Home Health & Hospice Week
CVS To Spend $8B On Signify Health
CVS Health has agreed to acquire Signify Health for about $8 billion, the companies say in a joint release. “This acquisition will enhance our connection to consumers in the home,” CVS Health’s Karen S. Lynch says in the statement. “Signify Health’s network of clinicians physicians, nurse practitioners and physician assistants utilize home-based visits to identify a patient’s clinical and social needs, and then connect them to appropriate follow-up care and community-based resources in order for the patient to have a more connected, effective care experience,” the release explains. “In 2022, Signify Health’s clinicians expect to connect with nearly 2.5 million unique members in the home, both in-person and virtually, and on average they spend 2.5 times longer with a patient in the home than providers spend in the average primary care office visit,” it adds.
Home Health & Hospice Week
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