<div>
  <ul>
    <li>
      <p>
        Colorado-based kidney care management startup Strive Health has raised USD 166 million in a Series C funding round led by NEA and CVS Health Ventures, with participation from CapitalG (Alphabet), Echo Ventures, Town Hall Ventures, Ascension Ventures, and Redpoint. This brings the total funds raised to USD 386 million.
      </p>
    </li>
    <li>
      <p>
        The funds will be used to expand partnerships with payors, health systems, and physicians, as well as to grow and scale the business in new markets.&nbsp;
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.businesswire.com/news/home/20230531005005/en/Strive-Health-Raises-166-Million-in-Series-C-Funding-from-NEA-CVS-Health-Ventures-and-Others">
      Company press release
    </a>
  </p>
  <p>
    <a href="https://www.finsmes.com/2023/05/strive-health-raises-166m-in-series-c-funding.html">
      FinSMEs
    </a>
  </p>
  <p>
    <a href="https://techcrunch.com/2023/05/31/strive-health-166m-kidney-care-healthcare/">
      TechCrunch
    </a>
  </p>
  <p>
    <a href="https://medcitynews.com/2023/05/funding-financing-kidney-disease/">
      Med City&nbsp;
    </a>
  </p>
  <p>
    <a href="https://hitconsultant.net/2023/05/31/strive-health-value-based-kidney-care-platform-funding/">
      HIT Consultant
    </a>
  </p>
  <p>
    <a href="https://www.fiercehealthcare.com/health-tech/value-based-kidney-care-scores-win-strive-health-grabs-166m-cvs-health-ventures-nea">
      Fierce Healthcare
    </a>
  </p>
  <p>
  </p>
</div>


Preventive Healthcare

Strive Health raises USD 166 million in Series C funding

CVS completes Oak Street Health acquisition

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<div>
 <p>CVS, a drugstore giant, has entered into a definitive agreement to buy primary care provider, Oak Street, in a cash deal worth USD 10.6 billion, equating to USD 39 per share. The acquisition, initially reported by Bloomberg and the Wall Street Journal, will be financed from CVS's existing resources and financing capacity. The deal is anticipated to finalize in 2023, awaiting approval.&nbsp;</p>
 <p>The acquisition will enable CVS Health to extend its portfolio to include a value-driven primary care platform, and it forecasts an expansion of its adjusted operating profit by 200bps in the future. Upon the deal's closure, Oak Street Health will be incorporated into CVS Health’s Health Care Delivery company and maintain regular operations under the current CEO, Mike Pykosz.&nbsp;</p>
 <p>Future plans comprise Oak Street Health operating over 300 medical centers (up from the current 169) by 2026, which will contribute USD 7 million to its adjusted EBITDA upon maturity and realize a synergy saving of over USD 500 million over an unspecified period. Post-acquisition, CVS predicts its adjusted EPS will range between USD 8.7–8.9 in 2023, USD 9.0 in 2024, and reach USD 10.0 in 2025.</p>
 
</div>

CVS confirms acquisition of Oak Street Health for USD 10.6 billion to expand its primary care services

CVS to acquire Oak Street Health to expand its primary care services

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All Updates

Strive Health raises USD 166 million in Series C funding

CVS completes Oak Street Health acquisition

CVS Health set to complete acquisition of Signify Health this week

CVS Health set to complete acquisition of Signify Health this week

CVS confirms acquisition of Oak Street Health for USD 10.6 billion to expand its primary care services

CVS to acquire Oak Street Health to expand its primary care services

CVS makes its virtual primary care platform available to Aetna members

Carbon Health raises USD 100 million in Series D funding; partners with CVS Health

Monogram Health raises USD 375 million in funding

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Preventive Healthcare

Strive Health raises USD 166 million in Series C funding

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