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[3] [4] [5] Oak Street Health is the only primary care provider selected by the AARP. [6] Oak Street Health operates in helping older adults stay healthy by providing preventive care, education and social activities to support overall health well-being. [7] Oak Street Health has raised a total of $105.3M in funding over 4 rounds.
Oak Street aims to improve health outcomes, lower medical costs and deliver a better patient experience with a mix of in-center, in-home and telehealth appointments, as well as a 24/7 patient ...
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On February 8, 2023 CVS Health announced it has entered into a definitive agreement to acquire Oak Street Health in an all-cash transaction at $39 per share, representing an enterprise value of approximately $10.6 billion. [40]
In 2023, CVS made another hugely expensive deal, purchasing Oak Street Health, owner of over 200 centers in 25 states providing care for the elderly, this time laying out $10.5 billion, 30% or $2 billion more than the target’s cap prior to clinching the purchase.
Oak Street Health Inc's shares doubled in their New York Stock Exchange debut on Thursday, after the primary care provider sold shares to investors in its $328 million initial public offering (IPO).
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