Oak Street Health
Oak Street Health centers in 21 states will leverage Strive's technology platform and services to help manage care for patients with chronic kidney disease.
In a letter, the senator urged the agency to scrutinize the acquisition and others like it, arguing the deal could increase costs and lower quality of care.
Christopher Lis, managing director of global healthcare intelligence at J.D. Power, discusses the recent primary care deals by Amazon and CVS Health.
The deal is expected to close this year.
According to reporting by the Wall Street Journal, CVS is closing in on an agreement to acquire the primary care chain for $10.5 billion including debt.
Dr. Taha Kass-Hout joins the newly spun-out company from Amazon Web Services.
The funds will be used to add additional brick-and-mortar locations, recruit new healthcare providers and expand its technology platform.
Oak Street Health said the acquisition will improve the specialty care experience for patients, improve care coordination and lower costs.