CVS Health’s acquisition of Oak Street Health, a Medicare-focused primary care provider, for $10.6 billion is just the latest in a string of primary care clinic buyouts by other retailers and insurance companies. Cigna, Walgreens Boots Alliance and Amazon have all been open to the idea of investing in or purchasing primary care clinics.
These moves may help to fix the broken U.S. healthcare system, but their motives are not right and the solutions they offer only temporary fixes. Companies like Amazon, Walgreens, CVS, and others aren’t capable of solving the health care crisis, as they are so closely tied to the fundamentally flawed insurance fee-for-service infrastructure, which I believe has played a significant role in Breaking The health care system should be the first.
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