PYMNTS.com August 7, 2022
CVS is reportedly trying to buy healthcare platform Signify Well being, which might permit the pharmacy chain to broaden into house well being providers.
Signify has been exploring “strategic options,” which might embrace a sale, in accordance with a report from the Wall Avenue Journal Sunday (Aug. 7) that cited unnamed sources.
The preliminary bids are coming due quickly, and sources advised the Journal CVS was about to submit one. Nonetheless, CVS may face some competitors from different managed-care suppliers and personal fairness companies, and Signify has not made any choices but.
If CVS did get the acquisition, it might assist the corporate add extra gravitas to its medical service supplier operations — and the corporate stated it desires to have a deal in place…