CVS to Buy Signify Health in $8 Billion Deal

CVS to Buy Signify Health in $8 Billion Deal
CVS Health logo in a photo illustration taken on May 3, 2022. Dado Ruvic/Illustration/Reuters
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NEW YORK—CVS Health Corp. on Monday agreed to buy home healthcare services company Signify Health for about $8 billion in cash, a move that will enable one of the largest U.S. healthcare companies to provide further care management to patients in their homes.

Health care companies like CVS have been expanding beyond managing health and pharmacy benefits with acquisitions of doctors groups and surgical centers in recent years.