June 21, 2023 6:55 AM EDT
“Health care is broken,” says CVS Health’s chief medical officer Dr. Sree Chaguturu—and his company wants to put it back together. Over the past year, the drugstore chain, led by CEO Karen Lynch, has dropped close to $20 billion on acquisitions of Oak Street Health, a senior-focused primary-care network, and Signify Health, a home-health-care provider.
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