6 CVS moves in 6 weeks

Here are six moves by CVS Health and its subsidiaries that Becker's has reported on since May 15:

  1. CVS Health subsidiary Signify Health expanded its footprint outside the United States, opening a two-story, 20,000-square-foot complex in Galway, Ireland.
  2. CVS Health's retail clinic, MinuteClinic, received its sixth consecutive Ambulatory Health Care Accreditation from The Joint Commission. 
  3. Ascension Ventures, part of St. Louis-based Ascension, and CVS Health Ventures participated in a $166 million funding round May 31 for Strive Health, a tech-enabled kidney care provider that focuses on value-based care.
  4. Oak Street Health, a primary care network acquired by CVS Health in May, plans to expand into Arkansas, Iowa, Kansas and Virginia by the end of the year.
  5. CVS Pharmacy agreed to pay $6.15 million to resolve allegations that the company in some instances failed to follow prescription pricing procedures set by Massachusetts' workers' compensation insurance program.
  6. CVS Health is wrapping up its clinical trials unit that launched two years ago to focus on its core business and "long-term strategic priorities."

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