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CVS

TSX:CVSLive AI agent

CVS Health is building a world of health around every consumer, delivering high-quality, affordable health care when and how individuals choose.

Investor website: https://cvshealth.com/

About

CVS Health is building a world of health around every consumer, delivering high-quality, affordable health care when and how individuals choose. The company aims to improve health and well-being through superior and connected experiences while lowering the cost of care. As a leading health solutions company, CVS Health offers multiple channels for accessing health care locally and nationally, engaging with over 100 million people. Their diverse team of more than 300,000 colleagues focuses on simplifying health care and enhancing the health of every person, family, and community they serve. CVS Health is committed to diversity, equity, and inclusion, and collaborates with policymakers to improve access to care and address health disparities.

Verified company data

Cash position
$11,329 million
Shares outstanding
1,264
Projects
["CVS Health® (NYSE: CVS) today announced it has completed its acquisition of Oak Street Health. The acquisition will broaden CVS Health’s value-based primary care platform and significantly benefit patients’ long-term health by improving outcomes and reducing costs – particularly for those in underserved communities. On February 8, 2023, CVS Health announced it entered into a definitive agreement to acquire Oak Street Health in an all-cash transaction for $39 per share, representing an enterprise value of approximately $10.6 billion. The company financed the transaction with borrowings of $5.0 billion from a term loan agreement entered into on May 1, 2023, and existing cash and available resources. CVS Health is committed to maintaining its current credit ratings. Oak Street Health will continue to operate as a multi-payor primary care provider as part of CVS Health."]
Leadership
David Joyner (Chairman and CEO, David Joyner serves as Chairman and CEO of CVS Health®, leading over 300,000 colleagues to simplify health care for nearly 185 million people. He has four decades of experience in health care and pharmacy benefit management.), Len Shankman (Executive Vice President and President, Pharmacy Services, Len Shankman oversees CVS Caremark and CVS Specialty Pharmacy, serving over 88 million members. He joined CVS Health in 2002 and has held various leadership roles, including in finance and specialty pharmacy.), not discovered

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