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Tag: Healthcare Provision

CVS eyes next-generation health clinics after Amazon’s move for One Medical
Health

CVS eyes next-generation health clinics after Amazon’s move for One Medical

CVS Health Corp. is investing in a young chain of health clinics, and may be looking to acquire another. CVS CVS, -0.12% invested $100 million in a Carbon Health Inc., a San Francisco-based chain of urgent- and primary-care clinics, according to a Monday morning announcement. Just hours later, Bloomberg News reported that CVS was in negotiations to buy Oak Street Health Inc. OSH, +4.25%, a decade-old chain of clinics that service Medicare recipients, for more than $10 billion. Publicly-traded Oak Street ended the day with a market capitalization slightly lower than $5.5 billion. Oak Street shares jumped more than 35% in after-hours trading, while CVS stock was mostly stable. CVS declined comment on the...
China Is Open Again. 13 Ways to Tap Into Its Recovery Right Now.
Business

China Is Open Again. 13 Ways to Tap Into Its Recovery Right Now.

Chinese stocks look poised to keep bouncing into the Year of the Rabbit. As authorities peel back some of the last Covid restrictions this weekend and policy makers prioritize reviving the world’s second largest economy, Chinese stocks stand to recoup some of the steep losses of the past two years.  On the economic front, more dismal developments are likely forthcoming in the first quarter as Covid cases mount and China grapples with the public-health mess created by its abrupt pivot away from zero-Covid restrictions and the threat of lockdowns. Source link