CVS Health Acquires Signify Health for Approximately $8 Billion

Signify Health Acquires Caravan Health from VSS Capital Partners

March 9, 2022

Healthcare Services

Signify Health has completed the acquisition of Caravan Health from VSS Capital Partners, combining Caravan’s ACO enablement and population health capabilities with Signify’s value-based care platform. The deal was valued at an initial $250 million (approximately $190M cash and $60M stock) plus up to $50M in contingent cash payments, and creates one of the largest national networks of providers engaged in value-based payment models.

Signify Health and Remedy Partners Combine to Create Value-Based Care Platform

August 20, 2019

Healthcare Services

Affiliates of Signify Health and Remedy Partners, both portfolio companies of New Mountain Capital, signed a definitive agreement to merge and create a market-leading value-based care enablement platform. The combined business will unite Signify's national in-home clinician network with Remedy's bundled-payment software and analytics, creating a platform serving payers, providers and life sciences with integrated clinical, behavioral and social data.

CVS Health Acquires Oak Street Health

February 8, 2023

Healthcare Services

CVS Health will acquire Oak Street Health in an all-cash transaction valued at approximately $10.6 billion, paying $39 per share. The deal brings Oak Street's value-based primary care platform and technology into CVS's Health Care Delivery organization to expand CVS's value-based care capabilities and reach among Medicare and underserved populations.

Signify Health Acquires TAVHealth

March 1, 2019

Healthcare Services

Signify Health, a portfolio company of New Mountain Capital, has acquired Triple Aim Ventures (d.b.a. TAVHealth). The acquisition integrates TAVHealth's curated network of community-based organizations and its TAVConnect platform into Signify's technology-enabled in-home care and complex care management services to better identify and manage Social Determinants of Health (SDoH).

Sharecare Acquires Visualize Health

February 24, 2020

Healthcare Services

Sharecare, the digital health company, has acquired Visualize Health, a cloud-based care-gap identification and care coordination technology provider. The acquisition expands Sharecare's population health and medical records management capabilities to better support value-based care for payers and providers; Visualize Health will operate out of Sharecare's Franklin, Tennessee campus. Financial terms were not disclosed.

Signify Health Acquires PatientBlox

November 23, 2020

Healthcare Services

Signify Health has acquired PatientBlox, a technology company that applies distributed ledger (blockchain) technology to healthcare payment administration. The acquisition adds a prospective episodes-of-care payment capability to Signify's value-based care platform to support new prospective payment and bundled-payment programs for payers, providers and employers.