Wellvana acquires CVS Health's MSSP business
Wellvana has acquired CVS Health's Medicare Shared Savings Program (MSSP) business in an all-stock transaction, resulting in CVS Health obtaining a strategic minority stake in Wellvana. The acquisition positions Wellvana as one of the largest value-based care enablement companies, now supporting healthcare providers across 40 states and serving approximately 1 million Medicare patients.
The combined entity has generated hundreds of millions in Medicare program savings over the past decade. The deal enhances Wellvana's capabilities by expanding its ACO presence, broadening its hospital and physician network, and adding expertise from CVS Health's MSSP business. Physicians joining Wellvana's network will gain access to scheduling tools, administrative support, and value-based care education, with potential eligibility for Foundational Care™ services.
CVS Health maintains its commitment to value-based care through Oak Street Health®, MinuteClinic®, and Aetna's provider network contracts. Financial terms of the transaction were not disclosed.
Wellvana ha acquisito il business del Medicare Shared Savings Program (MSSP) di CVS Health in una transazione interamente azionaria, portando CVS Health a ottenere una partecipazione strategica di minoranza in Wellvana. Questa acquisizione posiziona Wellvana come una delle più grandi aziende di abilitazione alla cura basata sul valore, supportando ora i fornitori di assistenza sanitaria in 40 stati e servendo circa 1 milione di pazienti Medicare.
La nuova entità ha generato centinaia di milioni di risparmi nel programma Medicare nell'ultimo decennio. L'accordo migliora le capacità di Wellvana espandendo la sua presenza nell'ACO, allargando la sua rete di ospedali e medici, e aggiungendo competenze dal business MSSP di CVS Health. I medici che si uniscono alla rete di Wellvana avranno accesso a strumenti di programmazione, supporto amministrativo e formazione sulla cura basata sul valore, con la potenziale idoneità ai servizi Foundational Care™.
CVS Health mantiene il suo impegno per la cura basata sul valore attraverso i contratti con la rete di fornitori di Oak Street Health®, MinuteClinic® e Aetna. I termini finanziari della transazione non sono stati divulgati.
Wellvana ha adquirido el negocio del Medicare Shared Savings Program (MSSP) de CVS Health en una transacción totalmente en acciones, lo que resulta en que CVS Health obtenga una participación estratégica minoritaria en Wellvana. La adquisición posiciona a Wellvana como una de las empresas más grandes de habilitación de atención basada en el valor, apoyando ahora a los proveedores de atención médica en 40 estados y sirviendo a aproximadamente 1 millón de pacientes de Medicare.
La entidad combinada ha generado cientos de millones en ahorros del programa Medicare en la última década. El acuerdo mejora las capacidades de Wellvana al expandir su presencia en ACO, ampliar su red de hospitales y médicos, y agregar experiencia del negocio MSSP de CVS Health. Los médicos que se unan a la red de Wellvana tendrán acceso a herramientas de programación, apoyo administrativo y educación sobre atención basada en el valor, con posible elegibilidad para los servicios Foundational Care™.
CVS Health mantiene su compromiso con la atención basada en el valor a través de contratos en la red de proveedores de Oak Street Health®, MinuteClinic® y Aetna. Los términos financieros de la transacción no fueron divulgados.
Wellvana는 CVS Health의 Medicare Shared Savings Program (MSSP) 사업을 전량 주식 거래로 인수하여 CVS Health가 Wellvana에 전략적 소수 지분을 확보하게 되었습니다. 이번 인수로 Wellvana는 40개 주에서 의료 제공자를 지원하고 약 100만 명의 Medicare 환자를 서비스하는 가장 큰 가치 기반 의료 지원 기업 중 하나로 자리잡게 되었습니다.
