CVS eyes next-generation health clinics after Amazon’s move for One Medical

CVS Health Corp. is investing in a young chain of health clinics, and may be looking to acquire another.

CVS CVS,
-0.12%
invested $100 million in a Carbon Health Inc., a San Francisco-based chain of urgent- and primary-care clinics, according to a Monday morning announcement. Just hours later, Bloomberg News reported that CVS was in negotiations to buy Oak Street Health Inc. OSH,
+4.25%,
a decade-old chain of clinics that service Medicare recipients, for more than $10 billion.

Publicly-traded Oak Street ended the day with a market capitalization slightly lower than $5.5 billion. Oak Street shares jumped more than

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Fyh News: Empowering Minority Communities With HealthcareHealth News

Parkinson’s may very well start in the intestine, new evidence suggestsA recent study in mice adds to the evidence suggesting that Parkinson’s illness may very well start within the intestine quite than the mind. AI tech offers back ‘voice’ to woman with post-stroke locked-in syndromeA girl with locked-in syndrome following a brain stem stroke is now able to communicate once more due to a brain implant and digital avatar. Statins could lower danger of experiencing another strokeTaking cholesterol-lowering statins after a ‘bleeding’ stroke could assist decrease the danger for a recurrent stroke, observational information suggests. In many animals, including ants, …

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