CVS reports $2.3B profit in Q4, announces Oak Street Health deal

PBN Staff

02/08/2023

CVS Pharmacy — CVS HEALTH Corp. announced on Wednesday better-than-expected results from the final quarter of 2022 and confirmed its purchase of primary care provider Oak Street Health for approximately $10.6 billion. / GENE J. PUSKAR / ASSOCIATED PRESS

PROVIDENCE – CVS Health Corp. announced on Wednesday better-than-expected results from the final quarter of 2022 and confirmed its purchase of primary care provider Oak Street Health for approximately $10.6 billion. The company's profit surged 77% in the fourth quarter of 2022 to $2.3 billion, and adjusted earnings totaled $1.99 per share compared to a…

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