more about the stock market today.