결합된 기업은 지난 10년 동안 Medicare 프로그램에서 수억 달러의 절감을 달성했습니다. 이 거래는 Wellvana의 ACO 존재감을 확장하고 병원 및 의사 네트워크를 넓히며 CVS Health의 MSSP 사업에서 전문성을 추가하여 Wellvana의 역량을 강화합니다. Wellvana의 네트워크에 참여하는 의사들은 스케줄링 도구, 행정 지원 및 가치 기반 의료 교육에 접근할 수 있으며, Foundational Care™ 서비스에 대한 자격이 있을 수 있습니다.
CVS Health는 Oak Street Health®, MinuteClinic® 및 Aetna의 공급자 네트워크 계약을 통해 가치 기반 의료에 대한 약속을 유지하고 있습니다. 거래의 재무 조건은 공개되지 않았습니다.
Wellvana a acquis le business du Medicare Shared Savings Program (MSSP) de CVS Health dans le cadre d'une transaction entièrement en actions, ce qui permet à CVS Health d'obtenir une participation stratégique minoritaire dans Wellvana. Cette acquisition positionne Wellvana comme l'une des plus grandes entreprises d'activation des soins basés sur la valeur, soutenant désormais les prestataires de soins de santé dans 40 états et servant environ 1 million de patients Medicare.
L'entité combinée a généré des centaines de millions d'économies dans le programme Medicare au cours de la dernière décennie. L'accord renforce les capacités de Wellvana en élargissant sa présence dans l'ACO, en élargissant son réseau d'hôpitaux et de médecins, et en ajoutant l'expertise du business MSSP de CVS Health. Les médecins rejoignant le réseau de Wellvana auront accès à des outils de planification, un soutien administratif et une formation sur les soins basés sur la valeur, avec une éventuelle éligibilité aux services Foundational Care™.
CVS Health maintient son engagement envers les soins basés sur la valeur à travers des contrats dans le réseau de prestataires d'Oak Street Health®, MinuteClinic® et Aetna. Les termes financiers de la transaction n'ont pas été divulgués.
Wellvana hat das Geschäft des Medicare Shared Savings Program (MSSP) von CVS Health in einer rein aktienbasierten Transaktion übernommen, was dazu führt, dass CVS Health eine strategische Minderheitsbeteiligung an Wellvana erhält. Die Übernahme positioniert Wellvana als eines der größten Unternehmen zur Ermöglichung von wertbasierter Pflege, das jetzt Gesundheitsdienstleister in 40 Bundesstaaten unterstützt und etwa 1 Million Medicare-Patienten betreut.
Die kombinierte Einheit hat im vergangenen Jahrzehnt Hunderte von Millionen an Einsparungen im Medicare-Programm generiert. Der Deal verbessert Wellvanas Fähigkeiten, indem er die ACO-Präsenz erweitert, das Netzwerk von Krankenhäusern und Ärzten vergrößert und Fachwissen aus dem MSSP-Geschäft von CVS Health hinzufügt. Ärzte, die dem Netzwerk von Wellvana beitreten, erhalten Zugang zu Planungstools, administrativer Unterstützung und Schulungen zur wertbasierten Pflege, mit möglicher Berechtigung für die Foundational Care™-Dienste.
CVS Health hält sein Engagement für wertbasierte Pflege durch Verträge im Anbieter-Netzwerk von Oak Street Health®, MinuteClinic® und Aetna aufrecht. Die finanziellen Bedingungen der Transaktion wurden nicht bekannt gegeben.
- Strategic minority investment from CVS Health through all-stock transaction
- Expansion to 40 states serving 1M Medicare patients
- Proven track record of hundreds of millions in Medicare savings
- Enhanced ACO capabilities and broader hospital/physician network
- Financial terms not disclosed
- CVS Health divesting MSSP business segment
Insights
This transaction represents a strategic repositioning for CVS Health as it divests its Medicare Shared Savings Program business to Wellvana in exchange for a minority stake in the acquirer. This all-stock deal appears to be part of CVS's ongoing portfolio optimization strategy, focusing resources on its core assets while maintaining exposure to the value-based care segment through equity ownership.
