CVS, ACO REACH and Medicare Contracts

CVS Health Sells Unit That Helps Physicians With Medicare Contracts
CVS Health is selling to Nashville-based Wellvana a business that helps physicians and health systems with certain "va;ue-based" Medicare contracts.
CVS terminates ACO REACH contracts, sells MSSP business to Wellvana
CVS Health is on a mission to cut costs, and the insurer is turning toward its value-based care businesses as a solution, Fierce Healthcare has exclusively learned. | CVS is cutting loose from the ACO REACH value-based care program and is selling its Medicare Shared Savings Program business to Wellvana as the company looks to cut costs where possible.
CVS Health shuts down ACO business line, laying off nearly 200 employees
CVS Health Corp. is discontinuing its Wellesley-based accountable care business, and will lay off 183 employees as it shutters the business line.
Wellvana acquires CVS Health’s MSSP business
With this acquisition, Wellvana supports primary care providers across 40 states, serving approximately 1 million patients.
CVS sells Medicare Shared Savings business to Wellvana
The all-stock deal gives CVS a strategic minority investment in value-based care services firm Wellvana. Shared Savings, or MSSP, is Medicare’s largest value-based care program.
CVS Health sells ACO asset to Wellvana
CVS Health divested its Medicare Shared Savings Program operations as the conglomerate seeks to stabilize its finances.
CVS will lay off nearly 200, mostly remote, workers reporting to Wellesley office
Most of the 183 employees who will be laid off work remotely and live out of state, the company said in a filing with the ...
Why I Took Profits On CVS
CVS sees 23% revenue growth in healthcare benefits & projects 10% EPS in 2025, with Aetna recovery boosting performance.
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Save As You Prep for Warm Weather Travel With CVS
Ad content in partnership with CVS. For people living where the weather is already giving us a glimpse of the warmth to come, ...
Has CVS Health Stock Turned Things Around?
Last year, shares of healthcare company CVS Health ( CVS 1.92%) crashed by more than 43%. The company struggled with rising ...
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Emory Healthcare Network Partnership Builds New Paths to Access
At a time when many retail pharmacies are rethinking their strategies and cutting back on primary care service offerings, ...
“Big Brother” Star Mike 'Boogie' Malin Arrested After Alleged Shoplifting at CVS
Malin was allegedly caught by an employee at the first CVS and returned the item when confronted. He then fled in his vehicle ...
Worried about measles in Texas? What you need to know about getting vaccinated at CVS
As measles spreads across parts of Texas, one pharmacy is offering additional vaccination options. Those interested in an ...
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CVS pharmacy employee busted for stealing opioid pills
CVS higher-ups became suspicious when they took inventory and realized that they were missing hundreds of individual narcotics tablets of varying drug types.