Insider Intelligence August 23, 2022
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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