The divestiture aligns with CVS's stated commitment to value-based care through its owned assets like Oak Street Health and MinuteClinic, suggesting a consolidation of efforts rather than an exit from the space. By receiving Wellvana equity instead of cash, CVS maintains upside potential if Wellvana succeeds in scaling the combined MSSP operations.
From a financial perspective, the absence of disclosed terms makes immediate impact assessment challenging. However, this transaction likely represents a non-core asset divestiture that streamlines operations while preserving strategic optionality through the equity stake. The MSSP program has faced challenges with consistent profitability across the industry, so this could potentially improve CVS's operational focus and efficiency.
For CVS shareholders, this transaction likely represents a neutral development in the near term. It demonstrates management's willingness to rationalize the portfolio while maintaining exposure to growing segments through strategic investments. The true impact will depend on the relative performance of Wellvana versus what CVS might have achieved maintaining the business in-house.
With latest transaction, Wellvana supports primary care providers across 40 states, serving approximately 1 million patients.
With the acquisition, Wellvana cements itself as one of the largest value-based care enablement companies, supporting health care providers in 40 states and serving approximately 1 million Medicare patients. The combined company has delivered hundreds of millions of dollars in savings to the Medicare program over the past decade.
"Primary care is the engine that reduces cost while improving the health of our communities, and we're on a mission to make it life-changing," said Kyle Wailes, Wellvana President and CEO. "Our high-touch approach that supports physicians, health systems and payors in value-based care has proven effective. The complementary expertise and scale of CVS Health's MSSP business supercharges our impact and accelerates our drive to make patients the ultimate beneficiaries of more valuable care."
Wellvana's acquisition strengthens its capabilities by expanding and diversifying its Accountable Care Organization (ACO) presence, broadening its affiliated hospital and physician network, and adding colleague talent with deep value-based care experience and technology from CVS Health's MSSP business.
CVS Health remains committed to value-based care and is advancing ongoing efforts through its owned care delivery assets – Oak Street Health® and MinuteClinic® – and also through accountable care contracts between Aetna and providers in its network.
"We made this decision to further advance MSSP by partnering with a value-based care leader with the right strategic focus and investment commitment in this space," said Sree Chaguturu, MD, President, Health Care Delivery, CVS Health. "We are incredibly proud of our CVS Health colleagues who have supported the MSSP business over the years and are committed to a smooth transition so they can continue their work and maintain services to clients, providers and patients."
Physicians joining the Wellvana network as part of this acquisition will have the ability to gain access to high-touch tools such as scheduling, administrative support, and value-based care education. As physicians engage with Wellvana's services, in subsequent years they may also become eligible for Foundational Care™, which provides patients with critical medical management support between appointments and after hospitalizations.
Detailed terms have not been disclosed.
About Wellvana
Wellvana partners with primary care practices and health systems to make the transition from fee-for-service to value-based care life-changing for patients. With multiple ACOs in MSSP and REACH, as well as Medicare Advantage contracts from coast to coast, Wellvana matches partners with personalized paths that optimize their value-based care journey. Through its high-touch approach and Foundational Care™ management, Wellvana helps carry the administrative load of practices and health systems while providing between-appointment support for patients. Founded in 2018 and based in
About CVS Health
CVS Health® is the leading health solutions company, delivering care like no one else can. We reach more people and improve the health of communities across America through our local presence, digital channels and over 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses and nurse practitioners. Wherever and whenever people need us, we help them with their health – whether that's managing chronic diseases, staying compliant with their medications or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day. Follow @CVSHealth on social media.
Media Contacts:
Blake Farmer
bfarmer@wellvana.com
Ethan Slavin
Ethan.Slavin@CVSHealth.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/wellvana-acquires-cvs-healths-mssp-business-302391716.html
SOURCE Wellvana
FAQ
What is the impact of Wellvana's acquisition of CVS Health's MSSP business?
How much has the combined Wellvana-CVS MSSP business saved Medicare?
What benefits will physicians receive from joining Wellvana's network after the CVS MSSP acquisition?
How will CVS Health continue its value-based care efforts after selling its MSSP business?
