We mined CVS Health’s acquisitions, investments, and partnerships to discern the company's strategic priorities.
CVS Health is the second-largest healthcare company in the world, with a $141B market cap. The company’s main assets include pharmacies, walk-in medical clinics, a pharmacy benefit manager, and a health insurance company.
Over the past several years, CVS Health has forged dozens of strategic business partnerships, invested in startups, and made a handful of acquisitions that complement its core offerings. Additionally, in 2021, the healthcare giant launched CVS Health Ventures, a $100M venture fund targeting early-stage health technology companies.
Using CB Insights data, we uncovered 5 important strategic priorities highlighted by CVS Health’s recent acquisitions, investments, and partnerships. We then categorized companies by their business relationships with CVS across these priorities.
- Care coordination & chronic disease management
- Diagnostics & therapeutics
- Health IT
- Home health
- Virtual care
