M&A Deal Summary |
|
|---|---|
| Date | 2010-12-31 |
| Target | Universal American - Medicare Prescription Drug Business |
| Sector | Healthcare Services |
| Buyer(s) | CVS Health |
| Sellers(s) | Universal American |
| Deal Type | Divestiture |
| Deal Value | 1.3B USD |
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| Category | Company |
|---|---|
| Founded | 1996 |
| Sector | Healthcare Services |
| Employees | 219,000 |
| Revenue | 357.8B USD (2023) |
CVS Health operates retail pharmacies, and walk-in medical clinics, and is a pharmacy benefits manager. The Company enables people, businesses, and communities to manage health in a variety of ways. CVS Health advises patients on medications at CVS/pharmacy locations, helps clients control costs at CVS/caremark, and delivers care through CVS/specialty and CVS/minuteclinic. CVS Health was founded in 1996 and is based in Woonsocket, Rhode Island.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 18 |
| Sector (Healthcare Services) | 2 of 6 |
| Type (Divestiture) | 2 of 6 |
| State (New York) | 1 of 1 |
| Country (United States) | 6 of 18 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 9 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-08-13 |
Longs Drug Stores
Walnut Creek, California, United States Longs has 521 drugstores in California, Hawaii, Nevada and Arizona and also operates Rx America, a prescription benefits management program that services more than 8 million members. |
Buy | $2.7B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-09-27 |
TheraCom
Rockville, Maryland, United States TheraCom LLC is a provider of pre- and post-commercialization support services to the biopharmaceutical, device, diagnostic and vaccine manufacturing communities. Our mission is to provide superior solutions that will assure successful product commercialization, minimizing time to peak sales performance. |
Sell | $250M |
| Category | Company |
|---|---|
| Founded | 1981 |
| Sector | Healthcare Services |
| Employees | 1,500 |
| Revenue | 1.5B USD (2015) |
Universal American is a provider of health care products and services.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 5 |
| Sector (Healthcare Services) | 1 of 3 |
| Type (Divestiture) | 2 of 5 |
| State (New York) | 1 of 3 |
| Country (United States) | 2 of 5 |
| Year (2010) | 2 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-04-27 |
CHCS Services
Pensacola, Florida, United States CHCS Services is a provider of underwriting, claims management or complete Senior administrative solutions. CHCS Services is based in Pensacola, Florida. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-02 |
Kepro
Nashville, Tennessee, United States Kepro is a quality improvement and care management organization that offers innovative and outcomes-focused solutions to reduce the utilization of healthcare resources and optimize the quality of care for government and private sector clients. Kepro's comprehensive, member-centric care management solutions go far beyond traditional utilization and case management by coordinating the care provided to members with acute, chronic and complex conditions across the continuum, and identifying members who are at the highest risk for future services but have not yet had an acute event. Kepro was founded in 1985 and is based in Nashville, Tennessee. |
Buy | $228M |
