The news: Amazon and UnitedHealth Group (UHG) submitted bids to acquire value-based care and home health company Signify Health, per Bloomberg.
Healthcare giants are circling: Retailers like CVS Health have also pursued Signify Health to boost their digital health strategies.
During CVS Health’s latest earnings call, CEO Karen Lynch said M&As will advance the company’s primary care reach.
What an acquisition could mean for UHG: Signify Health could widen UHG’s value-based care footprint.
UHG already has a massive physician network of 1.3 million in-network physicians. Plus, its Optum business employs 60,000 doctors in 2,000 locations worldwide.
What it could mean for Amazon: The tech giant could be eyeing Signify Health to broaden its home health efforts.
In March 2021, Amazon signaled a deeper interest in home care when it teamed up with health tech companies like Signify Health and health systems like Ascension and Intermountain Healthcare to form Moving Health Home—a coalition that will lobby Congress to make long-term changes to home healthcare reimbursement policies.
11 Times SquareNew York, NY 100361-800-405-0844