CVS Health to Acquire Signify Health

CVS Health to Acquire Oak Street Health for $10.6 Billion

February 8, 2023

Healthcare Services

CVS Health and Oak Street Health have entered into a definitive agreement under which CVS Health will acquire Oak Street Health in an all-cash transaction valued at approximately $10.6 billion ($39 per share). The deal is subject to approval by Oak Street Health stockholders, regulatory approvals, and customary closing conditions, with CVS anticipating closing in 2023.

Signify Health Acquires Caravan Health

March 9, 2022

Healthcare Services

VSS Capital Partners sold its interest in Caravan Health, a population health and value-based payment platform for accountable care organizations, to Signify Health. Signify Health completed the acquisition in March 2022 (agreement announced Feb. 10, 2022) to combine capabilities and accelerate adoption of advanced alternative payment models.

WellSky Acquires Healthify

July 29, 2021

Healthcare Services

WellSky, a health and community care technology company, announced a definitive agreement to acquire Healthify, a social determinants of health (SDoH) referral and care-coordination platform. The acquisition will integrate Healthify’s interoperable closed‑loop referral technology and community-based organization network into WellSky’s portfolio to expand SDoH and care coordination capabilities; the deal was expected to close in Q3 2021.

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 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.

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).