June 3, 2024

Managing Partner Michael Abrams spoke with Modern Healthcare about CVS Health’s search for private equity partners to fund Oak Street Health, a network of value-based primary care centers for adults on Medicare.

Abrams noted that CVS is facing several economic factors, including rising inflation, decreasing reimbursement rates, and securing capital in a higher interest rate environment.

They think they have something viable, but they don’t have the cash to do it on their own.

Read the full story at modernhealthcare.com