HealthNEWS

Why UnitedHealth and Amazon are battling for Signify Health

Insider Intelligence August 23, 2022
Erum Ahmed

The information: Amazon and UnitedHealth Group (UHG) submitted bids to accumulate value-based care and residential well being firm Signify Well being, per Bloomberg.

Healthcare giants are circling: Retailers like CVS Well being have additionally pursued Signify Well being to spice up their digital well being methods. 

Throughout CVS Well being’s newest earnings name, CEO Karen Lynch stated M&As will advance the corporate’s major care attain.

  • Final month, CVS reportedly approached major care disruptor One Medical for a sale. A deal by no means materialized, although, and Amazon later swooped in and purchased One Medical for practically $4 billion.
  • Now, CVS Well being might be left on the altar once more as UHG and Amazon go toe-to-toe for Signify. UHG reportedly submitted the best bid at greater than $30 per share, per Bloomberg.

What an acquisition might imply for UHG: Signify Well being might widen…

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2022-08-23T15:23:49-04:00

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