Mergers & Acquisitions
Optum says demand for in-home care far exceeds the available supply, presenting an opening in the market.
BJC and Saint Luke's envision becoming the premier Midwest destination for patient care, clinical research and medical education.
While the acquisition is a boon for the new startup, Bright Health hopes the sale will bolster its uncertain financial position.
Its model combined precision patient recruitment from a diverse population and the delivery of hundreds of home clinical trials, the company says.
Oak Street Health will continue to operate as a multi-payer primary care provider as part of CVS Health.
The companies say the affiliation would enable them to broaden the range of health plan and service solutions they offer.
The acquisition strategically aligns CVS to the ongoing trend of home health for an aging population.
New IBM Quantum System One is being touted as the first on-site private sector IBM-managed quantum computer in U.S.
No reason was given for the request of voluntary dismissal.
The transaction is valued at $132 million and is expected to close during the second quarter of this year.