Wellvana Acquires CVS Health's MSSP Business

Revere Medical to Acquire CareMax's Medicare MSSP MSO

November 18, 2024

Healthcare Services

Revere Medical, a Kinderhook-backed employed medical group, has agreed to acquire the Medicare Shared Savings Program portion of CareMax's Management Services Organization (MSO), which supports care for approximately 80,000 Medicare beneficiaries. The transaction, part of CareMax's prearranged Chapter 11 process and subject to court and regulatory approvals, is expected to close in Q1 2025 and will expand Revere Medical's value‑based care capabilities.

CVS Health Acquires Hella+Health

May 6, 2024

Healthcare Services

CVS Health has acquired Hella+Health, a New York City–based Medicare Advantage broker that helps Medicare-eligible consumers shop for and enroll in plans through its licensed agency Audomo Insurance Services LLC. The small, nationwide broker — whose founder Rafal Walkiewicz posted the news on LinkedIn — will join CVS as the company works to address near-term Medicare Advantage challenges and expand its consumer enrollment and brokerage capabilities.

CareMax Acquires Steward Health Care's Medicare Value-Based Care Business

November 11, 2022

Healthcare Services

CareMax, Inc. completed the acquisition of the Medicare value-based care business of Steward Health Care System, including a Direct Contracting Entity and two MSSP ACOs. The deal expands CareMax's network to ~2,000 providers and over 200,000 senior value-based care patients across 10 states (30 markets) and establishes CareMax as a leading independent senior-focused value-based care platform.

Millennium Trust Acquires PayFlex from CVS Health

June 1, 2022

Insurance

Millennium Trust Company, LLC has acquired PayFlex Holdings, Inc. from CVS Health, adding health savings accounts (HSAs) and other consumer-directed benefits administration capabilities to its retirement and custody platform. The deal expands Millennium Trust's combined reach to roughly five million individual accounts and $47 billion in assets under administration and includes a long-term commercial relationship keeping PayFlex as a preferred provider for Aetna.

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.

EVERSANA Merges with Waltz Health

August 26, 2025

Healthcare Services

EVERSANA announced a merger with Waltz Health to combine EVERSANA’s end-to-end pharmaceutical commercialization services with Waltz’s AI-driven prescription routing and payer-facing marketplace technology. Mark Thierer, co-founder and CEO of Waltz Health, will serve as CEO of the combined organization as the companies integrate capabilities to improve drug affordability, payer connectivity and patient access for specialty and high-cost therapies.